Non-Cyclical Consumer Goods
PERTH, March 8 - Wesfarmers Ltd, one of Australia's largest retailers, plans to sell its insurance broking business via an initial public offering worth around A$1.12 billion ($1.02 billion), media reported on Saturday.
CHICAGO, March 7 - Hog futures at the Chicago Mercantile Exchange surged 6.5 percent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders and industry sources said on Friday.
March 7 - Cases of the deadly Porcine Epidemic Diarrhea virus, a highly contagious pig disease, are increasing across the U.S. farm belt, a group of animal health researchers said.
WINNIPEG, Manitoba/OTTAWA, March 7 - Canada's government took the drastic step on Friday of forcing the country's two major rail companies to each ship at least 500,000 tonnes of grain per week to ease a massive backlog that is hurting farmers.
OTTAWA, March 7 - The United States defused a brewing, and cordial, crisis with Canada on Friday, after Prime Minister Stephen Harper joked that Barack Obama has yet to deliver the beer he promised if the U.S. hockey teams lost to Canada in the Olympics.
MUMBAI - The Nifty rose as much as 2.1 percent to a record high, and the Sensex hit its record for a second consecutive session, as foreign investors bet big in a country that just months ago was gripped by market turmoil.