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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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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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Uber debuts self-driving vehicles in landmark Pittsburgh trial

Commodity News - Wed, 09/14/2016 - 06:00
PITTSBURGH, Sept 14 (Reuters) - When Pittsburgh wakes up on Wednesday morning, some residents will have the choice of going about their day in an Uber that drives itself.
Categories: Top Market Blogs

UPDATE 1-Bayer signs deal worth close to $66 bln to buy Monsanto - source

Commodity News - Wed, 09/14/2016 - 05:47
* Bayer shares up 3 pct (Adds calculation of overall deal size, comparison to past deals, future market share)
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UPDATE 2-Three ships chartered to troubled Hanjin sold, more on the block

Commodity News - Wed, 09/14/2016 - 05:42
* Three bulk carriers sold charter-free at about market rates
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Bayer agrees to acquire Monsanto for $128 per share - source

Commodity News - Wed, 09/14/2016 - 05:18
NEW YORK, Sept 14 (Reuters) - Bayer won over Monsanto's management with a $128 per share offer to take over the global seed market leader, a person familiar with the matter told Reuters on Wednesday.
Categories: Top Market Blogs

Fire breaks out at petrochemical plant in southern Iran

Commodity News - Wed, 09/14/2016 - 04:32
DUBAI, Sept 14 (Reuters) - A fire broke out on Wednesday at Iran's Mobin Petrochemical refinery complex in southern port of Assaluyeh, leaving four people injured, state media reported, the latest in a string of blazes in the region.
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China denies aluminium exports evading U.S. duties

Commodity News - Wed, 09/14/2016 - 04:21
SHANGHAI, Sept 14 (Reuters) - A Chinese industry group has denied that the country's aluminium producers could be involved in exporting extrusion products via Mexico to circumvent U.S. duties, in the latest sign of bubbling trade tensions between the two nations.
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UPDATE 1-ChemChina seals combination of Israel's Adama with Sanonda

Commodity News - Wed, 09/14/2016 - 03:58
* Sanonda shares have been halted since Aug 2015 (Adds details of the transaction, financial adviser, ChemChina deals)
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Australia shares snap 4 days of losses as banks firm; NZ down

Commodity News - Wed, 09/14/2016 - 03:31
Sept 14 (Reuters) - Australian shares recovered from four-straight sessions of losses on Wednesday, boosted by financial stocks, as expectations rose of the country's 30-year bond debut drawing strong demand.
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Linde chairman says no new talks with Praxair "for now" -Handelsblatt

Commodity News - Wed, 09/14/2016 - 02:54
FRANKFURT, Sept 14 (Reuters) - The chairman of German industrial gases group Linde said U.S. rival Praxair would still be the best partner for it but he did not foresee that merger talks would immediately resume after Linde's two top executives quit.
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Three ships chartered to troubled Hanjin Shipping sold

Commodity News - Wed, 09/14/2016 - 01:02
* Three bulk carriers sold charter-free at about market rates
Categories: Top Market Blogs

COLUMN-China's steel failure, coal success show prices trump bureaucracy: Russell

Commodity News - Wed, 09/14/2016 - 00:37
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.
Categories: Top Market Blogs

N.Korea ramps up uranium enrichment, enough for six nuclear bombs a year-experts

Commodity News - Tue, 09/13/2016 - 22:45
SEOUL, Sept 14 (Reuters) - North Korea will have enough material for about 20 nuclear bombs by the end of this year, with ramped-up uranium enrichment facilities and an existing stockpile of plutonium, according to new assessments by weapons experts.
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CORRECTED-UPDATE 4-Hanjin Shipping secures $45 mln, more may take "considerable time"

Commodity News - Tue, 09/13/2016 - 20:35
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take "considerable time."
Categories: Top Market Blogs

CORRECTED-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"

Commodity News - Tue, 09/13/2016 - 20:35
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take "considerable time".
Categories: Top Market Blogs

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