September 4, 2015 7:14 am
Gold was little changed in early European trading hours on Friday, headed for a second weekly decline, as investors awaited crucial US employment data and after the dollar firmed on Thursday as the ECB signaled it will expand stimulus. Gold futures for delivery in December traded 0.03% higher at $1 124.8 per troy ounce at […]
Read moreSeptember 3, 2015 10:01 am
Ratings agency Standard and Poors cut its outlook for Glencore Plc to negative from stable after the London-listed company reported a hefty drop in first-half profit and lowered its projections for commodity prices. The negative revision adds to pressure on the miner and commodity trader, whose shares have tumbled by about 65% over the past […]
Read moreSeptember 3, 2015 8:51 am
Natural gas was slightly lower in early European trading on Thursday ahead of government statistics that are likely to show a much larger than average inventory gain last week. Weather forecasts saw no significant overnight changes, keeping an overall bearish tone. Natural gas for delivery in October traded 0.04% lower at $2.647 per million British […]
Read moreSeptember 3, 2015 7:22 am
Gold fell in early European trading on Thursday, extending overnight losses, as private employment data on Wednesday showed a solid jobs gain in August ahead of Fridays government statistics, backing a near-term interest rate increase. Gold futures for delivery in December traded 0.11% lower at $1 132.4 per troy ounce at 06:57 GMT, holding in […]
Read moreSeptember 2, 2015 10:10 am
British retailer Tesco Plc has selected Asian private-equity firm MBK Partners LP as the preferred bidder for its business in South Korea, according to people with knowledge of the matter. Seoul-based MBK won exclusive negotiating rights with an offer of about $6 billion, the people said. The bid of the MBK consortium, which includes the […]
Read moreSeptember 2, 2015 8:41 am
Natural gas fell in early European trading on Wednesday as a nationwide warm-up this week is expected to be followed by the advance of cooler Canadian weather systems that would curb cooling demand. Natural gas for delivery in October traded 1.18% lower at $2.670 per million British thermal units at 08:18 GMT, shifting in a […]
Read moreSeptember 2, 2015 7:24 am
Gold swung between small gains and losses on Wednesday, failing to track higher even as Asian shares slid following overnight Wall Street losses, as the US dollar firmed ahead of this weeks key employment data that might prompt the Fed to raise interest rates at its next meeting. Comex gold for delivery in December traded […]
Read moreSeptember 1, 2015 10:09 am
British maker of cast-iron cookers Aga Rangemaster announced on Tuesday it has received a takeover approach from a second US company, potentially placing it in the midst of a bidding war. Aga, whose large cookers are favored by the English middle class and are synonymous with a British country lifestyle, said it has received an […]
Read moreSeptember 1, 2015 8:36 am
Natural gas was little changed in early European trading on Tuesday as market players weighed very warm weather across almost the entire US this week against an expected cooling to follow. Natural gas for delivery in October traded 0.26% lower at $2.682 per million British thermal units at 08:04 GMT, shifting in a daily range […]
Read moreSeptember 1, 2015 7:18 am
Gold rose on Tuesday, extending its biggest monthly advance since January, as fresh downbeat data from China rekindled fears of deteriorating conditions in the worlds second-biggest economy, boosting demand for safe haven assets. Comex gold for delivery in December traded 0.89% higher at $1 142.6 per share at 06:50 GMT, shifting in a daily range […]
Read more