News Wire

South Africa rhino poaching drops sharply but hundreds still being killed

21/09 Over 500 rhinos were poached for their horns in South Africa in the first eight months of 2018, a 26 percent fall from 691 in the same period last year, the Department of Environmental Affairs said on Friday.  Full story

Australia shares fall as probe hits financials; a2 Milk pushes NZ lower

04h20 Australian shares weakened on Monday as lower commodities prices weighed on materials stocks and banks and insurers slipped following findings by a high-profile probe into the financial sector.. . .  Full story

Australian mining's macho image worsens pain of labour shortage

03h58 When the song "Eagle Rock" played at a bar in an outback Australian mining town of Kalgoorlie late one night, a dozen young men scattered around a pool table dropped their trousers and heartily. . .  Full story

Oil prices rise as markets tighten ahead of Iran sanctions

03h55 Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington's plan to impose new sanctions against Iran, with U.S. bank J.P. Morgan warning of price spikes abvoe $90 per barrel. . .  Full story

Asian currencies drop, Indonesian rupiah leads losses

03h47 The following table shows rates for Asian currencies against the dollar at 0141 GMT on Monday. CURRENCIES VS U.S. DOLLAR Currency. . .  Full story

Yen gets fleeting bid as China cancels trade talks

03h37 The safe-haven Japanese yen briefly blipped higher on Monday as investors reacted to news China had cancelled trade talks with the United States just as the latest round of tariffs are set to take. . .  Full story

NZ central bank set to hold rates at record low, strike cautious tone

03h32 New Zealand's central bank is all but certain to hold rates steady and reinforce its dovish stance on policy on Thursday, remaining wary of stubbornly low inflation and the risks of an economic slowdown.. . .  Full story

A call to the boss: Indonesia contends with aggressive Chinese online lenders

03h30 Indonesian authorities have generally opened their arms to fintech companies offering online loans in Southeast Asia's biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to. . .  Full story

Asian shares wobble as China halts trade talks with US; oil rallies

03h27 Asia shares eased in holiday-thinned trading on Monday and the safe haven yen gained as China cancelled upcoming tariff talks with the United States, while oil prices jumped after top producers including Russia ruled out. . .  Full story

Gold inches down on firm dollar as China halts trade talks

03h12 Gold edged lower on Monday as the dollar held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week's U.S. Federal Reserve meeting for. . .  Full story

Soybeans slump nearly 1 pct as China cancels trade talks with U.S.

03h08 U.S. soybean futures fell nearly 1 percent on Monday on reports China had cancelled the upcoming tariff talks with the United States, stoking concerns of a prolonged trade spat.. . .  Full story

COLUMN-Trump sets implied oil price target below $80: Kemp

03h00 The United States has sent mixed messages to OPEC and its allies over the last week about whether they need to do more to raise oil production and hold down prices.. . .  Full story

U.S. private equity firm launches Coronado Coal IPO in Australia

02h57 U.S. private equity firm Energy and Minerals Group (EMG) on Monday kicked off its planned float of Coronado Coal Group in Australia, seeking to raise up to A$1.3 billion ($946.1 million) for 30 percent. . .  Full story

Key companies to attend White House quantum computing meeting

02h00 The White House will hold a meeting on Monday on U.S. government efforts to boost quantum information science, with administration officials, leading companies including Alphabet Inc, IBM Corp, JPMorgan Chase & Co and academic experts. . .  Full story

As China builds biotech sector, cash floods U.S. startups

02h00 For three whirlwind days in June, U.S. scientist Zhi Hong went shopping at the Boston Bio Conference to find drugs to fill the pipeline of his two-week-old drug company.. . .  Full story

Barrick Gold is in late-stage talks to buy Randgold Resources -source

01h31 Canada's Barrick Gold Corp is in late-stage talks to acquire Randgold Resources Ltd, which operates mines in Africa, a person familiar with the matter said on Sunday.. . .  Full story

Going long: Chinese steel mills chase iron ore contracts with Brazil's Vale

01h00 Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity, Brazilian mining. . .  Full story

Dell revisits IPO option amid tracking stock deal pushback -sources

00h59 Dell Technologies Inc is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public by buying back a special type of stock from investors, people familiar. . .  Full story

Australia shares set to edge lower on iron ore prices; NZ slips

00h10 Australian shares are expected to open lower on Monday, with mining stocks likely to be weighed down by the weakness in iron ore prices. Iron ore on the Dalian Commodity. . .  Full story

California urges Trump administration to abandon fuel rule plan

00h00 California's top air regulator urged the Trump administration on Sunday to abandon a plan to freeze fuel efficiency standards through 2026, as automakers urged state and federal regulators to reach agreement to extend nationwide rules.. . .  Full story

Canada PM says informal NAFTA talks likely in next few days at U.N.

23/09 U.S. and Canadian officials trying to reach a deal on NAFTA are "very likely" to hold informal talks on the sidelines of a major U.N. meeting in the next few days, Canadian Prime Minister. . .  Full story

Dell to interview banks for IPO instead of acquisition -WSJ

23/09 Dell Technologies Inc plans to interview banks this week to potentially go public through an initial public offering rather than doing so through a proposed acquisition that has drawn resistance from some investors, the Wall. . .  Full story

European Banking Authority is asked to investigate oversight of Danske Bank

23/09 The European Commisssion has asked the European Banking Authority (EBA) to investigate what went wrong in the oversight of Danske Bank's Estonian branch, which is at the centre of a major money laundering scandal, it. . .  Full story

Iran's Revolutionary Guards threaten to avenge military parade attack

23/09 Iran's elite Revolutionary Guards vowed on Sunday to exact "deadly and unforgettable" vengeance for an attack on a military parade that killed 25 people, including 12 of their comrades, and Tehran accused Gulf Arab states. . .  Full story

Wall St Week Ahead-Volume spikes on sector reshuffle, quadruple witching

23/09 An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days. . .  Full story

OPEC, Russia rebuff Trump's call for immediate boost to oil output

23/09 OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool. . .  Full story

Third of EU financial secrecy comes from inside its borders - report

23/09 People or firms in the European Union that wish to keep their financial affairs secret more often find the services they require inside the EU than in one of the tax havens blacklisted by. . .  Full story

Siemens CEO pushes plans to boost Iraqi power infrastructure

23/09 Siemens said its boss Joe Kaeser met Iraq's prime minister on Sunday to discuss a proposal by the German company to expand the Middle East nation's power production.. . .  Full story

Iran appears to soften stance on OPEC oil output increase

23/09 Iran appeared on Sunday to soften its stance on potential increases in OPEC oil output, saying it was the group's responsibility to balance the market if production from Iran or any other member declined.. . .  Full story

OPEC raises U.S. oil supply outlook, sees lower demand for own crude

23/09 A steady rise in U.S. oil output will gather pace in the next five years, OPEC said on Sunday, predicting that demand for the producer group's crude will decline despite a growing appetite for. . .  Full story

Kuwait down ahead of FTSE entry, other Middle East markets mixed

23/09 Kuwait's stock market fell on Sunday, pausing after recent gains ahead of joining of the FTSE Russell emerging market index this week, which is expected to draw investment from passive funds.. . .  Full story

South Korea has bought no Iranian crude oil for about 3 months -SHANA

23/09 South Korea has bought no Iranian crude oil for about three months after the reimposition of U.S. sanctions on Tehran, a spokesman for the Iranian oil ministry was quoted as saying on Sunday by. . .  Full story

OPEC, allies end meeting with no pledge to boost supply

23/09 OPEC and allied oil producers including Russia ended their meeting on Sunday with no formal recommendation for any additional supply boost.. . .  Full story

Orascom's Koryolink JV granted right to operate in North Korea

23/09 Egypt's Orascom Investment Holdings said it has been granted an exemption from the United Nations to operate its Koryolink venture in North Korea, sending shares up to the daily trading limit.. . .  Full story

Volkswagen's Porsche to stop offering diesel models

23/09 Volkswagen's Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead.. . .  Full story

India's Modi launches health insurance for 100 mln families ahead of elections

23/09 Indian Prime Minister Narendra Modi launched the world's biggest healthcare programme on Sunday, aiming to provide free health services to half a billion poor people, which could boost his chances in national elections early next. . .  Full story

UK Labour's Corbyn says prefers election to second Brexit referendum

23/09 Britain's opposition Labour Party leader Jeremy Corbyn said on Sunday he would prefer a national election to a second referendum on Brexit.. . .  Full story

Nepal restores $2.5 bln hydropower plant contract to Chinese firm

23/09 Nepal’s new government has reversed its predecessor's decision and has asked China Gezhouba Group Corporation to build the nation’s biggest hydropower plant, an official said on Sunday, as it seeks to woo Chinese investment in. . .  Full story

UK's Labour wants election if PM May can't get backing for Brexit deal

23/09 Britain's opposition Labour Party wants a national election if Prime Minister Theresa May cannot win the support of parliament for her Brexit deal, its business spokeswoman said on Sunday.. . .  Full story

Iran oil minister says hopes OPEC will not follow U.S. orders - SHANA

23/09 Iranian Oil Minister Bijan Zanganeh said on Sunday he hoped decisions taken by the OPEC and non-OPEC ministerial committee would not be affected by U.S. President Donald Trump's tweets on oil producers.. . .  Full story

Saudi energy minister: I do not influence oil prices

23/09 Saudi Arabian Energy Minister Khalid al-Falih said on Sunday he does not influence oil prices, just two days after U.S. President Donald Trump called on OPEC to bring down the cost of fuel.. . .  Full story

-Comcast outbids Fox with $40 billion winning offer for Sky

23/09 Comcast beat Rupert Murdoch's Twenty-First Century Fox in the battle for Sky on Saturday after offering 30.6 billion pounds ($40 billion) in a dramatic auction to decide the fate of the pay-television group.. . .  Full story

Shell's operations in Nigeria

23/09 Royal Dutch Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country. But over the decades it has come under fire over spills in the Delta region. . .  Full story

In Nigeria, Shell’s onshore roots still run deep

23/09 Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's. . .  Full story

China navy ship makes maiden visit to Venezuela after Maduro visit

23/09 A Chinese naval ship has travelled to Venezuela for the first time, following a visit by President Nicolas Maduro to Beijing this month, where he had been looking to gain China's support for the. . .  Full story

Asian firms shuffle production around the region as China tariffs hit

23/09 A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S.. . .  Full story

China's August grain imports slide on Sino-U.S. trade war

23/09 China's grain imports fell sharply in August, customs data showed on Sunday, a month after Beijing imposed hefty tariffs on shipments from the United States, one of its top suppliers.. . .  Full story

China Jan-Aug total trade with North Korea falls 57.8 pct - customs

23/09 The value of China's trade with North Korea in the January-to-August period tumbled 57.8 percent from a year earlier to $1.51 billion, Chinese customs data showed on Sunday.. . .  Full story

China cancels military talks with U.S. in protest at sanctions over Russia military equipment

23/09 China summoned the U.S. ambassador in Beijing and postponed joint military talks in protest against a U.S. decision to sanction a Chinese military agency and its director for buying Russian fighter jets and a surface-to-air. . .  Full story

AstraZeneca ceo warns of medicine shortages after Brexit - Sunday Times

23/09 Britain could see widespread medicine shortages if there is no deal to prevent friction at the border with the European Union after Brexit, the AstraZeneca chief executive told the Sunday Times.. . .  Full story

May vows to hold nerve after Brexit talks hit impasse

23/09 Prime Minister Theresa May said Britain would not flinch in an impasse with the European Union about its departure from the bloc, as French and German ministers suggested the next move in the negotiations should. . .  Full story

UK PM May's team draw up contingency plans for November election

22/09 British Prime Minister Theresa May's aides have begun contingency planning for a snap election in November to save both Brexit and her job, the Sunday Times reported.. . .  Full story

Comcast outbids Fox with $40 billion offer for Sky in auction

22/09 Comcast beat Rupert Murdoch's Twenty-First Century Fox in the battle for Sky on Saturday after offering 30.6 billion pounds ($40 billion) in a dramatic auction to decide the fate of the pay-television group.. . .  Full story

PM May says Britain will hold nerve in Brexit talks - Sunday Express

22/09 Prime Minister Theresa May has vowed that Britain will "hold its nerve" in Brexit talks with the European Union, the Sunday Express reported.. . .  Full story

Italy PM spokesman threatens vendetta unless Treasury finds welfare funds

22/09 Italy's prime ministerial spokesman has warned that the anti-establishment 5-Star Movement in the coalition government will sack Treasury officials in a "mega-vendetta" unless they find the resources needed for welfare spending.. . .  Full story

Britain tells EU to engage seriously on Brexit, EU demurs

22/09 Britain said on Saturday it would not "capitulate" to EU demands in Brexit talks and again urged its partners to engage with its proposals, as French and German ministers suggested the next move in. . .  Full story

German agency pours doubt on incentives to trade old diesels

22/09 The German Environment Agency (UBA) said on Saturday it was doubtful about the environmental benefits of introducing incentives for drivers of older diesel vehicles to trade them in for newer models.. . .  Full story

-China summons US ambassador to protest sanctions over Russia military equipment

22/09 China's foreign ministry on Saturday summoned the U.S. ambassador in Beijing to protest Washington's decision to sanction a Chinese military agency and its director for purchasing Russian fighter jets and an advanced surface-to-air missile system.. . .  Full story

OPEC and allies struggle to pump more oil as Iran supply falls

22/09 OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the. . .  Full story

Libya's AGOCO resumes 3,000 bpd production at abandoned well in Messla

22/09 Libya’s National Oil Corporation (NOC) said on Saturday its subsidiary the Arabian Gulf Oil Company (AGOCO) had restored production at 3,000 barrels of oil per day (bpd) at an abandoned well in the. . .  Full story

India's IL&FS unit chief resigns amid default crisis at group

22/09 IL&FS Investment Managers, a unit of India's Infrastructure Leasing & Financial Services (IL&FS) which announced debt defaults this week, said on Saturday its Managing Director Ramesh Bawa had resigned.. . .  Full story

Italy's cabinet undersecretary says meeting all electoral pledges is tough

22/09 Italy's cabinet undersecretary said on Saturday it was difficult for the government to meet all its electoral pledges at the moment and more time was needed to do so.. . .  Full story

Nigeria oil unions threaten nationwide strike over Chevron dispute

22/09 Nigeria's two main oil unions have prepared their members for possible nationwide industrial action over a staffing dispute with Chevron, they said on Saturday.. . .  Full story

No-deal Brexit would have limited impact on German labour market -Der Spiegel

22/09 Chancellor Angela Merkel's government expects the impact of a no-deal Brexit on the labour market in Europe's biggest economy would be "relatively small", the German newsmagazine Der Spiegel said on Saturday.. . .  Full story

Egypt's GASC says it is seeking soyoil, sunflower oil in tender

22/09 Egypt's state buyer, the General Authority for Supply Commodities (GASC), said on Saturday it was seeking cargoes of soyoil and sunflower oil in an international purchasing tender.. . .  Full story

UK foreign minister Hunt urges EU: get serious in Brexit talks

22/09 British foreign minister Jeremy Hunt said on Saturday that the European Union should end its blanket refusals of British proposals in Brexit talks, as any belief that Britain would capitulate was misplaced.. . .  Full story


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Iran will defeat Trump just like it did Saddam, won't abandon missiles -Rouhani

22/09 U.S. President Donald Trump will fail in his confrontation with Iran, just like Iraq's Saddam Hussein, Iranian President Hassan Rouhani said on Saturday, referring to the war between the two Middle Eastern powers and vowing. . .  Full story

White House optimistic on China trade; no date for more talks

22/09 The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the. . .  Full story

China cancels trade talks with US as tariff threats escalate - WSJ

22/09 China has cancelled upcoming trade talks with the United States and will not send vice-premier Liu He to Washington next week, the Wall Street Journal reported, citing sources.. . .  Full story

China drafts new nuclear energy law, focus on international market

22/09 China will provide more support for its nuclear firms to go overseas and strengthen their position on the international market, according to new draft legislation submitted to the industry for consultation on Friday.. . .  Full story

U.S. taps Adam Lerrick as acting executive director at IMF - FT

22/09 U.S. Treasury official Adam Lerrick has been tapped by the Trump administration to serve as the country's acting executive director at the International Monetary Fund, the Financial Times reported on Friday, citing a source.. . .  Full story

Mexico will seek deal with Canada if NAFTA talks fail -Lopez Obrador

22/09 Mexico's incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free Trade Agreement falter, Mexican president-elect Andres Manuel Lopez Obrador said on Friday.. . .  Full story

U.S. companies react on impact of Trump trade tariffs

21/09 China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of U.S. products to its tariff list, retaliating to U.S. President Donald Trump's planned levies on. . .  Full story

U.S. sets Nov. 12 deadline for investors to divest holdings of Rusal, EN+

21/09 The U.S. Treasury said on Friday it had extended until Nov. 12 a deadline for investors to divest holdings of debt, equity and other assets in sanctioned Russian companies EN+ and Rusal. A deadline of. . .  Full story

Speculators boost bearish stance in coffee to record high -CFTC

21/09 Speculators increased their bearish stance in arabica coffee contracts to a record high but slashed their bearish position in raw sugar on ICE Futures U.S. in the week to Sept. 18, U.S. government data. . .  Full story

Dow hits new closing high ahead of index reshuffle

21/09 Industrials led the Dow to a new closing high on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries.. . .  Full story

Receding trade fears propel stocks to six-month peak

21/09 The U.S. dollar rebounded and world shares hit a six-month high on Friday after China's moves to boost domestic consumption bolstered a rally driven by investor bets that the latest U.S.-China trade dispute was unlikely. . .  Full story

Speculators raise net long U.S. dollar bets in latest week-CFTC, Reuters

21/09 Speculators' net long bets on the U.S. dollar rose after declining for three straight weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value. . .  Full story

Brazil markets up on election poll; Argentine peso jumps

21/09 Brazilian markets rose on Friday after an opinion poll suggested far-right lawmaker Jair Bolsonaro would do well against his main rival in a likely second-round vote in this year's presidential election.. . .  Full story

PayPal ends business dealings with Alex Jones's Infowars

21/09 Payments processor PayPal Holdings Inc said on Friday it decided to end its business relationship with popular U.S. conspiracy theorist Alex Jones's Infowars website after finding instances of hate speech and discriminatory content on the. . .  Full story

Dreyfus Brazil sugar unit sells mill to pay debt, boosts ethanol stock

21/09 Biosev, the Brazilian sugar firm controlled by commodities trader Louis Dreyfus, sold a mill to pay down debt and is taking measures to boost ethanol stocks, the company's chief financial officer said on Friday.. . .  Full story

Argentina bets on $600 mln satellite to boost agriculture sector

21/09 Argentina is launching a new microwave imaging satellite to monitor natural disasters and soil moisture, in a long-term bid to bolster the farm sector, an industry that has historically been the backbone of the country's. . .  Full story

Corn futures higher on export demand, short-covering

21/09 U.S. corn futures climbed more than 1 percent on Friday to their highest in more than a week, buoyed by end-user demand and fund short-covering, analysts said. Wheat and soybean futures. . .  Full story

Oil prices end week up in volatile trade ahead of OPEC meeting

21/09 Oil prices were up slightly in heavy, seesaw trading on Friday, giving back most earlier gains after news that major producers would consider additional supply a day after U.S. President Donald Trump again blasted. . .  Full story

C$ gains for 2nd week as inflation data boosts rate-hike bets

21/09 The Canadian dollar edged lower against its U.S. counterpart on Friday, but was on track to gain for the second straight week as data showing a pickup in underlying inflation boosted bets for a. . .  Full story

U.S. yields dip, tracking Europe, as Brexit talks stumble

21/09 U.S. long-dated Treasury yields slipped on Friday, in tandem with those in Europe, as negotiations over Britain's exit from the European Union appeared to stall. U.S. 2-year yields, however, remained. . .  Full story

Argentine peso rises on optimism over IMF deal, challenges remain

21/09 Argentina's peso strengthened for the third straight day on Friday, driven by optimism that the government would sign a revised financing deal with the International Monetary Fund to include stricter fiscal measures and faster cash. . .  Full story

Nasdaq says Nordic trader whose deals went sour agrees to sell personal assets

21/09 Nasdaq's Nordic commodities exchange has reached agreement on the sale of assets belonging to a private trader who defaulted on his commitments last week, it said on Friday.. . .  Full story

Blackstone looks to manage $1 trillion by 2026

21/09 Blackstone Group LP, the world's largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026.. . .  Full story

Putnam stares down hedge funds on big shopping mall bet

21/09 Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy.. . .  Full story

Pound plunges after no-deal Brexit fears rise, boosting dollar

21/09 Sterling plunged on Friday, driving the U.S. dollar up, after fears rose that Britain would leave the European Union without a trade deal. British Prime Minister Theresa May said. . .  Full story

Farfetch tops price range in IPO in boon to luxury market

21/09 Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have. . .  Full story

New York cocoa dips to one-month low; sugar ends week down

21/09 New York cocoa futures on ICE skidded on Friday to their lowest in a month ahead of the start of the next crop year, while raw sugar ended the week down for the first. . .  Full story

GE identifies blade problem in one more class of turbines

21/09 General Electric Co said on Friday it had identified "oxidation issue" in 9FB turbines, in addition to its HA class turbines, some of which were shut down due to the same problem.. . .  Full story

Gold falls over 1 pct as dollar firms

21/09 Gold prices fell more than 1 percent on Friday as the dollar firmed against the British sterling and the euro after British Prime Minister Theresa May said the European Union must supply an alternative Brexit. . .  Full story

OPEC and allies consider oil output boost as Iranian supply falls -source

21/09 OPEC and other oil producers are discussing the possibility of raising output by 500,000 barrels per day (bpd) to counter falling supply from Iran because of U.S. sanctions, a source familiar with the discussions told. . .  Full story

After Albayrak's economy programme, investor concern turns to Turkey's banks

21/09 Investors had hoped Turkey would announce a sweeping plan to help its banks when Finance Minister Berat Albayrak rolled out a new economic programme this week. What they got fell far short of that.. . .  Full story

May challenges EU as Brexit talks hit "impasse", sterling tumbles

21/09 British Prime Minister Theresa May said on Friday that Brexit talks with the European Union had hit an impasse, defiantly challenging the bloc to come up with its own plans a day after EU. . .  Full story

U.S. oil drillers cut rigs for second week in three -Baker Hughes

21/09 U.S. energy companies cut oil rigs for a second week in three as new drilling has stalled in the nation's largest oil field, where production was forecast to grow at the slowest pace in. . .  Full story

Comcast and Fox take $34 billion battle for Britain's Sky to the wire

21/09 Comcast and Twenty-First Century Fox face a quick-fire auction for British broadcaster Sky on Saturday after neither side backed down in a drawn-out $34 billion battle.. . .  Full story

Bulgaria's Inercom divests solar power assets to save CEZ deal

21/09 Bulgarian energy producer Inercom said it has divested its solar energy business to clear regulatory objections to its takeover of the Bulgarian assets of Czech utility CEZ.. . .  Full story

Copper surges in biggest one-day gain since 2013

21/09 Copper notched its biggest one-day advance since May 2013 as investors calculated that a trade dispute between the United States and China could damage economic growth less than feared.. . .  Full story

European stock index scores best winning streak in two decades

21/09 Easing fears of a trade war further lifted European shares on Friday, with trade-sensitive sectors like miners and autos leading the advance.. . .  Full story