Basic Materials


Carlyle nears $5 billion deal for Acosta -source

NEW YORK, July 28 - Carlyle Group LP is in advanced talks to acquire Acosta Sales and Marketing, in a deal that could value the consumer goods marketing agency at close to $5 billion including debt, a person familiar with the matter said on Monday.

Steelworkers strike against job cuts at Italy's Terni plant

LONDON, July 28 - Hundreds of workers downed tools on Monday at Italy's largest stainless steel plant in Terni in opposition to a restructuring plan, under which about 550 jobs would be cut and production halved.

28 Jul 2014

CORRECTED-UPDATE 3-Rouble, stocks down after Russia says will challenge Yukos ruling

(Corrects bullets, lead to say $50 billion not $51 billion)

28 Jul 2014

Court appeal to move LME closer to cutting warehouse backlogs

* LME to give three-month notice on rules if wins case-source

28 Jul 2014

UPDATE 1-TransAlta to build $536 mln power station in Australia

July 28 - Canadian power company TransAlta Corp said it would build a A$570 million ($536 million) gas power station in South Hedland, Western Australia.

28 Jul 2014
BSE OIL & GAS -1.29%
BSE-IT +0.37%
BSE AUTO -0.78%
BSE POWER -0.16%
BSE-FMCG +0.38%
BSE-CG -0.66%
BSE-HC +0.16%


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Sector Summary


Hindustan Unilever sees no demand recovery though sales improve

MUMBAI - Hindustan Unilever Ltd (HUL) sees no immediate sign of recovery in demand for consumer goods after a transport strike last year helped sales volume in April-June outgrow estimates for the first time in eight quarters.