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UPDATE 2-Mongolia eyes economic boost from China president's visit

* China, Mongolia sign deals on mining, finance cooperation

6:52pm IST

UPDATE 3-After Russia targets McDonald's, businesses wonder who's next

* Food safety watchdog to check McDonald's outlets across Russia

6:21pm IST

Mauritanian president names ex-mining official as prime minister

NOUAKCHOTT, Aug 21 - Mauritania's newly re-elected President Mohamed Ould Abdel Aziz has named a former senior official with the West African nation's state-owned mining and construction companies as prime minister, according to a presidential decree.

6:07pm IST

UPDATE 1-Rusal indicates record $460 premium for Oct-Dec aluminium to Japan-sources

TOKYO, Aug 21 - United Company Rusal Plc , the world's biggest aluminium producer, has kicked off talks with Japanese buyers at a record high premium of $460 per tonne for October-December shipments of the metal, according to three sources.

5:00pm IST

Rusal indicates record $460 premium for Oct-Dec aluminium to Japan-sources

TOKYO, Aug 21 - United Company RUSAL Plc , the world's biggest aluminium producer, has kicked off talks with Japanese buyers at a record high premium of $460 per tonne for October-December shipments of the metal, according to three sources.

4:52pm IST
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RBI reiterates commitment to bring down inflation

MUMBAI - The Reserve Bank of India (RBI) reiterated on Thursday its commitment to bring down the consumer price index to 6 percent by January 2016, saying it was ready to use monetary policy to address high inflationary expectations and sticky core inflation.