NEW YORK, March 11- At least one U.S. scrap copper trader has suffered "large" losses after a buyer in China defaulted on a deal in the past week, one of the first signs that sinking prices and tightening credit are taking a toll on the physical market. China is the world's biggest copper consumer. "Copper was Bitcoin for China.» Read More
LONDON, Sept 23- European shares traded flat at midday on Monday after stronger euro zone data and Angela Merkel's landslide personal victory in Germany's election failed to offset dampening comments from a U.S.
Sept 23- Sandwich chain Potbelly Corp expects its initial public offering to be priced at between $9 and $11 per share, raising as much as $82.5 million. Maveron Equity Partners, American Securities Capital Partners LLC and Oak Investment Partners are among Potbelly's majority shareholders, according to the company's IPO filing.
LONDON, Sept 23- The euro turned lower on Monday, failing to hold gains, due to uncertainty over how long it will take Angela Merkel to form a coalition after her party's resounding victory in Sunday's German election. The euro dipped 0.1 percent to $1.3503, staying below chart resistance at last week's 7-1/ 2 month high of $1.3569.
LONDON, Sept 23- A flood of new orders gave a boost to European and Chinese firms in September, according to a clutch of surveys which added to evidence that the global economy is healing. Euro zone economies are gradually emerging into a recovery that is sustainable, "said Philip Shaw at Investec.
The strategic shift and dramatic restructuring are fueling fears about BlackBerry's long-term viability. BlackBerry's shares, which fell 17 percent on the Nasdaq on Friday, fell another 5.6 percent to $8.23 before the bell on Monday.
Sept 23- General Electric Co said it signed three contracts valued at $2.7 billion with Algeria to supply power generation equipment and turbines to the country's power plants.
BEIJING, Sept 23- Most of China's small and medium companies have seen profit growth slowing this year as costs rise and financing remains tight, the official Xinhua news agency said on Monday, citing a survey by the Ministry of Industry and Information Technology.
LONDON, Sept 23- One of the biggest investors in European companies says it will start voting against boardroom pay plans next year unless firms force executives to hold shares more than three years before cashing them in.
LONDON, Sept 23- Gold edged lower on Monday, extending the previous session's sharp sell-off as confusion over the outlook for U.S. monetary policy weighed on prices, with weak buying from China overnight adding to the weaker tone.
LONDON, Sept 23- Copper prices fell on Monday, slipping for the second straight session, as a weak euro and concerns about growing supply offset hopes for a rebound in demand from top consumer China. Three-month copper on the London Metal Exchange fell to $7,223 a tonne at 1002 GMT, down from a close of $7,280 on Friday.
*Possible U.S., Iran leaders meeting eases supply concerns. LONDON, Sept 23- Crude oil rose slightly to hold above $109 a barrel on Monday as upbeat business surveys in China and Europe pointed to stronger oil demand while a possible thaw in U.S.- Iran relations underpinned easing supply concerns.
DUESSELDORF, Germany, Sept 23- German steelmaker ThyssenKrupp may walk away from talks over the sale of its Brazil plant, part of its loss-making Steel Americas business, a person familiar with the matter told Reuters on Monday. Negotiations with prospective buyer Companhia Siderurgica Nacional remain in a stalemate, the person added.
SHANGHAI, Sept 23- A unit of French food group Danone SA said on Monday it opened an investigation after Chinese state TV reported that it bribed medical staff to boost sales of its infant formula at hospitals in a number of regions across northern China.
TOKYO, Sept 23- Bank of Japan board member Sayuri Shirai said the central bank's "forward guidance" on policy gives it scope to take more step if needed to achieve its goal of 2 percent inflation, and means it will not end its monetary easing until the target is reached.
LONDON, Sept 23- Shares and core euro zone bonds carved out minor gains on Monday as fresh concerns about the Federal Reserve's policy stance took the shine off an election triumph for Angela Merkel and some upbeat euro zone data.
*CFO says organic capex to fall to $24- 25 bln in 2015-2017. LONDON/ PARIS, Sept 23- French oil major Total said on Monday its investments would start trending down next year as its oil and gas production grows to 2.6 million barrels of oil equivalent per day in 2015, boosting available cash flow.
LONDON, Sept 23- The euro rose on Monday after German Chancellor Angela Merkel won a third term in office and German, French and euro zone private sector surveys came in better than expected.
*National Grid leads utilities lower after UBS downgrade. LONDON, Sept 23- Hawkish comments from Federal Reserve President James Bullard dragged back European shares early on Monday, while a landslide victory in German elections for Angela Merkel kept the DAX around all-time highs.
HONG KONG, Sept 23- Hong Kong shares slipped from a near eight-month high, led by a 1.9 percent tumble for index heavyweight HSBC Holdings as investors on Monday pared last week's gains on their return from a holiday on Friday. The China Enterprises Index of the top Chinese listings in Hong Kong slipped 0.5 percent.
LONDON, Sept 23- Business activity in the euro zone has grown faster than expected this month as new orders flood in at their fastest pace in over two years, surveys showed on Monday, adding to signs that the economy is healing.