VIENNA, Sept 16- OPEC Secretary General Abdallah El-Badri told reporters on Tuesday he expected the group to lower its oil output target when it meets next in late November. Badri was asked if OPEC's 30 million barrels per day output target would still be appropriate next year.» Read More
*Involves syndicated facilities amounting to $3.7 billion. MOSCOW/ HONG KONG, March 28- Rusal, the world's largest aluminium producer, could default on some of its multi-billion dollar debt if it fails to reach a new deal with creditors by Monday, it said after reporting its biggest annual loss since 2008..
*Wheat headed for a fourth straight weekly gain on dry weather. Corn and soybeans inched lower in subdued trading in the run-up to Monday's spring planting and quarterly stocks estimates from the U.S. Department of Agriculture, a data release that often generates sharp price movements.
NEW YORK, March 28- U.S. stocks rose at the open on Friday lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy.
LONDON, March 28- Japan's financial markets face a challenging new fiscal year as economic slowdown in its emerging trading partners and a sales tax hike at home push risk-shy investors into cash-like assets.
LONDON, March 28- Asia Resource Minerals, the Indonesian miner emerging from years of bitter shareholder in-fighting, said on Friday it would now focus on restructuring its business to combat weak coal prices.
March 28- U.S. safety regulators said they had closed an investigation into electric sports car maker Tesla Motors Inc's popular Model S sedans. The U.S. National Highway Traffic Safety Administration began investigations into the company's Model S luxury electric cars in November after three cars caught fire.
March 28- Alcoa Inc said it would cut 147,000 metric tons of capacity at two aluminum smelters in Brazil as increased costs have made the plants uncompetitive. Alcoa had placed 460,000 metric tons of smelting capacity under review last May. Alcoa said it expected the capacity cuts at Sao Luis and Pocos de Caldas smelters to be complete by the end of May.
*Gold heads for 3.3 pct weekly decline. LONDON, March 28- Gold fell to fresh six-week lows under $1,300 an ounce on Friday, and was on track for a second straight weekly decline as an improving U.S. economic outlook lifted the dollar and bolstered appetite for risk. Gold futures for April delivery fell $6.40 to $1,288.50 an ounce.
March 28- Canada's BRP Inc, which makes the Ski-Doo snowmobiles, forecast a lower-than-expected full-year profit, saying the political uncertainty in Russia and a harsh winter in North America would hurt deliveries.
KIEV, March 28- The International Monetary Fund and Ukraine are discussing disbursement of $3 billion in the first tranche of a $14- 18 billion bailout package, Ukraine's finance minister said on Friday.
LONDON, March 28- The Bank of England may try to revive the securitised debt market to support the economic recovery, a policymaker said on Friday, in the latest sign that products that triggered the financial crisis are being brought in out of the cold.
NEW YORK, March 28- Mexico's economic growth in the first quarter of the year is being affected by slower growth in the United States and by poor weather, Mexico Central Bank Governor Agustin Carstens said on Friday.
March 28- In the latest defections to hit Washington, D.C., law and lobbying firm Patton Boggs, nine partners are leaving the firm, according to several sources with direct knowledge of the moves. One of the parting lawyers, Benjamin Chew, led the commercial litigation and antitrust group, while Kevin Boardman had been on the firm's strategic planning committee.
*Consumer spending rises 0.3 percent in February. WASHINGTON, March 28- U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather. The Commerce Department said on Friday that consumer spending increased 0.3 percent last month after rising by a revised 0.2 percent in January.
*Momentum stocks still in focus, Netflix down in premarket. *Red Hat down after outlook, BlackBerry up on results. NEW YORK, March 28- U.S. stock index futures indicated a higher opening on Wall Street Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy.
March 28- Idera Pharmaceuticals Inc said its lead experimental drug for the most common form of psoriasis was found to be safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial. The company's shares rose 40 percent to $5.40 in premarket trading on Friday.
WASHINGTON, March 28- U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather. The Commerce Department said on Friday that consumer spending increased 0.3 percent last month after rising by a revised 0.2 percent in January.
TORONTO, March 28- BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide.
*Emerging market ructions marred Europe Q1 performance. LONDON, March 28- Emerging market ructions have driven a divergence in sector performance on European bourses this year that is likely to ebb in the second quarter as investors become more confident about global economic recovery.
*China investment promise boosts basic resources. LONDON, March 28- European shares rose on Friday and looked set to gain for a second straight week after basic resources stocks got a boost from China.