Feed aggregator

Barrick could meet 2016 debt cut target from cash flow -president

Commodity News - Mon, 09/19/2016 - 15:26
DENVER, Sept 19 (Reuters) - Barrick Gold expects to be able to reach its target of reducing debt by $2 billion by year-end even without selling any assets, company President Kelvin Dushnisky said on Monday.
Categories: Top Market Blogs

US disappointed Congo did not announce election calendar

Commodity News - Mon, 09/19/2016 - 15:10
NEW YORK, Sept 19 (Reuters) - The United States said it was disappointed that Democratic Republic of Congo did not announce an election calendar on Monday and threatened to impose additional sanctions on Congolese officials responsible for violence and repression.
Categories: Top Market Blogs

UPDATE 1-EU to discuss Congo sanctions if Kabila avoids elections -France

Commodity News - Mon, 09/19/2016 - 12:36
NEW YORK, Sept 19 (Reuters) - European nations will discuss the possibility of imposing sanctions on the Democratic Republic of the Congo given the repeated postponement of elections, French Foreign Minister Jean-Marc Ayrault said on Monday.
Categories: Top Market Blogs

Death toll in Congo riots rises to 17 - interior ministry

Commodity News - Mon, 09/19/2016 - 12:06
DAKAR, Sept 19 (Reuters) - Seventeen people were killed during clashes between police and protesters in Democratic Republic of Congo's capital of Kinshasa on Monday, Interior Ministry spokesman Claude Pero Luwara said.
Categories: Top Market Blogs

Commodity stocks help Britain's FTSE outperform Europe

Commodity News - Mon, 09/19/2016 - 12:02
* Mid cap Mitie posts record fall on profit warning (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

European nations to discuss possible Congo sanctions -Ayrault

Commodity News - Mon, 09/19/2016 - 11:16
NEW YORK, Sept 19 (Reuters) - European nations will discuss the possibility of imposing sanctions on the Democratic Republic of the Congo, French Foreign Minister Jean-Marc Ayrault said on Monday.
Categories: Top Market Blogs

UPDATE 3-UN seeks access to Syrian refugees to probe war crimes

Commodity News - Mon, 09/19/2016 - 10:39
* Panel probing use of chemical weapons, incendiary bombs (Recasts after comments at stake-out, adds quotes)
Categories: Top Market Blogs

Four dead in Congo anti-government protest - government

Commodity News - Mon, 09/19/2016 - 10:39
KINSHASA, Sept 19 (Reuters) - At least four people, including two police officers, were killed on Monday when an anti-government march turned violent in the Democratic Republic of Congo's capital Kinshasa, a government spokesman said.
Categories: Top Market Blogs

Brazilian airlines shaken by Ireland tax haven listing

Commodity News - Mon, 09/19/2016 - 09:44
BRASILIA, Sept 19 (Reuters) - Brazilian airlines are up in arms over a decision by Brazil's tax authority to list Ireland as a tax haven, which means about 1 billion reais ($306 million) in new taxes on aircraft leases for carriers struggling to regain profitability.
Categories: Top Market Blogs

Sri Lankan shares hit 7-wk closing low; Distilleries down

Commodity News - Mon, 09/19/2016 - 08:12
COLOMBO, Sept 19 (Reuters) - Sri Lankan shares fell for a third straight session on Monday to post their lowest closing level in seven weeks, led by Distilleries Company of Sri Lanka due to selling by foreign investors ahead of a change in company ownership.
Categories: Top Market Blogs

Protesters burn body of policeman during Congo riots - witness

Commodity News - Mon, 09/19/2016 - 08:11
KINSHASA, Sept 19 (Reuters) - Anti-government protesters in Democratic Republic of Congo burned the body of a police officer in the Limete suburb of the capital Kinshasa on Monday, a Reuters witness said.
Categories: Top Market Blogs

Egypt expects 2-3 IPOs in first year of privatisation plan - NI Capital CEO

Commodity News - Mon, 09/19/2016 - 08:03
CAIRO, Sept 19 (Reuters) - Egypt expects to privatise two or three state-owned companies via listings on the stock exchange in the first year of a privatisation programme, the chief executive of government-owned NI Capital said on Monday.
Categories: Top Market Blogs

RPT-COLUMN-China's iron ore imports stay robust, may delay price retreat: Russell

Commodity News - Mon, 09/19/2016 - 08:00
LAUNCESTON, Australia, Sept 19 (Reuters) - There is an almost universal expectation that iron ore prices will start to retreat soon, reversing some of the 29 percent surge this year that has seen the steel-making ingredient become one of the unexpected commodity top performers.
Categories: Top Market Blogs

UPDATE 1-Congolese protesters burn tyres, urge president to quit - witnesses

Commodity News - Mon, 09/19/2016 - 06:30
KINSHASA, Sept 19 (Reuters) - Congolese opposition activists blocked roads with burning tyres and security forces fired shots in the capital Kinshasa on Monday, witnesses said, amid mounting concerns that President Joseph Kabila plans to delay an election and hold on to power.
Categories: Top Market Blogs

Britain's FTSE gains as miners rally, though mid cap Mitie drops

Commodity News - Mon, 09/19/2016 - 05:07
LONDON, Sept 19 (Reuters) - British shares advanced on Monday, led by a rise in mining companies which were supported by firmer oil prices and a weaker dollar, though mid cap Mitie Group slumped after a profit warning.
Categories: Top Market Blogs

Petra Diamonds expects up to 24 pct rise in 2017 production

Commodity News - Mon, 09/19/2016 - 03:12
Sept 19 (Reuters) - Petra Diamonds Ltd said it expected production to rise up to 24.3 percent in 2017 from a year earlier and grow further to hit 5 million carats (mcts) in 2018, a year earlier than expected.
Categories: Top Market Blogs

COLUMN-China's iron ore imports stay robust, may delay price retreat: Russell

Commodity News - Mon, 09/19/2016 - 02:46
LAUNCESTON, Australia, Sept 19 (Reuters) - There is an almost universal expectation that iron ore prices will start to retreat soon, reversing some of the 29 percent surge this year that has seen the steel-making ingredient become one of the unexpected commodity top performers.
Categories: Top Market Blogs

UPDATE 1-All Hanjin Shipping chartered vessels to be returned to owners after unloading-judge

Commodity News - Mon, 09/19/2016 - 02:26
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday.
Categories: Top Market Blogs

All Hanjin Shipping chartered vessels to be returned to owner after unloading-judge

Commodity News - Mon, 09/19/2016 - 02:04
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd chartered vessels that have completed unloading their cargo have been directed to cancel their charter agreements and return the ship to the shipowner, a judge at Seoul Central District Court said on Monday.
Categories: Top Market Blogs

RPT-Bayer in $66 bln bet that farmers will back linked-up supplies

Commodity News - Mon, 09/19/2016 - 02:00
FRANKFURT, Sept 16 (Reuters) - Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products.
Categories: Top Market Blogs

Pages