Top Market Blogs

India's Tata Steel reports $477 mln Q1 loss on Europe plant sale

Commodity News - Mon, 09/12/2016 - 11:19
MUMBAI, Sept 12 (Reuters) - India's Tata Steel Ltd reported on Monday a $477 million consolidated first-quarter net loss as it sold a business in Europe, and said talks continued for a proposed partnership to run its European plants.
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CANADA STOCKS-TSX slips; Potash-Agrium merger, Open Text deal limit loss

Commodity News - Mon, 09/12/2016 - 11:04
TORONTO, Sept 12 (Reuters) - Canada's main stock index slipped on Monday as banks fell with a retreat in overseas equities markets, but losses were cushioned by companies gaining on domestic merger activity.
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Barrick Gold partners with Cisco in bid to boost productivity

Commodity News - Mon, 09/12/2016 - 10:18
Sept 12 (Reuters) - Barrick Gold Corp, the world's biggest gold producer, said on Monday it would partner with Cisco Systems to incorporate digital technology in all aspects of its mining business, aiming to improve productivity and efficiency.
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UPDATE 3-Potash Corp, Agrium to merge to create $36 bln company

Commodity News - Mon, 09/12/2016 - 08:38
Sept 12 (Reuters) - Canada's Agrium Inc and Potash Corp of Saskatchewan Inc agreed to combine in a deal that would create a fertilizer giant with an enterprise value of about $36 billion but also draw scrutiny from U.S. regulators.
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Agrium and Potash Corp to merge

Commodity News - Mon, 09/12/2016 - 06:17
Sept 12 (Reuters) - Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Monday they would combine to create a fertilizer and farm retailing giant with proforma enterprise value of $36 billion.
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UPDATE 1-Linde, Praxair end $60 billion merger talks

Commodity News - Mon, 09/12/2016 - 03:17
* Linde says strategic rationale existed but no deal on details
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Two workers killed in explosion at Orica plant in Chile

Commodity News - Sun, 09/11/2016 - 11:36
SANTIAGO, Sept 11 (Reuters) - Two workers were killed in an explosion at Australian company Orica Ltd's emulsions manufacturing plant in Chile, the company said on Sunday.
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UPDATE 1-Thyssenkrupp's Atzpodien to lose job after submarine tender loss -sources

Commodity News - Fri, 09/09/2016 - 12:37
* Atzpodien was charged with winning Australian sub tender (Adds source saying Atzpodien to stay on as adviser, details on Industrial Solutions restructuring)
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Thyssenkrupp's Atzpodien to lose job after submarine tender loss -sources

Commodity News - Fri, 09/09/2016 - 11:50
LONDON/BERLIN, Sept 9 (Reuters) - Thyssenkrupp manager Hans Christoph Atzpodien is expected to leave the management board of the group's Industrial Solutions unit after losing a $40 billion Australian submarine tender, two sources familiar with the matter told Reuters.
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GLOBAL LNG-Prices edge up as old and new buyers seek spot supplies

Commodity News - Fri, 09/09/2016 - 11:39
MILAN, Sept 9 (Reuters) - Asian liquefied natural gas (LNG) prices edged up on a crop of fresh tenders expected to add to already brisk demand from Indian and Middle Eastern importers.
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UPDATE 1-Main border crossing for Congo copper exports closed as riots kill three

Commodity News - Fri, 09/09/2016 - 10:28
KINSHASA, Sept 9 (Reuters) - Three people were killed in riots on Friday near a border crossing between Democratic Republic of Congo and Zambia that serves as the main export route for Congolese copper, Congo's government said.
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British steel workers face prospect of pension quick fix - sources

Commodity News - Fri, 09/09/2016 - 09:17
* Sources say government likely to opt for existing safety net
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Sri Lankan shares end down, dragged by large caps

Commodity News - Fri, 09/09/2016 - 07:24
COLOMBO, Sept 9 (Reuters) - Sri Lanka's benchmark index fell for the third straight session on Friday, dragged down by large caps, as investors stayed on the sidelines amid confusion over falling bond yields, stockbrokers said.
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EU regulators halt Dow, DuPont merger review to gather data

Commodity News - Fri, 09/09/2016 - 06:38
BRUSSELS, Sept 9 (REUTERS) - EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 billion deal.
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Cash-strapped Mongolia puts giant coalmine back in play

Commodity News - Fri, 09/09/2016 - 05:13
* Mining generated 67.8 pct of Mongolia's H1 industrial output
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Sri Lankan rupee weaker on importer demand

Commodity News - Fri, 09/09/2016 - 03:35
COLOMBO, Sept 9 (Reuters) - The Sri Lankan rupee traded weaker on Friday as importer dollar demand surpassed inward remittances of the U.S. currency amid a lack of exporter conversions, dealers said.
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COLUMN-Appearance and elusive reality in China's zinc mining sector: Andy Home

Commodity News - Thu, 09/08/2016 - 20:00
LONDON, Sept 8 (Reuters) - What could bring the zinc bull party to an untimely end?
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CANADA STOCKS-TSX firms as gains for energy offset broader losses

Commodity News - Thu, 09/08/2016 - 17:03
TORONTO, Sept 8 (Reuters) - Canada's main stock index edged higher on Thursday as an oil price-driven rally in energy stocks offset broader losses for the market.
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Goldcorp hires Scotiabank to run Los Filos mine sale: sources

Commodity News - Thu, 09/08/2016 - 15:32
TORONTO/MEXICO CITY, Sept 8 (Reuters) - Goldcorp Inc has hired Bank of Nova Scotia to lead the sale process for Los Filos, its gold and silver mine in Mexico, according to two sources familiar with the situation, after putting the asset on the block earlier in the summer.
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Bayer exploring sale of dermatology business - Bloomberg

Commodity News - Thu, 09/08/2016 - 13:30
Sept 8 (Reuters) - German chemicals and crop pesticides firm Bayer AG is exploring the sale of its dermatology business to push forward its deal with Monsanto Co, Bloomberg reported, citing sources.
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