COMMODITIES
17 Nov
Zimbabwe's President Mugabe makes first public appearance in days after military takeover
robert mugabe zimbabue

Robert Mugabe has made his first public appearance after being placed under house arrest by the country's military on Wednesday.

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17 Nov
Credit card providers to seek customer consent before raising credit limits
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Credit card providers have agreed with the Financial Conduct Authority to ask customers' permission before raising their credit card limits, after research found this was a contributing factor to debt problems for many people.

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17 Nov
Steppe Cement completes repayment of bonds
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Kazakhstan-based, leading construction materials producer Steppe Cement has completed the repayment of bonds issued on 21 November 2012 for 1. 5bn Kazakh Tenge, the firm announced on Friday.

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17 Nov
Commodities: Metals still under selling pressure, Bitcoin hits record
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The commodities complex came under slight selling pressure on Thursday even as risk sentiment improved as traders remained jittery in the wake of recent losses across the space.

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16 Nov
Fed's Mester says impact of ageing on interest rates is unclear
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The impact that older demographics will have on interest rates is unclear, a top US central bank official believes.

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16 Nov
NAHB housing market index hits eight-month high in November
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Sentiment among US housebuilders unexpectedly improved in November, hitting an eight-month high, according to data released on Thursday.

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16 Nov
Autos and chemicals boost US industrial production in October
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US manufacturing roared back into life in October, amply offsetting a large drop in mining output.

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16 Nov
US import prices rise by less than forecast in October
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Import prices in the States rose by less than expected last month despite a large increase in the cost of fuel imports.

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16 Nov
US jobless claims unexpectedly rise
City workers

The number of Americans filing for unemployment benefits unexpectedly rose last week, according to data from the Labor Department.

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16 Nov
Indian Supreme Court demands Government regulate Bitcoin
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The Supreme Court of India called on the nation's government on Tuesday to take steps to regulate the use of crypto-currencies such as bitcoin.

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16 Nov
Philly Fed index slips by more than forecast in November
renault

Activity in the US mid-Atlantic factory sector cooled slightly more than expected in November, the results of a widely-followed survey revealed, although a key sub-index tied to the pace of new orders continued to push higher.

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16 Nov
Euro area CPI slips in October, Eurostat confirms
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Consumer prices in the euro dipped in October amid broad-based declines outside of food, alcohol and tobacco.

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16 Nov
Greka Drilling enters three-year drilling contract with Oil and Natural Gas Operation
Oil and gas drilling in India

Greka Drilling has entered into a three year drilling contract with Oil and Natural Gas Operation for its Bokaro CBM asset in India, it announced on Thursday.

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16 Nov
Bitcoin getting 'more attention than it deserves' - Morgan Stanley CEO
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Investors who think Bitcoin is a stable investment are “deluding themselves”, Morgan Stanley CEO James Gorman has said.

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16 Nov
Europe makes progress with China on steel dumping talks
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The European Commission and China have agreed to cooperate on trade and competition, after the two sides set up a dialogue on state aid.

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16 Nov
Mugabe remains under house arrest as Zimbabwe waits on army
robert mugabe zimbabue

Zimbabwean president Robert Mugabe remains under house arrest in the capital of Harare as citizens of the country wait on the next move of the army.

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16 Nov
BHP Billiton expects continued volatility in markets
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BHP Billiton's chairman said the miner expects economic volatility to persist as the US, Europe and China face challenging transitions.

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15 Nov
Commodities: Russia does not see need to extend supply cuts at next OPEC meeting
Russia

Commodities were mostly lower again on Wednesday amid a continued 'risk-off' tone to trading as optimism regarding the prospect for US tax reforms continued to ebb.

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15 Nov
US open: Stocks come off lows after stronger than expected data
Wall street america US USA signs

Wall Street is trading slightly lower, but well-off its intra-day lows, following the release of stronger than expected consumer price inflation and retail sales data for October and amid lingering concerns about the progress being made by the White House on tax reforms.

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15 Nov
US crude stockpiles rise alongside domestic output and imports, DoE says
ineos grangemouth refinery

US crude oil and product stockpiles were mostly higher last week against a back drop of rising domestic production and net imports.

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