Royal Dutch Shell gave the green light on Monday for an expansion of the Penguins oil and gas field in the UK North Sea, its first major new project in the ageing basin in six years.Read full newsRead More
Sheikh Abdullah bin Ali Al Thani is the latest in a line of public figures to accuse Abu Dhabi of holding them against their will.Read full newsRead More
DUBAI, United Arab Emirates - The United Arab Emirates on Monday claimed that Qatari fighter jets intercepted two of its commercial airliners in international airspace on the way to Bahrain, ...Read full newsRead More
The incident could further escalate tensions between Qatar and the four Arab nations.Read full newsRead More
- London homeowners cut property prices by another 1.4% in January- Average price for a London house dropped by ?22,000 to ?600,926 in 2017- Takes 78 days to sell a home on average, the highest level since 2012- London's downtrend continues after 2017 performance as worst UK housing market- UK regional house prices begin to falter as house prices climb slows down- Gold bullion remains a great h...Read More
- London homeowners cut property prices by another 1.4% in January- Average price for a London house dropped by ?22,000 to ?600,926 in 2017- Takes 78 days to sell a home on average, the highest level since 2012- London's downtrend continues after 2017 performance as worst UK housing market- UK regional house prices begin to falter as house prices climb slows down- Gold bullion remains a great h...Read More
SEOUL, Jan 16 (Reuters) - Round-up of South Korean financial markets: ** South Korea's KOSPI stock index weakened slightly on Tuesday. The Korean won barely moved from a 3-year high reached this week while bond yields rose. ** At 00:59 GMT, the KOSPI was down 2.05 points or 0.08 percent at 2,501.31. ** The won was quoted at 1,064.3 per dollar on the onshore settlement platform , 0.15 percent weake...Read More
HONG KONG, Jan 16 (Reuters) - Aluminium products maker China Hongqiao Group Ltd said on Tuesday it plans to sell HK$6.24 billion ($800 million) worth of new shares to its controlling shareholder to cut its debt.The mainland China-based company will issue 650 million new shares to its chairman-controlled China Hongqiao Holdings Ltd at HK$9.60 apiece, representing a 10.45 percent discount to the pr...Read More
* Australian shares hit 2-week low* Weak iron ore prices drag material stocks* NZ marks biggest intraday percentage gain in over 5 weeks By Christina MartinJan 16 (Reuters) - Australian shares slipped to their lowest in two weeks on Tuesday, with materials weighing on the index on weak iron ore and coking coal prices.Chinese iron ore futures fell 2 percent on Monday as stockpiles of the steelmaki...Read More
Jan 16 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times-Financial Reporting Council warned that it may launch an investigation into KPMG over its audit of Carillion Plc . The company has collapsed into liquidation putting thousands of jobs at risk. - The value of the pound has ris...Read More
* Australian shares hit 2-week low* Weak iron ore prices drag material stocks* NZ marks biggest intraday percentage gain in over 5 weeks By Christina MartinJan 16 (Reuters) - Australian shares slipped to their lowest in two weeks on Tuesday, with materials weighing on the index on weak iron ore and coking coal prices.Chinese iron ore futures fell 2 percent on Monday as stockpiles of the steelmak...Read More
(Repeats with no changes. The opinions expressed here are those of the author, a columnist for Reuters)* Global production by country: * Global reserves by country: * Cobalt vs copper and nickel pricing: By Andy HomeLONDON, Jan 15 (Reuters) - The cobalt market will record a supply surplus both this year and next, according to heavyweight commodities research house CRU. This might seem a little su...Read More
Canyon Copper Corp. ('Canyon') (TSX-V: CNC) is pleased to announce that Canyon has acquired additional claims surrounding the company's 100% Cameron Cobalt Project located in Brigstocke Township approximately 20 kilometers southwest of Cobalt, Ontario and 120 kilometers north of North Bay, Ontario.Read full newsRead More
Mr. Ioannis Tsitos reportsGOLDSOURCE MINES PROVIDES PRIVATE PLACEMENT UPDATEGoldsource Mines Inc.'s private placement for $1.0-million announced on Dec. 18, 2017, and increased to $1.8-million as announced on Jan. 5, 2018, has been oversubscribed.As a result, the company has received conditional TSX Venture Exchange approval for a private placement of a total of 36,418,000 units, which is now expe...Read More
Mr. Ioannis Tsitos reportsGOLDSOURCE MINES PROVIDES PRIVATE PLACEMENT UPDATEGoldsource Mines Inc.'s private placement for $1.0-million announced on Dec. 18, 2017, and increased to $1.8-million as announced on Jan. 5, 2018, has been oversubscribed.As a result, the company has received conditional TSX Venture Exchange approval for a private placement of a total of 36,418,000 units, which is now expe...Read More
SYDNEY, Jan 16 (Reuters) - Australian sales of new vehicles surged by the most since 2012 in December to hit record highs for the month and the year, adding to signs of a pick up in consumer spending after a prolonged soft spell.Tuesday's data from the Australian Bureau of Statistics showed sales jumped 4.5 percent in December to a seasonally adjusted 103,743, a marked step up from November's 0.2...Read More
* Rio looks to lift 2018 iron ore shipments by 10 mln/t* Reports 1 pct rise in 2017 shipments* Mined copper output down 9 pct in 2017 (Adds expansion details, iron ore price, Oyu Tolgoi tax bill)By James ReganSYDNEY, Jan 16 (Reuters) - Global miner Rio Tinto , said on Tuesday it could ship up to an additional 10 million tonnes of iron ore in 2018 worth $780 million at today's prices after reporti...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -0.5 pct, CSI300 +0.0 pct, HSI -0.2 pct* Shanghai->HK daily quota used 11.5 pct* HK->Shenzhen Connect daily quota used 0.1 pct, Shenzhen->HK daily quota used 9.6 pct* CNY official close 6.4363 per dollar* FTSE China A50 +1.3 pct, BNY Mellon ADR China Select Index +0.3 pct SHANGHAI, Jan 16 (Reuters) - Following is a list of recent corporate and poli...Read More
Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added Techint Group's Tenova S.p.A. as a new member.Tenova is a mechanical engineering company for the steel and non-ferrous metals processing industry headquartered in Castellanza, Italy. The other three members of the initiative, Danieli & C Officine Meccan...Read More
* McKinsey has lost several clients over fallout from contract* Zuma authorized enquiry into allegations of influence peddling* McKinsey and its South African partner Trillian deny wrongdoing By Alexander WinningJOHANNESBURG, Jan 16 (Reuters) - A South African court has authorized the freezing of 1.6 billion rand ($130 million) in assets earned by global consultancy McKinsey and a firm linked to...Read More