Vedanta looks to restart Goa mines by October| Reuters
Jul 29, 2015 at 23:45 | Source:
MUMBAI Vedanta Ltd said on Wednesday it expected to restart iron ore mining by October in top exporting Goa province and that talks were continuing with regulators for merging with its cash-rich unit Cairn India (CAIL.NS).The mining and energy group,...
China slides again, Europe follows| Reuters
Jul 28, 2015 at 03:30 | Source:
LONDON European stocks and major commodity prices fell hard on Monday as concerns over China dominated financial markets in the wake of the biggest drop in Shanghai shares in eight years.The dollar was weak ahead of the week's main set piece - Wednes...
Global economy - Second half of 2015 begins on shaky note| Reuters
Jul 25, 2015 at 03:30 | Source:
LONDON/SYDNEY The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China's vast factory sector appeared to be contracting at the fastest pace in 15 months in July.Th...
Oil falls, heads for fourth weekly loss as China slows| Reuters
Jul 24, 2015 at 23:30 | Source:
NEW YORK Brent and U.S. crude fell on Friday as both contracts headed for their fourth straight weekly declines as weak economic data from China added pressure on oil prices.U.S. crude losses follow Thursday's fall into bear market territory, with it...
Stocks slide on Apple's forecast, dollar rebounds| Reuters
Jul 23, 2015 at 01:30 | Source:
NEW YORK Global equity markets fell on Wednesday, pulled lower by a weak revenue forecast at Apple Inc, the world's largest company, while a rebounding dollar after its biggest decline in a month weighed on gold and some stocks.Apple (AAPL.O) shares ...
Dollar, world stocks look set for biggest weekly gains in months| Reuters
Jul 18, 2015 at 01:30 | Source:
LONDON The dollar headed for its biggest weekly rise since May on Friday as economic data reinforced expectations of a U.S. interest rate hike this year. European shares steadied on the view that Greece will secure a bailout.The dollar hovered near a...
Slowing China, supply gluts limit upside for commodities in Q3| Reuters
Jul 14, 2015 at 01:45 | Source:
LONDON A slowdown in China, a strong dollar and high inventories will limit the upside for commodity price performance in coming months, although leading fund managers still see pockets of value in areas such as refined oil products.The bearish cockt...
It's showtime for Pluto; prepare to be amazed by NASA flyby
Jul 13, 2015 at 08:25 | Source:
Cape Canaveral: Pluto, reveal thyself, and Earthlings, enjoy the show.On Tuesday, NASA's New Horizons spacecraft will sweep past Pluto and present the previously unexplored world in all its icy glory.It promises to be the biggest planetary unveiling ...
China bounce ends five-day losing streak for stocks| Reuters
Jul 10, 2015 at 03:30 | Source:
LONDON World stocks snapped a five-day losing streak on Thursday, as Beijing halted a rout in Chinese stocks and the Federal Reserve signalled it might be too soon to raise U.S. interest rates.European bourses and bonds made early gains as strong exp...
Asia extends losses as China woes spread, yen shoots up| Reuters
Jul 09, 2015 at 06:30 | Source:
TOKYO Asian equities extended losses on Thursday as concerns over China's market turmoil spread,while the safe-haven yen shot to a seven-week high as global risk appetite ebbed.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS ...
Wall Street set to open lower on China, Greece worries| Reuters
Jul 09, 2015 at 01:45 | Source:
REUTERS - U.S. stocks were set to open lower on Wednesday as Chinese markets slid further and as investors continue to keep a wary eye on developments in the Greek debt crisis.Beijing unveiled yet another battery of measures to arrest the sell-off an...