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10 warnings: Big Oil stocks crash 50% by 2020

Apr 24, 2014 at 16:47 | Source: Market Watch

SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, we see 10 early warnings that Big Oil stocks are going to trigger an economic collapse by 2020, maybe 50% as gas prices go through your SUV’s sunroof. Reuters Enlarge Image A view of the Exxon Mobil r...

At least 63 killed as speeding Congo train derails - government official

Apr 24, 2014 at 01:15 | Source: FirstPost

KINSHASA (Reuters) - At least 63 people were killed and 80 were seriously injured in Democratic Republic of Congo's Katanga province when a train speeding too fast round a bend derailed, a provincial minister said on Wednesday.Fifty others were trapp...

Will China drop gold next?

Apr 23, 2014 at 09:07 | Source: Market Watch

HONG KONG (MarketWatch) — Investors have done well in the past with a simple strategy of buying what China was buying. So earlier this year, things were looking up for gold when it was revealed that China had swept past India to become the world...

Drug stocks drive European markets higher

Apr 22, 2014 at 19:52 | Source: Market Watch

LONDON (MarketWatch) — Drug makers took center stage in European trading Tuesday, with shares of AstraZeneca PLC climbing on news of a potential takeover bid, and GlaxoSmithKline PLC is rising as it sells one of its units in a multibillion-dollar ...

Lack of upside catalysts weigh on gold

Apr 22, 2014 at 13:17 | Source: Market Watch

LOS ANGELES (MarketWatch) — There just isn’t much in the way of catalysts driving investors into gold at this point. That could change with a bigger flare up in Ukraine, but for now, the steady move lower continued Tuesday, pushing the key $1,30...

Over 4.5 lakhs child labours engaged in various e-waste activities in India: ASSOCHAM study; India�s capital produces 67,000 MT of electronic waste a year

Apr 21, 2014 at 22:17 | Source: Assocham

In India, about 4.5 lakhs child labours between the age group of 10-14 are observed to be engaged in various e-waste (electronic waste) activities, without adequate protection and safeguards in various yards and recycling workshops, according to the...

Tech trouble: Stocks fall as investors want profits

Apr 21, 2014 at 20:32 | Source: Market Watch

Tech stocks were the life of the party last year. Old favorites like Microsoft (NASDAQ:MSFT) , Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG) outperformed the S&P 500’s 30% gain. At the same time, troubled players Yahoo (NASDAQ:YHOO) and Hewlett-Pa...

Newmont Mining, Barrick Gold merger talks break down

Apr 19, 2014 at 03:02 | Source: Market Watch

Barrick Gold Corp. (TOR:CA:ABX) (NYSE:ABX)  and Newmont Mining Corp. (NYSE:NEM)  were in advanced talks this week over a deal that would have combined the world’s two largest gold producers, according to people familiar with the matter. The talk...

ETFs hold clues for gold, copper, coffee outlooks

Apr 18, 2014 at 19:12 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — The commodity sector has rallied this year, but a close look at the performance among individual exchange-traded funds show that interest in coffee may have topped, hope for a rebound in copper remains elusive and gol...

Peru weighs trade pact

Apr 18, 2014 at 03:17 | Source: Calcutta Telegraph News

Calcutta, April 17: Peru is looking to sign a free trade agreement (FTA) with India that will almost triple the volume of trade between the countries annually. Both the countries will form a joint study group in June-July after the new government ta...

Gold wavers, copper edges up after China data

Apr 16, 2014 at 20:37 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Gold futures struggled to hold above $1,300 an ounce on Wednesday, even as copper prices climbed following data showing China’s economy slowed somewhat less than feared in the first quarter. Gold for June delivery (...

Gold drops nearly 2%; silver, copper take hits

Apr 15, 2014 at 22:07 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Gold futures dropped nearly 2% on Tuesday, with analysts attributing the decline to profit-taking on the back of overall strength in the dollar after the prior session’s close at a three-week high for the metal. Sil...

Wall Street dips as data, sinking momentum shares offset earnings

Apr 15, 2014 at 21:27 | Source: Economic Times

NEW YORK: US stocks dipped on Tuesday, as gains in Coca Cola and Johnson & Johnson after their quarterly earnings were offset by mixed economic data and a resumed slide in momentum shares. Coca-Cola Co advanced 3.2 percent to $39.98 as the biggest bo...

Why do we value gold?

Apr 15, 2014 at 12:52 | Source: BBC

Mankind's attitude to gold is bizarre. Chemically, it is uninteresting - it barely reacts with any other element. Yet, of all the 118 elements in the periodic table, gold is the one we humans have always tended to choose to use as currency. Why?...

Stock futures rise on Citigroup, retail sales

Apr 15, 2014 at 09:12 | Source: Market Watch

NEW YORK (MarketWatch) — Stock index futures turned higher and extended gains Friday after a well-received earnings report from Citigroup and a stronger-than-expected rise in March retail sales that reinforced ideas that soft economic data earlier...

China group buys $6bn Glencore Peru copper mine

Apr 15, 2014 at 04:57 | Source: BBC

A Chinese consortium is buying Glencore Xstrata's copper mine in Peru in a $6bn (£3.6bn) all-cash deal, marking one of China's largest mining acquisitions. The consortium is led by MMG Limited and includes China's Citic Metal. The acq...

China firm buys Peru mine of Glencore

Apr 15, 2014 at 04:57 | Source: Calcutta Telegraph News

April 14 (Reuters): A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6 billion, the high end of analysts’ forecasts in China’s biggest acquisition of a mine, showing the strength of its long-term ...

Anxious China emerges as diplomatic player in Afghanistan

Apr 15, 2014 at 04:45 | Source: FirstPost

KABUL/BEIJING (Reuters) - China is quietly preparing for a more robust role in the future of Afghanistan, concerned that the withdrawal of NATO troops will leave a hotbed of militancy on its doorstep.The two countries are connected by a narrow mounta...

Ukraine tensions land fresh blow on struggling stocks

Apr 14, 2014 at 15:11 | Source: Economic Times

LONDON: Bruised share markets took a further battering on Monday on growing fears of military conflict in Ukraine. Towns in eastern Ukraine were readying for military action from government forces after Kiev gave pro-Russian separatists a 9 a.m. (060...

European shares fall as Ukraine tensions flare

Apr 14, 2014 at 14:01 | Source: Economic Times

PARIS: European stocks extended last week's retreat on Monday after late losses on Wall Street and as tensions in Ukraine flared again. By 0705 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 per cent at 1,308.17 points, having fa...

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