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Reuters: Basic Materials

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Channel Title: Reuters: Basic Materials
Channel Website: http://www.reuters.com

Channel Description: Reuters.com 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.

 
German property prices to rise by up to 4 pct in 2016-experts
BERLIN, May 3 (Reuters) - Property prices in Germany will rise between three and four percent this year, despite increased construction activity, a survey of Landesbausparkassen (LBS) building societies published on Tuesday showed.
...read more

UPDATE 1-Liberty House to submit bid for Tata Steel UK on Tuesday
LONDON, May 3 (Reuters) - Metals group Liberty House will submit a letter of intent to buy the British assets of Tata Steel on Tuesday, a spokeswoman said, in the first concrete bid since the Indian conglomerate put the business up for sale, threatening thousands of jobs.
...read more

Liberty House to submit bid for Tata Steel UK on Tuesday
LONDON, May 3 (Reuters) - Metals group Liberty House will submit a letter of intent to buy the British assets of Tata Steel on Tuesday, a spokeswoman said, in the first concrete bid since the Indian conglomerate put the business up for sale, threatening thousands of jobs.
...read more

COLUMN-China's appetite for iron ore remained robust in April: Russell
LAUNCESTON, Australia, May 3 (Reuters) - The resurgence in Chinese steel output may continue for at least another month given ongoing strength in iron ore imports, with vessel data suggesting April was at least as strong as the previous month.
...read more

UPDATE 3-ANZ posts biggest earnings drop since 2008; investors cheer reset
* Shares rise nearly 4 pct (Adds details on market reaction)
...read more

CANADA STOCKS-TSX falls as lower oil weighs on energy; telecoms rally
* TSX closed down 85.82 points, or 0.62 percent, at 13,865.63
...read more

Corporate Brazil faces cash risks through 2017 -Moody's
SAO PAULO, May 2 (Reuters) - More Brazilian companies will face increasing liquidity risk through next year as rising borrowing costs and the harshest recession in decades hamper their ability to service debt, Moody's Investors Service said on Monday.
...read more

CANADA STOCKS-TSX falls as lower oil weighs on energy; telecoms rise
TORONTO, May 2 (Reuters) - Canada's main stock index fell on Monday as lower oil prices weighed on energy stocks, offsetting a jump in the shares of Manitoba Telecom Services Inc on news of the company's acquisition by BCE Inc.
...read more

MIDEAST STOCKS-Gulf markets fall; Emaar Properties drops after earnings
DUBAI, May 2 (Reuters) - Stock markets in the Gulf fell on Monday after oil prices pulled back and Dubai blue chip Emaar Properties dropped following the release of its first-quarter earnings.
...read more

U.S. construction spending rises to 8-1/2-year high
WASHINGTON, May 2 (Reuters) - U.S. construction spending rose to an 8-1/2-year high in March and the prior month's outlays were revised higher, pointing to sustained strength in the sector despite a sharp downturn in spending by energy firms.
...read more

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