LATEST NEWS FROM sectors-and-industries - basic-materials
BASIC MATERIALS
FTSE steadies after US tariff decision; tobacco stocks weigh
The UK's top share index steadied in morning trade on Tuesday, weighed down by losses among tobacco stocks, although investors took in their stride Washington's decision to go a...
BASIC MATERIALS
Linde-Praxair merger hits antitrust hurdle; talks continue
Linde (LIN1.DE) warned that divestments needed to secure approval for its planned tie-up with Praxair (PX.N) h...
BASIC MATERIALS
COLUMN-BHP, Rio deals show lack of options beyond shareholder returns: Russell
Two recent deals by the world's two biggest mining companies both looked positive for shareholders, but also underscore the challenges facing major commodity producers. B...
BASIC MATERIALS
South Africa's treasury completes probe of alleged corruption involving state firms Eskom, Transnet
South Africa's National Treasury has concluded its investigation of alleged corruption at state power utility Eskom and state logistics firm Transnet and will give the relevant...
BASIC MATERIALS
Wheaton in streaming deal with gold miner Sibanye
Wheaton Precious Metals Corp (WPM.TO), the world's largest silver streaming company, said on Monday it would buy all of the gold assets from Si...
BASIC MATERIALS
COLUMN-What's behind the metals price rout, and is it over now? Andy Home
Doctor Copper has been having a rough time over the last few weeks. In London the price of copper for three-month delivery fell through the $6,000 per tonne level last we...
BASIC MATERIALS
Chinese aluminum foil maker sues U.S. over anti-dumping duties
Chinese aluminum foil producer Shantou Wanshun Package Material Stock Co on Monday said its subsidiary is suing the United States over twin anti-dumping and anti-subsidy duties ...
ENERGY
South Africa's Eskom considering asset sales, staff cuts after big loss
South Africa's struggling state-run power firm Eskom said on Monday it was considering cutting staff and selling assets after reporting a $171 million loss which underlined the ...
BASIC MATERIALS
China H1 total trade with North Korea slumps 56 pct y/y in dollar terms - customs
The value of China's trade with North Korea in the first half of 2018 tumbled 56.1 percent from a year earlier to $1.1 billion, customs data showed on Monday. In the same...
BASIC MATERIALS