Basic Materials


Australia shares seen cautious ahead of earnings results

Australian shares are likely to open hesitantly after Wall Street edged higher but with investors scrutinising a string of earnings results due out on Thursday. * Local share price index futures rose 19 points to 5,625, a 9.6-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 10.8 points at close of trade on Wednesday * New Zealand's benchmark NZX 50 index fell 10.8 points to 5,129.5 in early trade. * U.S. stocks ended mostly higher after the Federal Reserv

12:55am BST

UPDATE 1-Carlyle-backed Axalta Coating files for IPO

Aug 20 - Axalta Coating Systems Ltd, a paint coatings company backed by buyout firm Carlyle Group LP, filed with U.S. regulators on Wednesday for an initial public offering of common stock.

Mexico Congress urges end to Grupo Mexico major copper mine concession

MEXICO CITY, Aug 20 - Mexico's Congress on Wednesday urged the government to cancel Grupo Mexico's concession to operate one of the world's biggest copper mines after a toxic spill there earlier this month.

20 Aug 2014

Indian firms tool up for defence orders on Modi's 'buy India' pledge

* Top arms importer forecast to spend $250 bln in next decade

20 Aug 2014

UPDATE 3-U.S. fines Berkshire over stock deal, Buffett admits mistake

Aug 20 - Warren Buffett's Berkshire Hathaway Inc agreed to pay an $896,000 fine to settle U.S. government accusations that it violated antitrust rules by failing to report a transaction that boosted its stake in building products company USG Corp.

Bonds, Regulatory News 20 Aug 2014
Basic Materials
BHP Billiton PLC 1,979.00p +0.71%
Rio Tinto PLC 3,458.00p +1.27%
Anglo American PLC 1,594.00p +0.98%


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