Coal India Dec-qtr net jumps 54 pct
State-run miner Coal India posted a better-than-expected 54 percent rise in its December-quarter net profit, helped by strong production volumes and a price increase effected last February. Full Article
Reuters Showcase
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Italy's Berlusconi backs ban of futures markets
ROME, Sept 29 |
ROME, Sept 29 (Reuters) - Italian Prime Minister Silvio Berlusconi said on Tuesday futures' markets should be heavily regulated and possibly even scrapped altogether to fight speculation.
"I myself put this issue on the table at the G8, G14 and last week at the G20," Berlusconi told a TV talk show, adding that the International Organisation of Securities Commissions (IOSCO) was looking into the matter.
"We have given a mandate to IOSCO to look at the futures markets with the aim of regulating them and, above all, perhaps even banning them," he said.
He mentioned oil, steel, copper and food commodities as examples of markets where speculation played a heavy role.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters