Feed aggregator

Exxon, GT find way to cut carbon emissions for chemicals -Science

Commodity News - Thu, 08/18/2016 - 14:01
HOUSTON, Aug 18 (Reuters) - Exxon Mobil and Georgia Tech researchers published findings of a breakthrough in the journal Science on Thursday, saying they had devised a way to slash carbon emissions from chemicals manufacturing by using reverse osmosis instead of heat to separate molecules.
Categories: Top Market Blogs

Britain's FTSE edges up, helped by miner rally

Commodity News - Thu, 08/18/2016 - 12:06
* Kingfisher, Kaz Minerals up after results (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)
Categories: Top Market Blogs

Pakistan shares close lower; rupee steady, o/n rates flat

Commodity News - Thu, 08/18/2016 - 08:13
KARACHI, Aug 18 (Reuters) - Pakistan shares closed lower on Thursday on foreign portfolio investment outflows and on profit-taking, dealers said.
Categories: Top Market Blogs

UPDATE 2-Mongolia jacks up interest rates in effort to halt currency's plunge

Commodity News - Thu, 08/18/2016 - 07:40
ULAANBAATAR, Aug 18 (Reuters) - Mongolia raised its benchmark interest rates by 4.5 percentage points to 15 percent on Thursday, the central bank said, in a bid to stabilise a currency that has been in free-fall.
Categories: Top Market Blogs

COLUMN-Copper - a tale of two South American producers: Andy Home

Commodity News - Thu, 08/18/2016 - 06:22
LONDON, Aug 18 (Reuters) - Copper is underperforming every other major base metal so far this year.
Categories: Top Market Blogs

China smelters face lowest fees in 4 yrs as zinc market tightens

Commodity News - Thu, 08/18/2016 - 05:05
MELBOURNE, Aug 18 (Reuters) - China's huge zinc smelting industry has slashed its fees for turning ore concentrates into refined metal by 20 percent as competition for dwindling global mine output heats up, industry sources said this week.
Categories: Top Market Blogs

UPDATE 1-Kaz Minerals reports year-on-year rise in first-half profit

Commodity News - Thu, 08/18/2016 - 03:45
* Gross cash cost guidance 140-160 U.S. cents/pound (Adds CEO comment, detail)
Categories: Top Market Blogs

BUZZ-Evraz: top UK midcap loser on H1 profit miss

Commodity News - Thu, 08/18/2016 - 03:32
** Evraz, one of Russia's largest steel producers, -c.4% & top midcap loser after co's H1 profit misses forecast
Categories: Top Market Blogs

UPDATE 1-German residential building permits up 30 pct in first half

Commodity News - Thu, 08/18/2016 - 02:47
BERLIN, Aug 18 (Reuters) - The number of new residential building permits issued in Germany rose by nearly a third in the first half of 2016 to over 182,000, data showed on Thursday, a sign that construction will help to reinvigorate growth in Europe's largest economy.
Categories: Top Market Blogs

Mongolian Olympians left unpaid as country wrestles with crisis

Commodity News - Thu, 08/18/2016 - 01:58
ULAANBAATAR, Aug 18 (Reuters) - As mostly sports-mad Mongolians cheer on the country's two medalists at the Rio Olympic Games, deepening economic troubles at home mean the new government cannot afford to pay its athletes.
Categories: Top Market Blogs

UPDATE 1-After years of pain, coal becomes one of the hottest commodities of 2016

Commodity News - Wed, 08/17/2016 - 21:23
* Australian miners stand to benefit most (Adds Whitehaven comments, share price recovery)
Categories: Top Market Blogs

Top steel firms' debt level totals record $150 billion -EY

Commodity News - Wed, 08/17/2016 - 19:01
LONDON, Aug 18 (Reuters) - Debt in the world's top 30 steel companies totals a record $150 billion, international accountancy firm EY said on Thursday, adding governments' action to support the sector would work only if matched with more radical industry restructuring.
Categories: Top Market Blogs

UPDATE 2-Monsanto gives Bayer limited access to its books -sources

Commodity News - Wed, 08/17/2016 - 13:57
* Bayer has no appetite to go hostile but talks difficult -sources (Adds Monsanto CEO comment)
Categories: Top Market Blogs

UPDATE 1-Poland's KGHM H1 net below forecasts on foreign asset losses

Commodity News - Wed, 08/17/2016 - 13:11
WARSAW, Aug 17 (Reuters) - Poland's KGHM on Wednesday reported a bigger than expected fall in net profit in the first half of 2016 on the back of losses on its foreign assets driven by rising costs and falling copper prices.
Categories: Top Market Blogs

URGENT-U.S. ITC backs steel pipe and tube import duties

Commodity News - Wed, 08/17/2016 - 11:11
WASHINGTON, Aug 17 (Reuters) - The U.S. International Trade Commission on Wednesday backed duties on imports of certain carbon steel pipes and tubes from South Korea, Mexico and Turkey, saying the imports were harming domestic producers.
Categories: Top Market Blogs

MIDEAST STOCKS-Saudi falls to four-month low, FTSE hopes support Qatar

Commodity News - Wed, 08/17/2016 - 10:59
DUBAI, Aug 17 (Reuters) - Most Middle Eastern stock markets fell on Wednesday with Saudi Arabia hit by a broad sell-off, but support for Qatar persisted on expectations of fund inflows when index compiler FTSE includes it in its emerging market index next month.
Categories: Top Market Blogs

Canada's Brookfield to buy Odebrecht Ambiental - source

Commodity News - Wed, 08/17/2016 - 08:28
PARIS, Aug 17 (Reuters) - Canada's Brookfield Asset Management Inc has signed a preliminary contract to buy Brazilian engineering conglomerate Grupo Odebrecht's 70 percent stake in water and sewage group Odebrecht Ambiental, an industry source told Reuters on Wednesday.
Categories: Top Market Blogs

Pakistan shares hit record high; rupee flat, o/n rates fall

Commodity News - Wed, 08/17/2016 - 08:23
KARACHI, Aug 17 (Reuters) - Pakistan shares closed at a record high on Wednesday after a decision by the Pakistan Stock Exchange Ltd to offer a stake in the bourse operator received interest from as many as 17 investors, and on gains in refinery stocks, dealers said.
Categories: Top Market Blogs

RPT-COLUMN-Is being a boring cash cow going to be enough for BHP?: Russell

Commodity News - Wed, 08/17/2016 - 08:00
LAUNCESTON, Australia, Aug 17 (Reuters) - While a record loss is certain to grab media headlines, the real story about BHP Billiton is far more sanguine as the company tries to prove that boring is better.
Categories: Top Market Blogs

De Beers stakes its reputation on spotting the difference

Commodity News - Wed, 08/17/2016 - 07:00
* Anglo American has put De Beers at core of slimmer portfolio
Categories: Top Market Blogs

Pages