Top Market Blogs

British car industry body criticises Brexit uncertainty

Commodity News - Fri, 09/30/2016 - 04:47
LONDON, Sept 30 (Reuters) - Britain's car industry body said on Friday that current uncertainty over Brexit was not conductive to attracting investment and that the government must maintain the competitiveness of the sector.
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UPDATE 1-Philippines says may not freeze all 20 mines facing suspension

Commodity News - Fri, 09/30/2016 - 04:06
* Philippines is the world's top nickel ore supplier (Adds more quotes from minister, Marcventures, background)
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Philippine mining minister: Not all 20 mines facing suspension may be halted

Commodity News - Fri, 09/30/2016 - 01:22
MANILA, Sept 30 (Reuters) - The Philippine government may not freeze all 20 mines facing suspension for environmental infractions and they will be given time to address any lapses, the minister in charge of mining said on Friday.
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Reuters Business News Schedule at 0430 GMT/00.30AM ET

Commodity News - Fri, 09/30/2016 - 00:35
Japan CPI, consumption fall again as BOJ-weary households slash spending
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China's coal stocks at power plants rise by 10 pct in Sept - govt

Commodity News - Fri, 09/30/2016 - 00:16
BEIJING, Sept 30 (Reuters) - Coal inventories at China's key power plants have increased by 10 percent this month, the government said on Friday, amid growing concerns about soaring prices and dwindling supplies due to government-enforced mine closures.
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UPDATE 1-Creditors seek bankruptcy restructuring for Dongbei Special Steel

Commodity News - Fri, 09/30/2016 - 00:08
* Guangxi Nonferrous default may set precedent for Dongbei (Adds additional background, analyst quote)
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Fushun says creditors seek bankruptcy restructuring for Dongbei Special Steel

Commodity News - Thu, 09/29/2016 - 21:33
SHANGHAI, Sept 30 (Reuters) - Fushun Special Steel on Friday said a court is reviewing an application from creditors for a bankruptcy restructuring of parent company Dongbei Special Steel.
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China aluminum officials at U.S. trade hearing urge dialogue in face of criticism

Commodity News - Thu, 09/29/2016 - 20:35
WASHINGTON, Sept 29 (Reuters) - A Chinese industry group making a rare appearance at a U.S. government hearing sought on Thursday to counter arguments that excess aluminum capacity in China threatened American and global producers and processors of the metal.
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UPDATE 1-Fever spreads: China's property speculators descend on inland cities

Commodity News - Thu, 09/29/2016 - 20:31
* Raises concerns that more tightening measures needed (Adds Beijing to dateline)
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Fever spreads: China's property speculators descend on inland cities

Commodity News - Thu, 09/29/2016 - 20:08
CHANGSHA, China, Sept 30 (Reuters) - Property speculators in China are looking for the next big thing beyond the country's major cities. And they may have found it in the inland city of Changsha.
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Child labour taints production of batteries for electric carmakers, Amnesty says

Commodity News - Thu, 09/29/2016 - 20:00
LONDON, Sept 30 (Thomson Reuters Foundation) - Leading electric carmakers may be unwittingly using child labour to produce batteries for vehicles that have grown in popularity for using clean energy aimed at limiting global warming, Amnesty International said on Friday.
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REFILE-UPDATE 3-Och-Ziff to pay $412 mln to settle U.S. foreign bribery charges

Commodity News - Thu, 09/29/2016 - 19:32
Sept 29 (Reuters) - Och-Ziff Capital Management Group LLC will pay $412 million and CEO Daniel Och will pay $2.17 million to resolve U.S. probes into the hedge fund's role in bribing officials in several African countries, U.S. authorities said on Thursday.
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RPT-Australia names Lockheed Martin as weapons system provider for new submarines

Commodity News - Thu, 09/29/2016 - 18:41
SYDNEY, Sept 30 (Reuters) - Australia has selected U.S. defence company Lockheed Martin Corp as its preferred bidder to supply the combat system for its new $38 billion fleet of submarines, the country's defence industry minister said on Friday.
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Alcoa board approves split, expected effective Nov. 1

Commodity News - Thu, 09/29/2016 - 17:58
Sept 29 (Reuters) - Aluminum producer Alcoa Inc said on Thursday its split into two publicly traded companies is expected to be effective Nov. 1, after the company's board approved the separation.
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From salesman to forest defender, Papua New Guinea activist wins U.S. award

Commodity News - Thu, 09/29/2016 - 17:09
NEW YORK, Sept 29 (Thomson Reuters Foundation) - An auto parts salesman from remote Papua New Guinea who became an anti-logging campaigner won a U.S. environmental award on Thursday which he hoped would raise awareness about his country's environmental policies.
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UPDATE 1-Och-Ziff to pay over $400 mln to settle foreign bribery charges

Commodity News - Thu, 09/29/2016 - 15:13
Sept 29 (Reuters) - Hedge fund Och-Ziff Capital Management Group LLC will pay around $200 million and Chief Executive Officer Daniel S. Och will pay another $2.2 million to resolve civil charges related to bribing officials in several African countries, U.S. regulators said Thursday.
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UPDATE 2-British Steel back in profit after spin-off from Tata

Commodity News - Thu, 09/29/2016 - 12:56
* Company work with govt to create level playing field (Adds details, background, comment)
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Europe's food safety watchdog says to release studies on weed-killer glyphosate

Commodity News - Thu, 09/29/2016 - 12:13
LONDON/BRUSSELS, Sept 29 (Reuters) - Europe's food safety watchdog will release data from some of the scientific studies it reviewed in its assessment of glyphosate, an ingredient in Monsanto's widely used herbicide Roundup and subject of a fierce row over possible cancer risk.
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Water meeting safety standards after Florida sinkhole leak: Mosaic

Commodity News - Thu, 09/29/2016 - 12:02
Sept 29 (Reuters) - Testing of nine wells near a sinkhole at a Mosaic Co fertilizer facility in Florida, site of a massive leak of contaminated water, shows that water meets safe drinking standards for radioactivity and damage has not spread beyond the site, the company said.
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UPDATE 1-Kirkland Lake to acquire Newmarket Gold in growth push

Commodity News - Thu, 09/29/2016 - 11:45
TORONTO, Sept 29 (Reuters) - Canada's Kirkland Lake Gold will acquire Australian miner Newmarket Gold for about C$1 billion ($764 million) in stock, creating a mid-tier producer poised to grow, the companies said on Thursday.
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