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  • U.S. wholesale inventories rise more than expected Friday, 10 Jul 2015 | 10:02 AM ET

    WASHINGTON, July 10- U.S. wholesale inventories rose at their fastest pace in six months in May, reinforcing the view that economic growth should rebound in the second quarter after a weak first three months of the year. The Commerce Department said on Friday wholesale inventories increased 0.8 percent from a month earlier, more than the 0.3 percent gain...

  • *Euro zone ministers to meet on Saturday to decide on Greece. July 10- Wall Street was set to open sharply higher on Friday on hopes that Greece might be able secure fresh funding and after China's premier said the country's economic growth was stabilizing. Greece has asked for $59 billion to help cover debts until 2018 and has pledged new tax hikes in return.

  • *China bonded copper premiums climb $5 to $70. MELBOURNE, July 10- London copper slipped on Friday in volatile trade and was set for a weekly fall, as concerns persisted over the global economy even as hopes grew that Greece would strike a deal with creditors and as China's stock markets recovered. "The issues around Greece certainly have weighed on sentiment and if...

  • METALS-London copper volatile amid Greece, China relief Thursday, 9 Jul 2015 | 11:34 PM ET

    *China bonded copper premiums climb $5 to $70. MELBOURNE, July 10- London copper was flat on Friday, but trade remained volatile and prices were still set for a weekly fall, amid hopes that Greece can cement a deal with creditors and as China's stock markets soared after the week's tumultuous rout. Reflecting some bargain hunting due to copper's price plunge this...

  • SYDNEY, July 10- U.S. soybeans inched down on Friday, poised for their first weekly loss in a month, as traders sold off holdings ahead of a U.S. government report which is expected to forecast lower production and stocks. *Egypt, the world's top wheat importer, made purchases from Russia and Ukraine on Wednesday, bypassing U.S. offerings that were priced about $50 a...

  • MELBOURNE, July 10- London copper was little changed on Friday, as hopes grew that Greece could reach a deal with creditors and as China's stockmarkets stabilised after the week's tumultuous rout. *Shanghai Futures Exchange copper snapped back 1.8 percent to 40,790 yuan a tonne, also extending a recovery from the weakest in six years. Shanghai nickel surged 5...

  • PRECIOUS-Gold clings above 4-month low on euro Thursday, 9 Jul 2015 | 8:51 PM ET

    MANILA, July 10- Gold held above a four-month low early on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece's efforts to secure fresh funding. But bullion is still down so far for the week, its third in a row, as the Greek debt saga and China's equities rout failed to spark safe-haven bids. *Investors will also keep an eye on China's stock market...

  • Global brands stretched by India's food safety record Saturday, 20 Jun 2015 | 10:30 PM ET

    TALOJA, India/ MOGA, India, June 21- At a McDonald's plant outside Mumbai, 200 workers walk through air dryers and disinfectant pools, then get to work making the day's 25,000 patties from chicken painstakingly sourced in a country with one of the world's worst food safety records. India's tainted water, patchy cold storage network and a retail sector made up of tiny...

  • WASHINGTON, June 9- U.S. job openings surged to a record high in April and small business confidence perked up in May, suggesting the economy was regaining speed after stumbling at the start of the year. "This is more confirmation that the economy is indeed emerging from that soft patch in the first quarter and can still pick up even faster in the next few months," said...

  • WASHINGTON, June 9- U.S. job openings surged to a record high in April and small business confidence increased in May, signs that the economy was regaining momentum after stumbling at the start of the year. The Labor Department said job openings increased to 5.4 million in April, the highest since the series began in December 2000, from 5.1 million in March.

  • WASHINGTON, June 9- U.S. wholesale inventories rose more than expected in April as stabilizing oil prices helped lift sales by the most in more than a year, giving wholesalers an incentive to accumulate more stocks. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent. Stocks at wholesalers were revised to show a 0.2 percent rise...

  • SINGAPORE, June 9- London copper futures steadied off a six-week low on Tuesday after modest gains overnight spurred by a weaker dollar, but softening demand from top consumer China capped gains. *Three-month copper on the London Metal Exchange was nearly flat at $5,951 a tonne by 0102 GMT, but off Friday's low of $5,885 which was its weakest since April 23.

  • SINGAPORE, June 9- Gold clung to small overnight gains on Tuesday on a weaker dollar, but the metal remained near an 11- week low as investors fretted over the timing of a U.S. interest rate hike. *Spot gold was steady at $1,174.35 an ounce by 0035 GMT, after gaining 0.2 percent in the previous session. *The metal had fallen to $1,162.35 on Friday, its lowest since March 19,...

  • GRAINS-Wheat clings to gains on U.S. harvest bets Monday, 8 Jun 2015 | 8:44 PM ET

    SINGAPORE, June 9- Chicago wheat futures on Tuesday held gains from the previous session as investors continued to bet that heavy rains would hit yields of the winter wheat crop in the southern U.S. *Wheat for July delivery on the Chicago Board of Trade was up 0.1 percent at $528-3/ 4 a bushel by 0033 GMT. *CBOT soybeans gained 0.4 percent to $9.47-3/ 4 a bushel and corn...

  • *Front month U.S. crude had climbed 20 cents to $58.34 a barrel by 0023 GMT after ending the previous session down 99 cents. *United Nations negotiators on Monday presented Libya's warring factions with a draft proposal to form a unity government and end fighting between two rival governments and their respective armed forces. *The U.S. lacks a "complete strategy"...

  • Soaring L.A. jet prices attract Asian imports Monday, 18 May 2015 | 8:56 PM ET

    SAN FRANCISCO, May 18- Wholesale jet fuel prices in the Los Angeles market remained high on Monday due to maintenance issues at refineries along the West Coast, prompting shipments from Korea and Japan that are expected to arrive in early June, traders said on Monday. The price surge is due to low supplies caused by planned maintenance at Chevron's El Segundo...

  • WASHINGTON, May 12- U.S. small business owners gained confidence in April and were surprisingly bullish about capital expenditure plans, further supporting views that economic growth was rebounding after a dismal first quarter. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index rose 1.7 points to 96.9 last...

  • U.S. small business confidence jumps; energy capex up Tuesday, 12 May 2015 | 9:00 AM ET

    WASHINGTON, May 12- U.S. small business confidence increased in April with owners in the energy field surprisingly bullish about capital expenditure and hiring plans, further supporting views that economic growth was rebounding after a dismal first quarter. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index...

  • U.S. wholesale inventories rise slightly in March Friday, 8 May 2015 | 10:03 AM ET

    WASHINGTON, May 8- U.S. wholesale inventories rose slightly in March as sales fell, data from the Commerce Department showed on Friday. Wholesale inventories rose 0.1 percent after a downwardly revised 0.2 percent rise in February. Economists polled by Reuters had forecast stocks at wholesalers rising 0.3 percent in March after a previously reported 0.3...

  • METALS-London copper drifts ahead of U.S. jobs report Thursday, 7 May 2015 | 8:58 PM ET

    MELBOURNE, May 8- London copper slipped on Friday, weighed by a stronger dollar and worries over consumption in top metals consumer China, and as traders took risk off the table ahead of a major U.S. jobs report. *The most-traded July copper contract on the Shanghai Futures Exchange eased 0.1 percent to 45830 yuan a tonne. *Century Aluminum rejected a...