*BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies lost ground after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup, which will pay $1.02 billion to settle the probe, dipped 0.8...» Read More
BAYREUTH, Germany, June 18- It takes a British American Tobacco factory machine three minutes to load 4 million cigarettes onto a truck in northern Bavaria- but it can take a lot longer to figure out whether those cigarettes end up where they should.
June 16- Private equity firm TPG Capital LP-backed ATD Corp, one of the largest U.S. tire distributors, filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering.
WASHINGTON, June 10- The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/ 2 years in May and the number of jobs available rising to pre-recession levels in April.
*Wholesale inventories increase 1.1 percent in April. WASHINGTON, June 10- U.S. wholesale inventories rose more than expected in April, bolstering views of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.1 percent after advancing by the same margin in March.
WASHINGTON, June 10- U.S. wholesale inventories rose more than expected in April, which bolsters views of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.1 percent after advancing by the same margin in March.
*Shanghai premiums steady after falling for past week-Shmet. *Citic Resources say business may be impacted by Qingdao probe.
*Zinc market seen with 100,000 T deficit this yr- AME Group. *Citic Resources say business may be impacted by Qingdao probe. Improving global demand prospects are helping support prices for zinc and aluminium in particular, led by stronger than expected consumption and tight supply- at least in the first half, said analyst Matt Fusarelli at AME Group.
*Three-month copper on the London Metal Exchange traded up 0.1 percent at $6,678.50 a tonne by 0136 GMT, from the previous session when it dropped to $6,636 a tonne, which was its weakest since May 7.
SINGAPORE, June 10- Platinum extended its winning streak to a fifth straight session on Tuesday as talks to resolve a 5- month long strike in top producer South Africa were deadlocked, with the mining minister quitting his role as a mediator.
U.S. crude gained 8 cents to $104.49 a barrel by 0016 GMT after ending up $1.75, while Brent crude added 2 cents to $110.01 after settling $1.38 higher. *A full lifting of sanctions on Iran could spark new rivalries within OPEC as Tehran seeks to reclaim its rank as No. 2 producer from former foe Iraq.
U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.
A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.
In one of Herbalife's fastest-growing markets, sellers' extraordinary health claims are drawing unwanted attention.
Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.
Gold prices topped $1,675 an ounce, rising along with the euro after the European Central Bank gave no hints on near-term rate cuts.