12 Jun 2012Commodities

Saudi Arabia set to clash with Opec over output

below.http://www.ft.com/cms/s/fef023e6-b3e2-11e1-a3db-00144feabdc0,Authorised=false.html...

Source : FT | 342 Day(s) AgoCategory : Commodities

Bolivia threatens Glencore mine control : FT

Output hikes can be a crude tactic : FT

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DDINews

Darekar's twin strikes reduce West Indies 'A' to 63-3 at lunch

Left-arm spinner Akshay Darekar struck twice to help India ‘A’ reduce West Indies ‘A’ to 63 for three at lunch on the third day of their second unofficial cricket Test here today.Darekar claimed two wickets for nine in 10 overs, while fast bowler Shami Ahmed drew the first blood after the hosts resumed their second innings at six without loss today.India ‘A’ dominated the pre-lunch session on day 3...

Source : India TV | 342 Day(s) AgoCategory : Commodities

India tottering at 57/4 chasing 220-run target : Zeenews

Johnson leaves India A in trouble : Cricinfo

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Spain and Italy bond yields rise

and Italy's borrowing costs rose on Tuesday as the initial optimism that greeted the Spanish bank bailout continued to evaporate.Spain's benchmark 10-year bond yields hit 6.65%, nearing the six-month highs seen in May. Italy's 10-year bond yield rose to 6.19%, not seen since January.The interest rates are seen as unsustainable in the long run for two countries weighed down by huge debts.Although Europe's...

Source : BBC | 341 Day(s) AgoCategory : Commodities

Developing nations to face bumpy ride - World Bank : Reuters India

Ethanol Falls Most in More Than Week on European Debt Concern : Bloomberg

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Record fall in 'NHS satisfaction'

survey formed part of the wider British Social Attitudes Survey, which covers a whole host of policy areas.When asked what they think of their care, most patients are grateful for their treatment and give the NHS a thumbs up.This is illustrated by the results of the latest annual patients survey, which reveals nine in 10 would rate their care as good, very good or excellent.Understandably, ministers...

Source : BBC | 341 Day(s) AgoCategory : Commodities

Jim Rogers to buy more gold if prices fall to $1300 : Commodity Online

Jaya demands more kerosene allocation for Tamil Nadu : Times Of India

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Bloomberg

India's powerhouse economy grinds to a halt as UK investors count the cost of backing Asian funds

India's powerhouse economy grinds to a halt as UK investors count the cost of backing Asia fundsIndia today revealed its economy had slowed to a virtual standstill as the ill-effects of the eurozone debt crisis continue to ripple out around the world.India's economic output rose just 0.1 percent in April - far lower than the expected 1.7 per cent increase.The economy was expanding closer to 10 per...

Source : dailymail | 341 Day(s) AgoCategory : Commodities

Goldman Sachs Hires Mark Schwartz as Chairman of Asia-Pacific : Bloomberg

OECD says compulsory saving ideal solution for pensions crisis as UK ploughs ahead with opt out s : dailymail

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Livemint

Oil rises ahead of key OPEC meeting

are little changed ahead of a key OPEC meeting that could become a showdown between Saudi Arabia and Iran over how much oil the organization is producing.Benchmark oil rose 30 cents to $83 per barrel Tuesday in New York. Brent crude, which is used to price international varieties of oil, fell 86 cents to $97.14 per barrel. Brent has fallen about 22 percent since reaching a high of $126.22 for the year...

Source : Yahoo Finance | 341 Day(s) AgoCategory : Commodities

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European financial crisis tempers gold price gain

prices rise slightly as Spain's bailout loan does little to ease European debt concernsThe price of gold rose slightly Monday after a rescue loan for Spain did little to alleviate investor concerns about a long-term solution to Europe's financial crisis.Gold for August delivery topped $1,600 an ounce early Monday but ended at $1,596.80 an ounce, which was a gain of $5.40 from Friday's closing pric...

Source : Yahoo Finance | 342 Day(s) AgoCategory : Commodities

India's Suzlon gets more time to repay foreign bonds

June 11 (Reuters) - India's Suzlon Energy on Monday said bondholders have agreed to give thecompany 45 days more to repay foreign currency bonds maturing inJune.Suzlon, the world's fifth-largest wind manufacturer bycumulative installed capacity, now has until July 27 to repay$360 million of foreign currency convertible bonds. It has torepay another $207 million bonds in October.Bondholders met on Monday...

Source : Sify | 342 Day(s) AgoCategory : Commodities

Police get more time to conduct probe against Vilasrao Deshmukh : Times Of India

Maoists torch 3 more kendu leaf godowns : Times Of India

UPDATE 2-New Mozambique gas find boosts bid target Cove

LONDON, June 11 (Reuters) - U.S. firm Anadarko PetroleumCorp announced a further major gas find off the coast ofMozambique on Monday, raising the stakes in the bid war forLondon-listed partner, Cove Energy.The takeover battle for Cove could now have further to run,analysts say, with Royal Dutch Shell returning to thefray after Cove last month agreed to a $1.9 billion offer fromThailand's state oil...

Source : Sify | 342 Day(s) AgoCategory : Commodities

Livemint

US exempts India, six others from Iran sanctions

Delhi."I have made the determination that seven economies India, Malaysia, Republic of Korea, South Africa, Sri Lanka, Turkey and Taiwan - have all significantly reduced their volume of crude oil purchases from Iran," Secretary of State Hillary Clinton said in a statement on 11 June 2012.She said exemptions from US sanctions would be granted to these nations. In March, she made exemptions for European...

Source : DDINews | 341 Day(s) AgoCategory : Commodities

US exempts India, six others from Iran sanctions : Sify

US waives sanctions over Iran oil : BBC

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