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  • Nov 12- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, increased its dividend and said it would buy back shares worth $5 billion, more than doubling its share repurchase program. Dow, which is being pushed by hedge fund manager Daniel Loeb to split up, said it would complete its previous $4.5 billion share repurchase program by the end of the year.

  • METALS-Copper steadies in narrow range, supplies in focus Wednesday, 12 Nov 2014 | 6:10 AM ET

    *Copper down 9 percent year-to-date. LONDON, Nov 12- Copper prices held steady on Wednesday, remaining locked in a sideways trading range, as lacklustre demand and expectations of more supplies next year capped gains. Copper has stayed in a narrow range between $6,500 and $6,800 since mid-September, and some analysts expect prices could weaken further towards...

  • SYDNEY, Nov 12- London copper edged lower on Wednesday after gaining about half a percent in the previous session when U.S. markets were shut for a holiday, while zinc prices were underpinned by a strike at a Peruvian mine. Prices have traded in a narrow $300 band of around $6,500- $6,800 since mid-September as modestly growing demand is met by ample supply.

  • SYDNEY, Nov 12- London copper was little changed on Wednesday after gaining about half a percent in the previous session when U.S. markets were shut for a holiday, while zinc prices were underpinned by a strike at a Peruvian mine. Prices have traded in a narrow $300 band of around $6,500- $6,800 since mid-September as modestly growing demand is met by ample supply.

  • METALS-London copper little changed after U.S. holiday Tuesday, 11 Nov 2014 | 9:07 PM ET

    SYDNEY, Nov 12- London copper was barely changed on Wednesday, after gaining about half a percent in the previous session when U.S. markets were shut for a holiday, while zinc prices were underpinned by a strike at a Peruvian mine. *Prices have traded in a narrow $300 band of around $6,500- $6,800 since mid September as modestly growing demand is met by ample supply.

  • *Glencore, China's Jinchuan had bid for Nickel West. The Nickel West division has long-suffered from high costs associated with operating in Australia and Chief Executive Andrew Mackenzie had made it clear it fell outside his focus on "four pillars of growth"- iron ore, copper, petroleum and coal. At the time, Swiss-based commodities and mining giant Glencore Plc...

  • BHP Billiton says scraps sale of Nickel West business Tuesday, 11 Nov 2014 | 4:54 PM ET

    SYDNEY, Nov 12- BHP Billiton, the world's largest mining company, said on Wednesday it had scrapped the sale of its Nickel West unit after failing to find a buyer at the right price and would continue to operate the nickel business. BHP in May began a review of the business- comprising the Mt Keith, Cliffs and Leinster mines and associated concentrators, the...

  • LIMA, Nov 11- Gold prices, which hit a four-year low of $1,131.85 last week, are expected to stabilise at $1,200 an ounce by October 2015, delegates to the London Bullion Market Association's annual conference forecast on Tuesday. Platinum prices are forecast to stand at $1,325 an ounce and palladium at $825 an ounce. Gold has dropped around five percent this year,...

  • *China zinc market shows signs of supply tightness. LONDON, Nov 11- Zinc prices rose on Tuesday as a strike at a Peruvian mine and concerns over expected tight supplies next year outweighed the impact of a strong dollar. "The mine supply side for zinc is going to be tight next year, but more recently smelter output expectations in China have become more muted.

  • *China zinc market shows signs of supply tightness. LONDON, Nov 11- Zinc prices were steady on Tuesday, bucking a falling trend in other base metals, as a strike at a Peruvian mine and concerns over expected tight supplies next year offset the impact of a strong dollar. "The mine supply side for zinc is going to be tight next year, but more recently smelter output...

  • The big four-- Tesco, Asda, Sainsbury and Morrisons-- still control 73 percent of UK grocery turnover but discounters such as Aldi and Lidl, e-commerce sites like Ocado and higher-end stores like Marks and Spencer and Waitrose are gaining ground. Unilever says it keeps margins with discounters, which account for over a billion euros of turnover, in line with its...

  • *China zinc market shows signs of supply tightness. LONDON/ SYDNEY, Nov 11- Zinc prices were steady on Tuesday as a strike at a Peruvian mine added to existing concerns over an expected tightness in supply next year, even while a strong dollar pushed copper and other metals lower. "The mine supply side for zinc is going to be tight next year, but more recently smelter...

  • *India iron ore imports reach 5 mln T in Apr-Oct- industry data. SINGAPORE, Nov 11- India's iron ore imports jumped to a record 5 million tonnes in April-October, industry data showed, as a deepening shortage at home forces steelmakers to turn overseas for the raw material. But analysts warned that shipments to India, a country that holds vast reserves of iron ore and...

  • SINGAPORE, Nov 11- Brent crude traded around $82 a barrel on Tuesday, just above a four-year low hit last week, with a firm dollar and robust production from U.S. shale oil fields offsetting a drop in output in Libya. The price has fallen nearly 30 percent since late June and all eyes are on OPEC for any sign the oil cartel will cut prices at a meeting on Nov. 27.

  • *Gold had fallen over 2 percent on Monday. SINGAPORE, Nov 11- Gold extended losses to a second session on Tuesday, falling towards its lowest since 2010, as the strength in the U.S. dollar hurt demand for the precious metal as a hedge. Gold's inability to retain a 3 percent jump from Friday shows investors are selling into rallies, expecting more downside.

  • SINGAPORE, Nov 11- The world's biggest trading platform for spot iron ore cargoes, globalORE, is looking to launch a new contract next year to further boost volumes that hit record levels in October as prices tanked, its chief executive said. Cargoes of the steelmaking ingredient sold on the platform help determine benchmark spot prices that have this year...

  • METALS-London zinc edges higher on supply concerns Monday, 10 Nov 2014 | 11:21 PM ET

    *China zinc market shows supply distress. SYDNEY, Nov 11- London zinc prices edged higher on Tuesday as supply concerns resurfaced following a strike at a Peruvian mine, while London copper was little changed after a near 1 percent drop in the previous session. "Speculators have driven prices higher recently on the basis that mine supply won't keep up with demand,"...

  • SINGAPORE, Nov 11- Brent crude traded around $82 a barrel on Tuesday, just above a four-year low hit last week, with a firm dollar and robust production from U.S. shale oil fields offsetting a drop in output in Libya. The price has fallen nearly 30 percent since late June and all eyes are on OPEC for indications of whether the oil cartel will cut prices at a meeting on Nov....

  • SINGAPORE, Nov 11- Citigroup has slashed its iron ore price forecast for 2015, predicting the steelmaking ingredient could drop below $60 per tonne in the most bearish estimate yet from a financial institution on the glut-hit commodity. Citigroup expects iron ore to average $60 a tonne in the third quarter of next year, down from a previous forecast of $78 and to...

  • *Sumitomo Metal Mining soars on outlook hike. TOKYO, Nov 11- Japan's Nikkei share average rose on Tuesday, buoyed by Wall Street gains and as the weaker yen helped exporters, but oil-related shares such as Inpex Corp underperformed after oil prices fell further. Sentiment was also boosted by the Bank Of Japan's move on Monday to purchase 38 billion yen of...

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