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CANADA STOCKS-TSX falls on commodity weakness; Couche-Tard jumps

Commodity News - Mon, 08/22/2016 - 10:30
TORONTO, Aug 22 (Reuters) - Canada's main stock index fell on Monday as lower oil and metal prices weighed on energy and mining stocks, while Alimentation Couche-Tard Inc jumped after the convenience store operator bought a U.S. chain in an expansion move.
Categories: Top Market Blogs

COLUMN-Tin mining - Cornish dreams and Myanmar reality: Andy Home

Commodity News - Mon, 08/22/2016 - 09:59
LONDON, Aug 22 (Reuters) - Hope springs eternal in Cornwall when it comes to reviving tin mining in this southwestern corner of the United Kingdom.
Categories: Top Market Blogs

UPDATE 2-VW says six German plants hit by supplier dispute

Commodity News - Mon, 08/22/2016 - 09:13
* VW says continues to seek agreement with suppliers (Adds analyst comment, detail and shares)
Categories: Top Market Blogs

UPDATE 1-German exports to Iran soar after removal of sanctions

Commodity News - Mon, 08/22/2016 - 08:31
* High demand for 'Made in Germany' goods from Islamic Republic
Categories: Top Market Blogs

Russian EconMin: govt "to do its best" to privatise Rosneft in 2016

Commodity News - Mon, 08/22/2016 - 08:07
SHCHETINKA, Russia, Aug 22 (Reuters) - Russia's government should do its best to privatise a stake in the nation's largest oil producer Rosneft this year, Russian Economy Minister Alexei Ulyukayev said on Monday.
Categories: Top Market Blogs

RPT-COLUMN-Fortescue, Bluescope success shows why iron, steel prices will stay low: Russell

Commodity News - Mon, 08/22/2016 - 08:00
LAUNCESTON, Australia, Aug 22 (Reuters) - A year ago it's likely you would have got better odds that Fortescue Metals Group and Bluescope Steel would go under rather than double profits, given the dire outlook for both iron ore and steel products at that time.
Categories: Top Market Blogs

German exports to Iran soar in H1 after removal of sanctions

Commodity News - Mon, 08/22/2016 - 07:51
BERLIN, Aug 22 (Reuters) - German exports to Iran, mostly machines and equipment, jumped in the first half of the year following the removal of international sanctions against the Islamic Republic, official trade data showed on Monday.
Categories: Top Market Blogs

Pakistan shares close lower; rupee weaker, o/n rates rise

Commodity News - Mon, 08/22/2016 - 07:47
KARACHI, Aug 22 (Reuters) - Pakistan shares closed lower on Monday as investors took a cautious stance after outflow of foreign portfolio investment in the last session, dealers said.
Categories: Top Market Blogs

UPDATE 1-Kurdish militia launches assault to evict Syrian army from key city of Hasaka

Commodity News - Mon, 08/22/2016 - 06:53
* Kurdish militia wants control of government parts of Hasaka city
Categories: Top Market Blogs

German govt urges VW to end dispute with suppliers

Commodity News - Mon, 08/22/2016 - 06:49
BERLIN, Aug 22 (Reuters) - The German Economy Ministry on Monday urged Volkswagen and its suppliers to quickly end a dispute that has prompted production delays at six plants including at the car maker's main Wolfsburg factory.
Categories: Top Market Blogs

Britain's FTSE edges up as housebuilders rise, miners lag

Commodity News - Mon, 08/22/2016 - 05:16
LONDON, Aug 22 (Reuters) - British shares edged higher on Monday, led by a rise in housebuilding stocks, with gains capped by a fall in the mining sector.
Categories: Top Market Blogs

RPT-Promised prosperity never arrived in Russian-held Crimea, locals say

Commodity News - Mon, 08/22/2016 - 04:06
ARMYANSK, Crimea, Aug 21 (Reuters) - More than two years after Russia annexed Crimea and promised its 2 million people a better life, residents say prices have soared, wages and pensions have stagnated and tourists have fled.
Categories: Top Market Blogs

Syngenta surge sees Swiss stocks outperform Europe

Commodity News - Mon, 08/22/2016 - 03:15
LONDON, Aug 22 (Reuters) - Swiss shares outperformed a flat European stock market on Monday, boosted by a jump in Swiss chemical company Syngenta after a bid by ChemChina to buy the firm was cleared by a U.S. watchdog.
Categories: Top Market Blogs

UPDATE 3-U.S. watchdog clears ChemChina's takeover of Syngenta

Commodity News - Mon, 08/22/2016 - 02:25
* Syngenta shares indicated 16 percent higher (Adds share price indication)
Categories: Top Market Blogs

REFILE-UPDATE 2-Iron ore miner Fortescue eyes dividend rise as profit leaps

Commodity News - Mon, 08/22/2016 - 02:06
SYDNEY, Aug 22 (Reuters) - Australia's Fortescue Metals Group Ltd, the world No. 4 iron ore producer, reported a tripling of its annual net profit on Monday to nearly $1 billion and said it could shoulder a big jump in future dividend payouts.
Categories: Top Market Blogs

U.S. watchdog clears ChemChina takeover of Syngenta

Commodity News - Mon, 08/22/2016 - 01:09
ZURICH, Aug 22 (Reuters) - A U.S. regulator has cleared ChemChina's blockbuster takeover of Swiss pesticides and seeds group Syngenta, the companies said on Monday.
Categories: Top Market Blogs

COLUMN-Fortescue, Bluescope success shows why iron, steel prices will stay low: Russell

Commodity News - Mon, 08/22/2016 - 00:02
LAUNCESTON, Australia, Aug 22 (Reuters) - A year ago it's likely you would have got better odds that Fortescue Metals Group and Bluescope Steel would go under rather than double profits, given the dire outlook for both iron ore and steel products at that time.
Categories: Top Market Blogs

Tokyo Steel keeps prices unchanged for third month

Commodity News - Sun, 08/21/2016 - 23:04
TOKYO, Aug 22 (Reuters) - Tokyo Steel Manufacturing , Japan's top electric arc furnace steelmaker, said on Monday it would keep product prices unchanged for the third month in September, reflecting a slow recovery in its local market.
Categories: Top Market Blogs

UPDATE 1-Australia's BlueScope Steel tips strong growth in 2017 after stellar year

Commodity News - Sun, 08/21/2016 - 21:34
* Shares jump to more than five-year high (Adds CEO comments)
Categories: Top Market Blogs

China July unwrought copper and products exports surge- customs

Commodity News - Sun, 08/21/2016 - 21:14
BEIJING, Aug 22 (Reuters) - China's exports of unwrought copper, including copper alloy products, stood at 75,022 tonnes in July, a more-than-fivefold increase from the same month a year earlier, Chinese customs data showed on Monday. (Reporting by Josephine Mason; Editing by Paul Tait)
Categories: Top Market Blogs

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