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  • METALS-Copper posts limp bounce after yuan devaluation Tuesday, 11 Aug 2015 | 8:47 PM ET

    MELBOURNE, Aug 12- London copper posted a tepid bounce early on Wednesday, after China's yuan devaluation rattled markets and cast a shadow over economic growth in the world's top consumer of metals. *Three-month copper on the London Metal Exchange rose by 0.8 percent to $5,164 a tonne by 0039 GMT, following the biggest slide in a month in the previous session when...

  • WASHINGTON, Aug 11- U.S. nonfarm productivity rebounded in the second quarter, but a weak underlying trend suggested inflation could pick up more quickly than economists have anticipated. Productivity increased at a 1.3 percent annual rate in the April-June period, the Labor Department said on Tuesday. It's something to think about long term, "said Gennadiy...

  • WASHINGTON, Aug 11- U.S. wholesale inventories rose more than expected in June, the latest indication that the economy grew at a faster pace in the second quarter than reported last month. The Commerce Department said on Tuesday that wholesale inventories increased 0.9 percent as a rise in oil prices boosted the value of petroleum stocks. In that report, the...

  • *Commodities fall as cheaper yuan boosts dollar. *China uncertainty weighs on Apple stock. Aug 11- Wall Street was set to open lower on Tuesday after China's surprise devaluation of the yuan increased unease about the health of the world's second-largest economy and pushed the dollar higher.

  • US STOCKS-Futures lower after China devalues yuan Tuesday, 11 Aug 2015 | 7:20 AM ET

    Aug 11- U.S. stock index futures were lower on Tuesday after China's surprise devaluation of the yuan increased unease about the health of the world's second-largest economy and pushed the dollar higher. *U.S. stocks had climbed on Monday, giving the S&P 500 its biggest increase since May, buoyed by gains in commodity-related shares and optimism over Warren...

  • SYDNEY, Aug 11- U.S. corn fell from a more than two-week high touched in the previous session, easing after a steep rise on concerns about stressful hot weather in the United States and Europe. *Chicago Board Of Trade December corn fell 0.9 percent to $3.97-1/ 2, having risen 4.5 percent in the previous session when prices hit $4.02 a bushel. *Heavy flooding during the...

  • MANILA, Aug 11- Gold held near a three-week high above $1,100 an ounce on Tuesday after the dollar eased following U.S. jobs data that may not have been strong strong enough to cement expectations for a U.S interest rate hike in September. *Spot gold was up 0.1 percent at $1,105.21 an ounce by 0047 GMT, after rising as high as $1,108.80 on Monday, its loftiest since July...

  • MELBOURNE, Aug 11- London copper slipped on Tuesday, a day after logging its biggest one-day gain in a month after moribund Chinese trade data raised hopes it would roll out more stimulus, setting off a volley of short-covering. *Shanghai Futures Exchange copper had climbed 3.1 percent to 39,020 yuan a tonne in the late Monday session. *China's big property...

  • BUENOS AIRES, Aug 5- For 13 years, a near blanket freeze on utility tariffs has pushed creaking power grids to the brink of collapse in Argentina's capital, stunting private investment and leading to regular outages when demand peaks. The firm expects a government led by either of the main candidates- the ruling party's Daniel Scioli and his more...

  • LONDON, July 15- European private equity firm Apax has hired JP Morgan and UBS to explore a stock market listing or sale of its Italian auto-parts distributor Rhiag, six sources familiar with the matter said on Wednesday. But Apax, which bought the company in October 2013, wants to take advantage of high industry valuations and growing investors' appetite for...

  • MELBOURNE, July 13- London copper slipped on Monday in line with a weaker euro as Greece's place in Europe's single currency remained in doubt following weekend talks, and ahead of China trade data that will be closely watched after last week's stock market rout. *Shanghai Futures Exchange copper ended down 0.5 percent at 40,520 yuan a tonne in Friday's late...

  • Euro zone ministers to meet on Saturday to decide on Greece. Global markets rose earlier on hopes that Greece will be able secure fresh funding to avert bankruptcy and allow it to remain in the euro zone. Greece has made substantial concessions in its latest proposal to lenders, including tax hikes, in hopes of receiving $59 billion to help it cover debts until...

  • 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...