Basic Materials


COLUMN-Goodbye Shanghai, hello Qianhai: HKEx's quest for a metals connector: Andy Home

LONDON, Oct 27 When Hong Kong Exchanges and Clearing (HKEx) bought the venerable London Metal Exchange (LME) in 2012, the narrative was all about China.

4:26pm IST

Dow Chemical revenue rises 3.7 pct as volumes jump

Oct 27 Dow Chemical Co, which is merging with DuPont, reported a 3.7 percent rise in quarterly revenue as volumes jumped 10 percent.

4:15pm IST

Mexican cement producer Cemex's quarterly sales rise 4 pct

Oct 27 Mexico's Cemex, one of the world's largest cement producers, said third-quarter consolidated net sales rose 4 percent, helped by increased prices and higher volumes in Mexico, Europe, Asia, Middle East and Africa.

4:02pm IST

UPDATE 2-Brazil miner Vale posts Q3 net profit of $575 mln

BRASILIA, Oct 27 Brazilian miner Vale SA on Thursday reported third quarter net profit of $575 million, as the world's largest producer of iron ore returned to profit after a hefty loss during the same quarter last year.

3:47pm IST

Potash Corp Q3 sales fall about 26 pct

Oct 27 Potash Corp of Saskatchewan , the world's biggest fertilizer company by capacity, reported a 25.7 percent drop in quarterly sales, as potash prices remained weak.

3:42pm IST
BSE OIL & GAS -0.72%
BSE AUTO -1.36%
BSE POWER -0.45%
BSE-CG -0.56%


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Ousted Tata boss's hostile defence takes boardroom battle public

NEW DELHI Days after he was ejected as chairman of Tata Sons, Cyrus Mistry has stunned India with a hostile 5-page letter outlining governance failures, poor decisions and looming writedowns at one of the country's most revered conglomerates.