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Brazil delays mining bill, says to reach Congress in June
Reuters* Mining sector says languishing as new rules awaited * Quarter of expected Brazil mining investment on hold * Congress could shelve vote on bill By Leonardo Goy BRASILIA, May 23 (Reuters) - Brazil's government plans to submit its mining reform bill...Tags: Dilma Rousseff, Government, Brazil, Mining, U.S. Congress
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Icahn seeks up to $7 billion for Dell bid
ReutersNEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal...Tags: Shareholders, Gold and Precious Material, Bank of America Corp., Silver Lake (Staten Island, New York), Economy, Business and Finance
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Australia coal firms dig in for years of mine closures, job cuts
Reuters* Coal producers face too much supply through 2020 * Will be forced to make deeper cuts, shed more mines * Big firms best placed to weather downturn * Junior miners struggle to get funding By Rebekah Kebede PERTH, May 24 (Reuters) - Australian coal...Tags: BHP Billiton Plc., Coal, Unemployment, Whitehaven, Layoffs and Downsizing
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COMMODITIES-Oil cuts loss, shadowing Wall St rebound; copper down
Reuters* Oil erases bulk of early loss, rebounding with US stocks * Gold up after Fed official says no hurry to ditch stimulus * Copper slumps on weak China manufacturing activity data * Soybeans hits 8-month high; coffee, raw sugar up too By Barani Krishnan...Tags: Indonesia, Gold and Precious Material, Non Ferrous Metal, Central Bank, HSBC Holdings plc
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Nikkei set to rebound from Thursday's 7.3 pct plunge
ReutersTOKYO, May 24 (Reuters) - Japan's Nikkei share average is expected to rebound on Friday after a 7.3-percent dive in the previous session, its biggest one-day percentage drop in two years after weak Chinese factory data rattled investors. Despite Thursday'...Tags: Tokyo (Japan), Nippon Steel Corporation, Mining, China, Japan
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Hong Kong shares may start steady after weak Chinese manufacturing data
ReutersHONG KONG, May 24 (Reuters) - Hong Kong shares may start steady on Friday after the release of weak Chinese manufacturing data and signs from the Federal Reserve that it is considering reducing monetary stimulus. On Thursday, the Hang Seng Index closed...Tags: Hong Kong, Gold and Precious Material, Lenovo Group, Ltd., HSBC Holdings plc, China
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Nate's Mineshaft seeks to re-establish credentials
Nate's Mineshaft has impeccable lineage on his sire's side of the family — starting with Mineshaft after AP Indy and Seattle Slew. Mineshaft was America's Horse of the Year in 2003; AP Indy was Horse of the Year in 1992; and Triple Crown winner...
Tags: Triple Crown, Churchill Downs, Arlington Park, Mining, Horse and Harness Racing
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Quebec's separatist government highly unpopular -poll
Reuters* Separatists would lose power in election now, poll says * Quebec government had to dilute plans for new mining tax May 23 (Reuters) - Quebec's separatist government is highly unpopular in the wake of several missteps since taking power last...Tags: Elections, Government, Mining, Politics, National Government
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EUROPE RESEARCH ROUNDUP: ARM Holdings, Anglo American, Statoil, Bayer
ReutersMay 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Bayer and Thomas Cook Group, on Thursday. HIGHLIGHTS * ARM Holdings PLC : Exane BNP Paribas cuts to neutral from...Tags: BHP Billiton Plc., Deutsche Bank AG, Merck & Company Incorporated, BNP Paribas, HSBC Holdings plc
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Islamists kill 20 in suicide attacks in Niger
ReutersNIAMEY (Reuters) - Islamist suicide bombers struck an army barracks and a French-run uranium mine in Niger on Thursday, officials said, killing 20 people and wounding dozens more in attacks that showed militant violence spreading across West Africa....Tags: Rebellions, Military Equipment, Mali, Religious Conflicts, Armed Conflicts
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Worries over end to monetary stimulus hit Europe shares
Reuters* FTSEurofirst 300 and Euro STOXX 50 both fall 2.1 pct * FTSEurofirst has worst one-day fall since late July 2012 * Some traders bet that market pullback could last 2 months * Majority remain bullish over longer-term By Sudip Kar-Gupta LONDON, May 23...Tags: Germany, Economy, Business and Finance, Market and Exchange, DAX, Central Bank
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COMMODITIES-Metals, oil swoon on China PMI, Fed fears
Reuters* Copper falls as much as 3 pct, oil down for third day * China PMI shrinks for first time in 7 months-HSBC * Bernanke comments suggest U.S. stimulus may be cut soon By Manolo Serapio Jr SINGAPORE, May 23 (Reuters) - Copper fell 3 percent and oil...Tags: Casino and Gambling Industry, HSBC Holdings plc, Nikkei, China, Japan
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