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Basic Materials

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UPDATE 1-EU, US, Japan to slam WTO countries flooding global markets

BUENOS AIRES, Dec 12 The European Union, United States and Japan will issue a joint statement on Tuesday criticizing countries with too much factory capacity, though it will not directly name China, a major source of concern, EU Trade Commissioner Cecilia Malmstrom said.

11:14pm IST

UPDATE 2-Glencore sees battery minerals powering profit in 2017 and beyond

* Says has "zero interest" in lithium (Updates with share price, further detail)

11:08pm IST

Mexico government bans Odebrecht unit from public contracts for 4 yrs

MEXICO CITY, Dec 12 The Mexican government has banned an affiliate of construction company Odebrecht from bidding for federal public contracts for four years, in an investigation stemming from the bribery scandal that has engulfed the Brazil-based builder.

11:03pm IST

UPDATE 2-Britain's FTSE touches 30-day high as oil prices rise, pound slips

* Sainsbury and Morrison fall (Adds closing prices, comments)

10:31pm IST

UPDATE 3-Broken pipeline cuts British supply during peak energy demand

* Brent jumps above $65 for first time since mid-2015 (Adds Scottish energy minister, IEA comment)

9:46pm IST
BSE OIL & GAS -0.52%
BSE BANKEX -1.02%
BSE METALS -0.75%
BSE REALTY -1.62%
BSE AUTO -0.79%
BSE POWER -1.24%
BSE-CG -0.93%

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