AAP reported that shares in Sundance Resources are expected come under downwards pressure when they resume trading, as the prospect of a takeover deal with Hanlong Mining appears even more remote. Sundance shares were placed in a trading ...
Tags: iron ore price news, stock market news, sundance fest, iron
ABN Amro expects gold prices to drop substantially over the next two years on a modest increase in supply and slightly lower demand. ABN Amro said that it sees gold averaging USD 1,400 per ounce in 2013 and USD 1,300 an ounce in 2014. The ...
Tags: ABN Amro, gold prices, palladium, gasoline
Arab News cited Mr Abdullah Al Badri secretary general of OPEC as saying that ahead of the oil exporting group's meeting in Vienna next week. The market is comfortable as I see it at this time. OPEC is expected to stick with an output ...
Tags: oil exporting, OPEC, global economy, energy demand
Reuters reported that Hydro is focusing its Capital Markets Day 2012 on the improvement efforts being made throughout the company, aiming to create a global leader in aluminium. Hydro is expecting world aluminium demand outside China of 2% ...
Tags: aluminium extrudé, extruded aluminium, aluminium profile
According to the OECD's latest Economic Outlook,the global economy is expected to make a hesitant and uneven recovery over the coming two years.Decisive policy action is needed to ensure that stalemate over fiscal policy in the United ...
Tags: fiscal cliff, labour markets, recession, OECD
Gulf Oil Review said that as OPEC members meet in Vienna next week they have good reason to feel satisfied. For the first time in history, the average price of the group's basket of oil has been above USD 100 a barrel for 8 consecutive ...
Tags: Gulf Oil Review, basket of oil, oil price, OPEC
Even though sales of some mobile devices are booming,overall confidence in the tech sector continues to erode as economic weakness puts downward pressure on the computer market. The Nasdaq Computer Index slumped Friday afternoon,hitting ...
Tags: Wall Street, Chips, mobile devices, IHS
MNA reported that Iran has been named the new chair of the Gas Exporting Countries Forum and will host GECF summit in autumn 2013. Leaders of the world's biggest gas suppliers ended their first summit in Doha, Qatar on November 13. During ...
Tags: GECF summit, Gas Exporting Countries Forum, gas, natural gasoil
Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday
The unabated volatility in gold price has forced India's middle-class consumers to try out a cheaper option and their obvious choice now is to opt for silver jewellery.After an initial poor performance,last monsoon season in India improved ...
Tags: gold, silver jewellery, silver, investment
BRASKEM announces its results for the third quarter of 2012. Braskem ended the third quarter of 2012 with EBITDA of R$930 million, which increased 10% from the previous quarter and remained virtually stable compared to the same period of ...
Tags: Braskem, naphtha, resins, petrochemical products, thermoplastic resins
Global demand for oilfield equipment is forecast to rise 3.8 percent per year through 2016 to $109 billion. Gains will be fueled by a substantial increase in oil and gas production as the world economy rebounds from the general economic ...
Sumitomo Chemical Co. Ltd. has announced variances between its consolidated financial forecast for the half-year ended September 30, 2012, previously announced on July 31, 2012, and the actual results for the same period announced. The ...
Tags: Sumitomo Chemical, financial forecast, shareholder, stable dividend
Center for Advanced Studies on Applied Economics (CEPEA) reports that in late September, concerns regarding the world economy and cotton demand to absorb the international surplus were again in the spotlight in the cotton market. In Brazil, ...
Tags: CEPEA, ESALQ Index, cotton, textile