×

Retail Distributors

  • *Spot gold was down 0.6 percent at $1,223 per ounce by 0110 GMT. On Wednesday, the metal touched its highest since Nov. 11 at $1,244.67. *The expected demise of transparency regulations for minerals and oil companies listed in the United States will not cloud the global drive for financial clarity in extractive industries, company executives told Reuters at an...

  • *New Zealand dollar slides on dovish central bank. NEW YORK, Feb 9- The dollar rose across the board on Thursday, posting its best one-day gain against the yen in three weeks, after comments from U.S. "It's been a broad-based dollar rally driven by the headlines that Trump plans to announce something phenomenal on taxes in the next few weeks, in his words," said Kathy Lien,...

  • LONDON, Feb 9- Gold slipped on Thursday from a three-month high in the previous session after robust U.S. economic data pointed to a stronger economy, increasing the likelihood that the Federal Reserve will raise U.S. interest rates. Spot gold was down 0.6 percent at $1,234.36 an ounce to $1,235.50. With gold striking $1,244.67, its highest since Nov. 11, on...

  • *Weekly jobless claims fall 12,000. WASHINGTON, Feb 9- The number of Americans filing for unemployment benefits unexpectedly fell last week to near a 43- year low, amid a further tightening of the labor market that could eventually spur faster wage growth. Initial claims for state unemployment benefits dropped by 12,000 to a seasonally adjusted 234,000 for the...

  • WASHINGTON— Stockpiles held by U.S. wholesale businesses increased by a solid amount in December, while sales at the wholesale level rose at the fastest pace in more than five years. The Commerce Department says inventories held by wholesalers rose 1 percent in December, matching the November increase, which had been the largest in two years.

  • MELBOURNE, Feb 9- London copper edged off its highest since early February on Thursday though it still remained supported by supply risks that threaten to erode an expected modest surplus this year. The potential for supply disruptions has become an increasing focus in copper markets in the past month, Goldman Sachs said in a report, with workers at the world's...

  • MELBOURNE, Feb 9- London copper hovered near its highest since late November on Thursday as niggling supply risks threatened to corrode what is expected to be a modest surplus this year. The potential for supply disruptions has become an increasing focus in copper markets in the past month, Goldman Sachs said in a report, with workers at the world's largest mine...

  • SYDNEY, Feb 9- U.S. soybeans fell for the first time in four sessions on Thursday, retreating from a two-week high touched in the previous session, as traders squared positions ahead of a widely watched U.S. government report. *The most active soybeans futures on the Chicago Board Of Trade fell 0.33 percent to $10.55-1/ 4 a bushel, having firmed 1.5 percent on...

  • MELBOURNE, Feb 9- London copper hovered near its highest since late November on Thursday as niggling supply risks threatened to corrode what is expected to be a modest surplus this year. That followed a 1.7- percent gain in the previous session when prices climbed to $5,925, not far from a two-month peak of $6,007 a tonne hit on Feb. 1. *Shanghai Futures Exchange...

  • Feb 9- Gold slipped from 3- month highs on Thursday on profit taking, but political risks from elections in Europe and worries over U.S. *Investors are concerned about the strong showing in the French presidential race of far-right candidate Marine Le Pen, who has promised to take France out of the euro zone and to hold a referendum on European Union membership.

  • WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. WASHINGTON— Commerce Department releases wholesale trade inventories for December, 10 a.m..

  • BERLIN— A fish wholesaler has become the first major Volkswagen customer in Germany to sue the automaker for selling diesel vehicles rigged to cheat on emissions tests. Deutsche See GmbH says it filed a lawsuit with a court in Braunschweig on Friday, alleging "malicious deceit" on the part of Volkswagen, after failing to reach an out-of-court settlement.

  • The recall involved certain cans made in the company's Franklin Park, Illinois, facility. "We believe this was a deliberate, malicious act by an individual or individuals familiar with the quality and safety procedures at its Franklin Park, IL facility", Altria said in a e-mailed statement. A majority of U.S. Smokeless Tobacco Company's cans made at a separate...

  • WASHINGTON, Jan 27- U.S. economic growth likely slowed in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but a healthy increase in consumer spending and rising business investment should underscore the economy's underlying momentum. The government will publish its first estimate of fourth-quarter GDP on Friday at 8:30 a.m..

  • Net income attributable to McKesson was $633 million, or $2.85 per share, in the third quarter ended Dec. 31, from $634 million, or $2.73 per share, a year earlier. Revenue rose to $50.13 billion from about $47.90 billion, compared with estimates of about $50.50 billion. McKesson said on Wednesday it expects adjusted earnings from continuing operations of $12.60-...

  • Jan 25- Drug wholesaler McKesson Corp said it would buy privately held CoverMyMeds for about $1.1 billion to strengthen its technology offerings to pharmaceutical manufacturers, clinicians and health insurers. Net income attributable to McKesson was $633 million, or $2.85 per share, in the third quarter ended Dec. 31, from $634 million, or $2.73 per share, a year...

  • BRUSSELS, Jan 24- U.S. online retailer Amazon has offered to alter its e-book contracts with publishers in a bid to end an EU antitrust probe and stave off a possible fine, the European Commission said on Tuesday. Amazon, the biggest e-book distributor in Europe, proposed to drop some clauses in its contracts so publishers will not be forced to give it terms as good as...

  • WASHINGTON, Jan 10- U.S. wholesale inventories in November rose slightly more than previously reported, posting their largest gain in two years and suggesting inventory investment would again support economic growth in the fourth quarter. The Commerce Department said on Tuesday wholesale inventories rose 1.0 percent after slipping 0.1 percent in October.

  • WASHINGTON, Dec 29- A drop in U.S. exports last month pushed the country's trade deficit in goods higher while the number of Americans filing for unemployment benefits fell last week in a positive sign for the labor market. In an initial estimate that does not include trade in services, the Commerce Department said the country exported $1.2 billion less in...

  • SURAT, India/ TORONTO, Dec 27- The global diamond industry is facing disruption that could stretch through the first few months of next year, including Valentine's Day in February, as a result of Indian Prime Minister Narendra Modi's radical move to abolish most of the nation's cash overnight. The lack of cash is not the only problem for an industry that employs 1...