Japanese aluminum buyers will mostly pay record high premiums of $420 per tonne over London Metal Exchange (LME) prices for October-December shipments, up 3-5 percent from the prior quarter, five sources directly involved in the talks said.
Legal & Regulatory
China to stick to targeted easing in monetary policy: Premier
China will continue leading a prudent monetary policy with focus on targeted easing measures, Premier Li Keqiang said, according to a statement published on a central government website.
ESM's chief says EU, IMF in no mood for a Greek debt haircut
Greece's international creditors have no appetite for considering a haircut as a way to lighten its debt load, the head of the European Stability Mechanism, the euro zone's bailout fund organization, told Greek Sunday newspaper Realnews.
Air France pilots extend strike until Sept. 26
Air France pilots have voted to extend their week-long strike over cost cuts and plans for the company's Transavia unit by a further four days until Sept. 26, the head of the SNPL union said on Saturday.
German defense industry threatens to move production abroad
Germany's defense industry lobby has warned that companies were looking into shifting production abroad in response to the country's restrictive arms export policy.
Latest News
A looming gas glut worldwide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of U.S. liquefied natural gas they had committed to buy several years ago, signaling tempered enthusiasm for U.S. energy.
Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations.
The Trendlines Group Ltd. ("Trendlines" or the "Company") has filed a final prospectus with the securities regulatory authorities in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and Nova Scotia in connection with the initial public offering (the "Offering") of its ordinary shares. A copy of the final prospectus is available on the SEDAR website at www.sedar.com.
French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.
Hyatt Hotels Corp (H.N) said it will sell as franchises 38 select service hotels to a company organized by Lone Star Funds for about $590 million.
Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security center designed to look like a jewel box, where collectors can store and trade valuables without paying customs or sales tax.
The Bank of Japan bought one-year government bills at negative yields in market operations on Friday, traders said, setting a new milestone as it pushes its aggressive asset purchase scheme.
Cerner Corp and Athenahealth Inc, two leading U.S. electronic health record providers, said on Thursday they are working with Apple Inc to develop applications that leverage Apple's mobile health service HealthKit.
German business software maker SAP (SAPG.DE) said on Thursday it has agreed to acquire U.S.-based expense management software maker Concur Technologies Inc (CNQR.O) in an all-stock deal valued at $7.3 billion that expands its presence in internet-based software or so-called cloud computing.
