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."
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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".
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RPT-COLUMN-Norilsk's 1942 nickel plant gone but far from forgotten: Andy Home

Commodity News - Tue, 09/13/2016 - 20:00
LONDON, Sept 13 (Reuters) - Norilsk Nickel, or Nornik as it has just rebranded itself, has just completed the decommissioning of the nickel refining plant in its far-flung Polar operations in the Arctic north of Siberia.
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RPT-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"

Commodity News - Tue, 09/13/2016 - 17:53
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".
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UPDATE 1-Arch Coal's turnaround plan confirmed by U.S. court

Commodity News - Tue, 09/13/2016 - 14:53
Sept 13 (Reuters) - U.S. coal miner Arch Coal won court approval on Tuesday for a plan to eliminate $4.7 billion of debt from its balance sheet, the company said, clearing the path to emerge from bankruptcy in early October.
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Top German companies say refugees not ready for job market

Commodity News - Tue, 09/13/2016 - 12:57
FRANKFURT, Sept 13 (Reuters) - Germany's blue-chip companies will have to explain to Chancellor Angela Merkel on Wednesday why they have managed to hire fewer than 100 refugees after around a million arrived in the country last year.
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U.S. senators set bill to keep focus on rights in Myanmar -document

Commodity News - Tue, 09/13/2016 - 11:29
WASHINGTON, Sept 13 (Reuters) - Senior U.S. senators will introduce legislation on Tuesday intended to preserve a focus on human rights issues in Myanmar, amid expectations that the Obama administration will further ease or lift sanctions, according to a summary of the measure seen by Reuters.
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UPDATE 1-Linde CEO, CFO leave after Praxair talks collapse

Commodity News - Tue, 09/13/2016 - 11:22
* Linde shares up more than 5 percent (Adds share price, details)
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Jaguar Land Rover picks contractors, breaks ground for Slovak plant

Commodity News - Tue, 09/13/2016 - 11:01
NITRA, Slovakia, Sept 13 (Reuters) - Luxury carmaker Jaguar Land Rover (JLR) has picked Japanese firm Takenaka and Czech company Vces, part of Bouygues group, as subcontractors for the Slovak factory it started building on Tuesday, the company said.
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Linde CFO leaves after Praxair talks collapse

Commodity News - Tue, 09/13/2016 - 10:54
FRANKFURT, Sept 13 (Reuters) - Linde said its finance chief Georg Denoke was leaving the management board, effective Tuesday, a day after merger talks ended between the German industrial gases group and U.S. rival Praxair.
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Icahn endorses Freeport's efforts to reduce debt, explore options

Commodity News - Tue, 09/13/2016 - 09:31
Sept 13 (Reuters) - Activist investor Carl Icahn, the third-largest shareholder in Freeport McMoran Inc, said on Tuesday he endorsed the U.S. miner's efforts to reduce debt and explore strategic alternatives.
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Desperation and death beneath South Africa's City of Gold

Commodity News - Tue, 09/13/2016 - 09:30
JOHANNESBURG, Sept 13 (Reuters) - When he lost his job as a Johannesburg gardener a month ago, 25-year-old Sibangani Tsikwe did what millions of men have done before him: seek their fortune deep underground in the gold mines that help to define South Africa.
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Romania moves to protect some of Europe's last virgin forests

Commodity News - Tue, 09/13/2016 - 09:00
VIDRARU, Romania, Sept 13 (Reuters) - With new technology and a crackdown on logging, Romania is racing to save some of Europe's last virgin forests, home to wolves and brown bears.
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Sri Lankan shares end higher; blue-chips lead

Commodity News - Tue, 09/13/2016 - 08:39
COLOMBO, Sept 13 (Reuters) - Sri Lanka's benchmark index edged up on Tuesday to recover from a seven-week closing low hit in the previous session, led by blue-chips, but investors stayed on the sidelines amid confusion over falling bond yields.
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REUTERS SUMMIT-Russian Nord Stream-2 on track with pipes expected soon

Commodity News - Tue, 09/13/2016 - 08:30
* For other news from Reuters Russia Investment Summit, click on http://www.reuters.com/summit/russia16
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RPT-COLUMN-Coking coal bubble to deflate, unlikely to burst: Russell

Commodity News - Tue, 09/13/2016 - 08:00
LAUNCESTON, Australia, Sept 13 (Reuters) - When the price of a commodity rises by 117 percent in a mere 15 weeks, it's generally a sign that something is amiss in the market, and coking coal's recent stellar run is no exception to this rule.
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German court throws out pollution case against K+S execs

Commodity News - Tue, 09/13/2016 - 07:13
FRANKFURT, Sept 13 (Reuters) - A German court said on Tuesday it would not open proceedings against executives of German potash and salt miner K+S on charges of water pollution.
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COLUMN-Norilsk's 1942 nickel plant gone but far from forgotten: Andy Home

Commodity News - Tue, 09/13/2016 - 06:48
LONDON, Sept 13 (Reuters) - Norilsk Nickel, or Nornik as it has just rebranded itself, has just completed the decommissioning of the nickel refining plant in its far-flung Polar operations in the Arctic north of Siberia.
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