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LONDON, Sept 26- September has been a cruel month for industrial metals, with prices sinking pretty much across the board.
HOUSTON, Sept 24- BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, a U.S. judge ruled on Wednesday. U.S. District Court Judge Carl Barbier in New Orleans has thrown out many of those complaints and turned the company down again on Wednesday.
HOUSTON, Sept 24- A U.S. judge has ruled that BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, NOLA.com reported on Wednesday.
LONDON, Sept 19- The zinc rally has run out of steam. But the benchmark LME three-month price has over the last couple of weeks retreated from above $2,400 per tonne to a current $2,260. The LME's Commitments of Traders Report showed money managers trimming their net long position by 12,271 lots, or 306,775 tonnes, in the week to Sept. 12.
NEW YORK, Sept 17- U.S. stocks edged higher in volatile trading on Wednesday after the U.S.
LONDON, Sept 12- On Tuesday this week base metals prices tumbled. Shanghai traders led the bear charge, which spilled over into London, where the subsequent sell-off was accelerated by technical traders of all shapes and sizes.
NEW YORK, Sept 5- A U.S. court ruling that dramatically ramped up BP Plc's potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other industries like mining and nuclear power generation.
LONDON, Sept 5- BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.
*BP to appeal ruling over blame for disaster. *BP shares fall 5 percent in U.S. trading.
*BP shares fall 5 percent in U.S. trading. HOUSTON, Sept 4- BP Plc was "grossly negligent" for its role in the oil spill in the Gulf of Mexico four years ago, a U.S. district judge said on Thursday in a ruling that could add billions of dollars in fines to the more than $42 billion in charges taken so far for the worst offshore disaster in U.S. history.
HOUSTON, Sept 2- BP Plc asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict of interest before taking the job. "In order to restore the integrity of the claims program, the court should replace him," BP said.
Sept 2- Halliburton Co, North America's top oilfield services provider, said it reached a $1.1 billion settlement for a majority of claims related to its role in BP Plc's oil spill in the Gulf of Mexico in 2010.. The settlement, which includes legal fees, is subject to approval by the U.S. District Court for the Eastern District of Louisiana, Halliburton said.
At a dinner for media, McDonald's offered fine cuisine dishes as part of a campaign to shake its reputation for serving cheap, unhealthy food.
LONDON, Aug 15- The bears are massing in the London copper market. On the London Metal Exchange benchmark three-month metal has this week tumbled out of its tight $6,950- 7,200 per tonne range to hit a two-month low of $6,821 on Thursday.
SYDNEY, Aug 12- London copper steadied on Tuesday not far from six-week lows, as worries eased over geopolitical tensions in Iraq and Ukraine that could hold back global growth and dent the demand outlook for metals.
SYDNEY, Aug 12- London copper skidded to within sight of its lowest since June on Tuesday, as concerns over geopolitical tensions in Iraq and Ukraine clouded the outlook for demand amid thin summer trade.
LONDON, Aug 11- Zinc bulls, and there are plenty, have just received another lesson in the perils of timing. One stand-out of the first Commitments of Traders report issued last week by the London Metal Exchange was the speculative positioning in the exchange's zinc contract.
*IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday after inventories rose, highlighting an overhang of supplies that analysts say needs to be eroded before expected shortages kick in.
*IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday from a three-year peak two days before after inventories rose, highlighting an overhang of supplies that need to be eroded before expected shortages kick in.
HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.