Top Market Blogs

Serbian state pharma tender attracts only one valid bid

Commodity News - Thu, 09/15/2016 - 07:25
BELGRADE, Sept 15 (Reuters) - A tender for a 25 percent stake in Serbia's loss-making, state-owned pharmaceutical company Galenika has attracted only one valid bid, the Economy Ministry said on Thursday.
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Three firms vie for BP's China petrochemicals plant - sources

Commodity News - Thu, 09/15/2016 - 05:51
FRANKFURT/LONDON, Sept 14 (Reuters) - At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals joint venture SECCO which could fetch more than $2 billion, sources close to the process said.
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UPDATE 1-Peugeot inks 3D printing deal aimed at cutting car costs

Commodity News - Thu, 09/15/2016 - 04:29
PARIS, Sept 15 (Reuters) - French carmaker PSA said on Thursday a partnership with a U.S. 3D printing startup would lead to cheaper production of whole vehicle structures as well as parts for its models.
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Gerdau bets on new Brazil line, exports, data to ease steel slump

Commodity News - Thu, 09/15/2016 - 02:39
* Gerdau says non-traditional flat-steel output gaining clients
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China to support debt-to-equity transfers for steel, coal firms

Commodity News - Thu, 09/15/2016 - 02:03
BEIJING, Sept 15 (Reuters) - China will support asset management companies converting debt into equity stakes for steel and coal firms, and provide credit support to competitive companies with overcapacity issues, the country's top banking regulator said.
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Philippines delays release of mining audit outcome

Commodity News - Thu, 09/15/2016 - 00:47
MANILA, Sept 15 (Reuters) - The Philippine government will release the results of a review of the operations of the country's 40 metallic mines on Sept. 22 instead of this week, the mining minister said on Thursday.
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UPDATE 1-Merkel wants Germany to get refugees into workforce faster

Commodity News - Wed, 09/14/2016 - 23:00
* Merkel urges faster integration after meeting executives (Recasts with Merkel comments)
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UPDATE 2-Canada says deadlocked with U.S. over lumber, ready to litigate

Commodity News - Wed, 09/14/2016 - 19:27
OTTAWA, Sept 14 (Reuters) - Canada has not yet managed to settle a long-running dispute with the United States over softwood lumber exports and is ready to resort to litigation if necessary, Trade Minister Chrystia Freeland said on Wednesday.
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Canada says deadlocked with U.S. over lumber, ready to litigate

Commodity News - Wed, 09/14/2016 - 16:57
OTTAWA, Sept 14 (Reuters) - Canada has not yet managed to settle a long-running dispute with the United States over softwood lumber exports and is ready to resort to litigation if necessary, Canadian Trade Minister Chrystia Freeland told reporters on Wednesday.
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UPDATE 1-Bayer's Monsanto acquisition to face politically charged scrutiny

Commodity News - Wed, 09/14/2016 - 16:56
* Changing political landscape could pose challenge (New throughout, adds comments by three additional lawmakers and Cotton Council)
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CANADA STOCKS-TSX rises with miners; energy stocks drag with lower oil

Commodity News - Wed, 09/14/2016 - 16:55
* Eight of the TSX's 10 main groups rise; energy, financials slip
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Bayer's Monsanto acquisition to face politically charged scrutiny

Commodity News - Wed, 09/14/2016 - 15:38
WASHINGTON D.C./NEW YORK, Sept 14 (Reuters) - As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over the future of food production.
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Ford sees 'substantial headwinds' from 2017 commodity costs

Commodity News - Wed, 09/14/2016 - 14:36
DETROIT, Sept 14 (Reuters) - Ford Motor Co <F.N. Chief Financial Officer Bob Shanks said that the company sees "substantial headwinds" in 2017 on North American commodity costs.
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ABB shareholder Artisan pushes for spin-off of Power Grids

Commodity News - Wed, 09/14/2016 - 13:09
NEW YORK, Sept 14 (Reuters) - Another shareholder of Zurich-based conglomerate ABB has called for the company to spin off its Power Grids division, in an effort to streamline the company to improve its stock price.
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UPDATE 5-Bayer clinches Monsanto with improved $66 billion bid

Commodity News - Wed, 09/14/2016 - 11:35
* Bayer says expects deal to close by end-2017 (Adds detail on regulatory hurdles, executive comments, updates shares)
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CANADA STOCKS-TSX rises with miners; energy stocks drag with lower oil

Commodity News - Wed, 09/14/2016 - 10:12
TORONTO, Sept 14 (Reuters) - Canada's main stock index made a small gain in Wednesday morning trading as mining stocks rebounded, while a further slide in oil prices weighed on shares of energy companies.
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BRIEF-Bayer CEO says has encouraging feedback from regulators on Monsanto deal

Commodity News - Wed, 09/14/2016 - 09:11
* CEO says there is no price adjustment mechanism in the agreement with monsanto, regulatory risks are under control
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UPDATE 3-Bayer clinches Monsanto with improved $66 billion bid

Commodity News - Wed, 09/14/2016 - 08:08
* Bayer says expects deal to close by end-2017 (Adds confirmation, analyst, details, updates shares)
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RPT-COLUMN-China's steel failure, coal success show prices trump bureaucracy: Russell

Commodity News - Wed, 09/14/2016 - 08:00
LAUNCESTON, Australia, Sept 14 (Reuters) - China's steel and coal sectors provide contrasting stories so far this year, with one failing miserably to curb output and the other cutting so successfully it's led to the unintended consequence of higher prices and imports.
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Sri Lankan shares edge down on VAT hike concern

Commodity News - Wed, 09/14/2016 - 07:57
COLOMBO, Sept 14 (Reuters) - Sri Lankan shares closed marginally lower on Wednesday, posting their lowest closing level in nearly six weeks, as a government proposal to raise the value added tax (VAT) hurt market sentiment.
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