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Copper rallies, on track for 10 pct Q1 advance

London copper climbed on Friday, tracking strength in equity markets, and prices were headed for a more than 10 percent quarterly gain, although an early advance this year has been pinned back by sluggish demand growth in top consumer China.

Markets10 years ago

Markets

France beats deficit target for 2011

PARIS - France beat its deficit-cutting target for 2011 and saw higher-than-expected consumer spending in February in a boost for President Nicolas Sarkozy’s government three weeks from a presidential election.

Markets10 years ago

Markets

Total mulls options to put out North Sea flare

France’s Total is laying plans including a helicopter water drop, fire-fighting vessels and spraying nitrogen to extinguish a flare on its Elgin North Sea gas platform that is leaking explosive clouds of gas, the UK energy department said.

Markets10 years ago

Markets

World stocks drift before US, China data

BANGKOK — Asia’s major stock markets were mostly lower Friday as nervous investors turned their focus to China after digesting a report showing a slowdown in Japanese industrial production. European shares, though, headed higher.

Markets10 years ago

Markets

Iran helps Syria ship oil to China

LONDON - Iran is helping its ally Syria defy Western sanctions by providing a vessel to ship Syrian oil to a state-run company in China, potentially giving the government of President Bashar al-Assad a financial boost worth an estimated $80 million.

Markets10 years ago

Markets

Opposition grows to Indonesia fuel price hike

Leading Indonesian political parties said on Friday they will oppose a government plan to raise fuel prices unless oil prices climb further, dealing a blow to the ruling party’s efforts to control a swelling budget deficit in Southeast Asia’s largest economy.

Markets10 years ago

Markets

US stock index futures slightly higher

· U.S. stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.2 percent at 1007 GMT.

Markets10 years ago

Markets

Gulf Credit gives $25m credit line

Abu Dhabi’s Gulf Credit Partners, the regional credit business, which was recently launched by Gulf Capital, has successfully completed $25 million credit transaction, its first financing transaction for a locally based company SES FZCO.

Markets10 years ago