Trying to Spread Africa's Wealth The New York Times | NICE — In years past, Africa was always the outsiders’ cornucopia, the font of gold and diamonds, slaves and minerals, cotton and rubber and, more latterly, oil. | These days, the continent’s riches draw a new cast of prospectors and predators, but the question is the same: who b...
Deutsche declines comment on talk of aluminium ETF plan Mining Weekly | LONDON – Deutsche Bank on Friday declined to comment on market talk that it will launch a physically-backed aluminium exchange traded product (ETP) by the end of this year. | Metal traders told Reuters this week that the German Bank was preparing to follow the world's top aluminium producer, Ru...
Market Report: Nerves jangle over report into Shire's ADHD drug The Independent | Shire lost ground last night amid nervousness about American studies looking into the safety of the company's attention deficit hyperactivity disorder (ADHD) drugs. | American regulators are looking to into concerns over potential heart risks from ...
The Web's New Gold Mine: Your Secrets Wall Street Journal By JULIA ANGWIN | Hidden inside Ashley Hayes-Beaty's computer, a tiny file helps gather personal details about her, all to be put up for sale for a tenth of a penny. | The file consists of a single code— 4c812db292272995e5416a323e79bd37—t...
Baja Mining gets key approvals for Mexico project finance Mining Weekly | TORONTO (miningweekly.com) – Vancouver-based Baja Mining has received credit approvals from two key lenders providing finance to build its Boleo copper/cobalt/zinc mine, the firm said this week. | Credit approvals were received from the Export-Im...
Beating the Herd on the Street Wall Street Journal By BEN LEVISOHN | The market has been behaving strangely recently, with stocks moving in virtual lockstep with one another. | But that isn't likely to last forever, and some investors are setting up trades designed to benefit when the market returns ...
Eco-disasters up by 98% in China Gulf News | Beijing: China, the world's largest polluter, said the number of environmental accidents rose 98 per cent in the first six months of the year, as demand for energy and minerals lead to poisoned rivers and oil spills. | "Fast economic deve...
AP / Richard Drew
GLOBAL MARKETS-Stocks, dollar ease on weak U.S. durable goods The Guardian * World stocks dip, but on Wall St, Dow up at midday * Dollar drops vs yen after U.S. durable goods report * Bonds flat to down ahead of 5-year note auction * Oil drops below $77 a...
Arcelor makes Q2 net income of $1.7 billion Herald Tribune | BRUSSELS, Belgium - ArcelorMittal SA, the world's biggest steelmaker, said Wednesday a jump in sales and prices helped it generate net income of $1.7 billion in the second quarte...
Gold tumbles again The Times Of India GOLD: Gold recovered a little from previous day losses rose above $1,160 an ounce in Europe today but could not hold at this level and again tumbled to 12-week low to 1156.90 as pr...
Deutsche declines comment on talk of aluminium ETF plan Mining Weekly | LONDON – Deutsche Bank on Friday declined to comment on market talk that it will launch a physically-backed aluminium exchange traded product (ETP) by the end of this year. | Metal traders told Reuters this week that the German Bank was preparing to follow the world's top aluminium producer, Russia's UC RUSAL, which has said is considering an ...
China finds a friend in Germany Asia Times | Jul 31, 2010 China finds a friend in Germany | By Jian Junbo | SHANGHAI - China and Germany are moving toward a closer and friendlier partnership, a process that seemed highly unlikely just three years ago and which could provide Beijing with an influential ally on the world stage. | In mid-July, German Chancellor Angela ...