JOHANNESBURG, Dec 12- South Africa's National Union of Mineworkers said on Thursday it had agreed a two-year wage deal for pay increases of 7.5 to 8.5 percent with Anglo American Platinum, the world's top producer of the precious metal.» Read More
LONDON, July 19- Brent crude oil rose to $109 a barrel on Friday after encouraging economic data and a sharp decline in U.S. crude stockpiles signalled stronger demand for fuel in the world's top oil consumer. Brent rose 35 cents to $109.05 by 1120 GMT.
July 19- Honeywell International Inc reported stronger-than-expected second-quarter earnings, helped by higher margins. Net income attributable to the company rose to $1.02 billion, or $1.28 per share, in the quarter ended June, from $902 million, or $1.14 per share, a year earlier.
PARIS, July 19- European jetmaker Airbus has raised its order target for 2013 to more than 1,000 aircraft, compared with a previous goal of more than 800, sales chief John Leahy told Reuters on Friday.
BEIJING, July 19- China's central bank announced long-awaited interest rate reforms on Friday, scrapping the previous floor on the rates that banks charge clients for loans. The People's Bank of China also said in a statement on its website that it would remove controls over bill discount rates. It did not remove a cap on deposit rates.
July 19- General Electric Co reported a better-than-expected quarterly profit on Friday as orders for its industrial machinery rose across its portfolio. GE, the world's largest jet engine manufacturer, posted second-quarter net income of $3.69 billion, or 36 cents per share, for the second quarter, from $4.01 billion, or 38 cents per share, a year earlier.
*Fed stimulus withdrawal eyed, clarity sought from China. MOSCOW, July 19- The world's economic crisis response team grappled on Friday with the prospect of more market volatility resulting from powerhouses the United States, China and Japan charting a course towards recovery.
LONDON, July 19- GlaxoSmithKline has sent its head of emerging markets to China to lead the drugmaker's response to an unfolding crisis over alleged bribery and corruption, a person familiar with the situation said on Friday.
July 19- General Electric Co reported a fall in second-quarter profit, hurt by lower demand for power and water products. Operating earnings fell to $3.69 billion, or 36 cents per share, for the quarter ended June 30, from $4.01 billion, or 38 cents per share, a year earlier. Revenue fell 4 percent to $35.1 billion.
*Credit Suisse upgrades rating on continental Europe. LONDON, July 19- European shares slipped on Friday with specialist chemical storage group Vopak slumping after cutting its outlook, as opinions were divided on whether this month's equity rally was running out of steam.
CHICAGO, July 19- Whirlpool Corp posted a stronger-than-expected jump in quarterly profit on Friday and raised its full-year outlook, citing sales gains in every market it operates, including Europe and North America.
July 19- Baker Hughes Inc, the world's third-largest oilfield services provider, reported a lower-than-expected second-quarter profit due mainly to weak margins in North America.
July 19- Schlumberger Ltd, the world's largest oilfield services company, posted a better-than-expected profit for the seventh quarter as drilling activity outside North America touched a 30- year high. Schlumberger shares rose 2 percent to $80 in trading before the bell on Friday.
LONDON/ MOSCOW, July 19- The G20 backed a "fundamental" rethink of the rules on taxing multinational corporations on Friday, taking aim at loopholes used by companies such as Apple and Google to avoid billions of dollars in taxes.
LONDON, July 19- Gold edged up on Friday and was on track for its second weekly gain, boosted by a slightly softer dollar following assurances from the U.S.
*China to achieve 7.5 pct growth target this yr- poll. Putting pressure on prices are worries about the outlook for demand from China, which makes up 40 percent of global copper requirement.
July 19- Baker Hughes Inc, the world's third-largest oilfield services provider, reported a 45 percent fall in second-quarter profit due mainly to weak margins in North America. Net income attributable to Baker Hughes fell to $240 million, or 54 cents per share, for the quarter ended June 30, from $439 million, or $1.00 per share, a year earlier.
July 19- Schlumberger Ltd, the world's largest oilfield services company, reported a 49 percent jump in quarterly profit as drilling activity outside North America touched a 30- year high. Net income rose to $2.10 billion, or 1.57 per share, in the second quarter, from $1.40 billion, or $1.05 per share, a year earlier. Revenue rose 8 percent to $11.18 billion.
LONDON, July 19- Brent crude oil held above $108 a barrel on Friday after encouraging economic data and a sharp decline in U.S. crude stockpiles signalled stronger demand for fuel in the world's top oil consumer. Brent rose 1 cent to $108.71 a barrel by 1002 GMT, after climbing earlier to a session high of $108.93.
Many analysts say even if June had higher prices, it is too early to conclude Japan is out of deflation, because the increase is mostly due to a rise in electricity bills and a weak yen that is inflating the cost of gasoline imports.
Europe's FTSEurofirst 300 share index was down 0.4 percent by mid-morning after some weaker earnings overnight, but it was firmly on course for its first four-week run of uninterrupted gains since May, as was MSCI's 45- country all-world index, which fell 0.1 percent.