Tag «metals»

Shanghai Surprise: Market does a trapeze on China concerns

25th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Shanghai Surprise: Market does a trapeze on China concerns The benchmark indices closed off the day’s high on Tuesday amid huge volatility. It opened flat, bounced back, but failed to sustain thrice. However, a strong opening in Europe and a recovery in …

Glencore signs USD 17,340 million Revolving Credit Facilities

 Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous revolving credit facilities of both Glencore and Xstrata plc. The Facilities were initially launched at USD 12 billion and closed …

13th May, 2013 : April deficit shocks, mkt shivers

After hitting a new calendar year high and surging past the 6100 mark in Saturday’s special trading session, profit-booking gripped the Nifty. It fell sharply in trade today registering its biggest intra-day percentage fall since May 8, 2012. Higher-than expected trade deficit numbers for April was all that the markets needed to free fall – …

OUTOTEC : CHANGES IN OPERATIONAL STRUCTURE, REPORTING SEGMENTS AND EXECUTIVE BOARD

CHANGES IN OPERATIONAL STRUCTURE, REPORTING SEGMENTS AND EXECUTIVE BOARD In order to accelerate Outotec’s transformation into a full life cycle solutions provider and enhance value creation for customers and shareholders, Outotec has decided to change its corporate operating model and organization structure. The change further aims at strengthening product and technology leadership and the scalability …

Rio Tinto Investor Seminar

Rio Tinto is holding an investor seminar in London and New York today that includes an in-depth look at its Copper product group and its Technology & Innovation group. Highlights from the presentations: • Rio Tinto’s strategy of maximising shareholder value by investing in and operating large, long-term, cost-competitive mines and assets is unchanged. • …