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  • SYDNEY, Sept 17- London copper price hit their highest in nearly two months on Thursday after a powerful earthquake off the coast of Chile sparked concerns about supply disruptions in the world's biggest copper producer. The magnitude 8.3 earthquake shook buildings in the capital Santiago and generated a tsunami warning for Chile and Peru.

  • Sept 16- Industrial gas producer Air Products and Chemicals Inc said it planned to spin off its materials technologies business into a publicly traded company before September 2016. Shares of the company, whose largest shareholder is Bill Ackman's Pershing Square Capital Management LP, were up 3 percent at $142.90 in after-market trading on Wednesday.

  • *China turning to renewable energy in its' war on pollution'. Reuters calculations based on government and industry projections for the growth of cleaner energy in China suggest that demand from the sector could boost global copper consumption by around 2 million tonnes, or about 2 percent, over the rest of the decade. The extra appetite from China, the world's...

  • Sept 16- Potash Corp of Saskatchewan is not actively discussing its takeover proposal with Germany's K+ S, but remains interested in a combination of fertilizer producers that would aid North American potash sales and offer new access to Europe, Chief Executive Jochen Tilk said on Wednesday. Potash Corp's standing offer of 7.9 billion euros or 41 euros per...

  • Sept 16- Mining and trading group Glencore has raised $2.5 billion through a share placement as investors including senior managers upped their bets on the company to help it cut debt and protect its credit rating. Glencore said on Wednesday it had placed around 1.31 billion new shares, representing 9.99 percent of its share capital, with existing and new...

  • UPDATE 1-Glencore raises $2.5 billion in share placement Wednesday, 16 Sep 2015 | 2:53 AM ET

    Sept 16- Mining and trading group Glencore said on Wednesday it has raised $2.5 billion through a share placement as part of its plans to cut debt built up through years of rapid expansion. Glencore said on Tuesday that it planned to place up to 1.31 billion new shares, representing 9.99 percent of its share capital. Glencore directors and employees have taken up...

  • China says steel export limits won't solve trade tensions Wednesday, 16 Sep 2015 | 1:06 AM ET

    BEIJING, Sept 16- Using anti-dumping measures to restrict Chinese steel exports will not provide a lasting solution to growing trade tensions in the sector, which is suffering from overcapacity on a global scale, China's commerce ministry said on Wednesday. But Shen Danyang, spokesman for the Ministry of Commerce, told reporters that there were no grounds to...

  • TOKYO, Sept 16- The dollar firmed in Asian trade on Wednesday, buoyed by a rise in U.S. yields after upbeat consumer spending data kept alive hopes that the U.S. The Commerce Department said retail sales excluding automobiles, gasoline, building materials and food services increased 0.4 percent in August after an upwardly revised 0.6 percent increase in July.

  • "While we appreciate the incredibly difficult market conditions faced by all UK steel producers, we believe a lack of support from the UK government in vital areas such as energy, environmental and business taxes and procurement threaten the very future of the UK steel industry," said a spokesman for the Community union in a statement. Media reports said the jobs...

  • One of the keys to keeping carbon emissions flat in 2014 was significantly lower coal consumption in China, the world's top greenhouse gas emitter: a 2.9 per cent drop, reported in preliminary Chinese data in February. It was the first fall in coal use by China this century. But in May, China's National Bureau of Statistics released a China Statistical Abstract, not...

  • *Africa's richest man upbeat on continent's growth prospects. LAGOS, Sept 15- Africa's richest man, Aliko Dangote, plans to launch several new cement and sugar plants as well as mines across the continent, accelerating an expansion outside his Nigerian home market and shrugging off a downturn in Africa. In August, his Dangote Cement said it had signed contracts...

  • TOKYO, Sept 15- Japanese manufacturers' confidence slumped the most in a year in September to an eight-month low and is forecast to worsen further as fears of a China- led global economic slowdown grow, a Reuters poll showed. The Reuters Tankan- which closely tracks the Bank of Japan's quarterly tankan survey due on Oct. 1- gave the latest glimpse of corporate morale...

  • TOKYO, Sept 15- Japanese manufacturers' confidence slumped the most in a year in September to an eight-month low and is forecast to worsen further as fears of a China- led global economic slowdown grow, a Reuters poll showed. The Reuters Tankan- which closely tracks the Bank of Japan's quarterly tankan survey- gave the latest glimpse of corporate morale after...

  • CHICAGO, Sept 14- Ford Motor Co will begin in the fourth quarter to use multiple components in its high-selling F-150 pickup model made from an advanced Alcoa Inc aluminum alloy that is tough enough to replace steel parts yet significantly lighter, both companies said on Monday. The two corporations also announced a joint development agreement to collaborate...

  • RIO DE JANEIRO, Sept 14- Murilo Ferreira will take a leave of absence as chairman of state-run oil firm Petrobras, turning his full attention to his job as chief executive of Vale SA as the mining giant grapples with a downturn in the sector. Petroleo Brasileiro SA, as the company is formally known, did not give a reason for Ferreira's leave, which it said would last...

  • NEW DELHI, Sept 14- India imposed a 20 percent import tax on some steel products with immediate effect on Monday, Finance Minister Arun Jaitley said, as the government investigates a threat to domestic companies from rising imports from China, Japan, South Korea and Russia. The products subject to the new tax together accounted for more than half of the 5.5 million...

  • European shares retreat, focus on Fed meeting Monday, 14 Sep 2015 | 10:26 AM ET

    LONDON, Sept 14- European equities fell in late trading on Monday, led lower by weaker mining stocks, with investors growing jittery ahead of the Federal Reserve's policy meeting later this week. Copper was down 1.2 percent, alongside Chinese equities, after data showed a lower-than-expected rise in China's factory output, reinforcing worries about demand for...

  • *South Korea already filed WTO appeal over U.S. duties. LONDON, Sept 14- Turkey is considering lodging an appeal with the World Trade Organization against a U.S. move to slap anti-dumping duties on imports of Turkish steel pipes, an industry group told Reuters. In a big win for U.S. steel pipe makers, the U.S. International Trade Commission ruled last year that imports...

  • *China factory, IP numbers disappoint at the weekend. MELBOURNE, Sept 14- London copper turned lower on Monday amid persistent concerns about the pace of China's growth, while a soft dollar cushioned losses as traders looked ahead to this week's pivotal Federal Reserve monetary policy decision. The dollar held at its weakest since late August against a basket of...

  • DuPont to face first trial over C-8 exposure Monday, 14 Sep 2015 | 1:00 AM ET

    NEW YORK, Sept 14- Chemical giant DuPont Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical that leaked into their drinking water. Carla Marie Bartlett is among the approximately 3,500 plaintiffs who have sued DuPont in federal court in...

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