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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.

UPDATE 1-Rio Tinto hits 2016 iron ore guidance, 2017 target intact
* 4th quarter sales exceed output (Adds comment, other commodities details) more

CANADA STOCKS-TSX dips, pressured by financials and auto stocks
* TSX closes down 17.99 points, or 0.12 percent, at 15,479.29 more

Brazil to boost new crop financing by about 20 pct -Temer
BRASILIA, Jan 16 (Reuters) - Brazil will increase a subsidized credit line available to farmers to prepare for the 2017-2018 crop by about one-fifth to 12 billion reais ($3.72 billion), President Michel Temer told Reuters on Monday. more

Britain's FTSE ends historic rally, dragged down by banks' 'hard Brexit' worries
LONDON, Jan 16 (Reuters) - Britain's top share index ended its record 14-day winning streak on Monday, finishing down for the first day since Dec. 21, as banking stocks slumped on 'hard Brexit' worries ahead of Theresa May's speech on Tuesday. more

CANADA STOCKS-TSX slips as Trump talk weighs on auto stocks
TORONTO, Jan 16 (Reuters) - Canada's main stock index pulled back in morning trade on Monday, with several auto parts makers losing ground as U.S. President-elect Donald Trump upped pressure on carmakers to build locally. more

At least two dozen dead in ethnic clashes in southeastern Congo
KINSHASA, Jan 16 (Reuters) - At least two dozen people, most of them women, have been killed over the past week in ethnic violence between Bantus and Pygmies in southeastern Democratic Republic of Congo, a U.N. human rights official said on Monday. more

UPDATE 2-Atlas Copco to split group, company veteran Rahmstrom named new CEO
* Company insider Rahmstrom appointed new CEO (Adds new comments from Chairman, analysts, updates background details) more

CANADA STOCKS-TSX slips as energy stocks weigh, Stella-Jones falls
TORONTO, Jan 16 (Reuters) - Canada's main stock index slipped in early trade on Monday, with energy stocks lower as investors fret about oversupply, while lumber company Stella-Jones Inc plunged on price target cuts after warning of lower profit and revenue. more

COLUMN-U.S. complaint against China's aluminium sector risks back-firing: Andy Home
LONDON, Jan 16 (Reuters) - The gloves have just come off in the simmering dispute between the United States and China about that country's rising exports of aluminium. more

MIDEAST STOCKS-Sinking banks drag down Saudi stocks, rest of region mixed
DUBAI, Jan 16 (Reuters) - A slide in banking shares after earnings at a major bank missed analysts' estimates dragged down Saudi Arabia's stock market on Monday, while markets in the rest of the region were mixed. more

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