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Reuters: Basic Materials


Channel Title: Reuters: Basic Materials
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Channel Description: is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Australian gold output slips 2 pct as miners dig lower grade ore
SYDNEY, May 29 (Reuters) - Gold output in Australia, the world's second biggest producer, slipped 2 percent in the first quarter, due in part to mining of lesser grade ores during a period of higher bullion prices, a survey released on Sunday showed. more

CANADA STOCKS-Financial and energy shares help push TSX higher
* Eight of the TSX's 10 main groups higher (Updates prices) more

UPDATE 2-South Africa's Sibanye Gold gets court order to stop strike
JOHANNESBURG, May 27 (Reuters) - South Africa's Sibanye Gold obtained a court order on Friday to stop a strike at its Kroondal platinum mine that was launched by workers demanding that they be given transport. more

WHO guidance on infant milk formulas gets lukewarm backing
GENEVA, May 27 (Reuters) - National health officials stopped short on Friday of fully endorsing World Health Organization (WHO) guidelines to end the aggressive marketing of breast milk substitutes and baby foods for newborn and older infants. more

Monsanto boss could net $70 million from a Bayer takeover
LONDON, May 27 (Reuters) - Monsanto boss Hugh Grant could land more than $70 million if the world's largest seed company is taken over by German chemicals giant Bayer AG. more

CANADA STOCKS-TSX rises as financials rally; resource stocks dip with commodities
TORONTO, May 27 (Reuters) - Canada's main stock index rose on Friday as financials rallied, while resource stocks retreated with commodities and investors waited for possible clues on the timing of U.S. interest rate hikes from Federal Reserve Chair Janet Yellen. more

Czech finance minister's Agrofert group boosts profit in 2015
PRAGUE, May 27 (Reuters) - Czech Finance Minister Andrej Babis' Agrofert group raised net profit by 41 percent to 8.6 billion crowns ($355 million) in 2015, mainly due to improved performance at the chemical division, the group said on Friday. more

UPDATE 2-State Bank of India's outlook eases pain of profit fall
* Central bank-ordered bad loan clean-up has hurt Indian banks (Adds SBI guidance, other state-run bank results) more

UPDATE 5-U.S. panel launches trade secret theft probe into China steel
WASHINGTON/SHANGHAI, May 27 (Reuters) - U.S. regulators launched an investigation on Thursday into complaints by United States Steel Corp that Chinese competitors stole its secrets and fixed prices, in the latest trade spat between the two countries. more

UPDATE 2-ChemChina interested in Germany's SGL Carbon - Manager Magazin
* Shares jump to four-month high (Adds details, background) more

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