Basic Materials

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Europe's food fight shifts after GM crop vote - TRFN

ROME, Jan 26 (Thomson Reuters Foundation) - Campaign groups and the biotech industry are digging in for a new round of conflict, following the European Union's decision to allow member states to set their own rules on growing genetically modified organisms.

2:54pm GMT

US STOCKS-Futures point to flat open after Greek elections

* Futures up: Dow 8 pts, S&P 1.75 pt, Nasdaq 10.25 pts (Updates prices)

UPDATE 1-Cliffs Natural scraps quarterly dividend, cuts debt

Jan 26 - Iron ore and coal miner Cliffs Natural Resources Inc said it reduced net debt by $400 million and scrapped its quarterly dividend to cut more debt.

Bonds, Regulatory News 1:27pm GMT

COLUMN-Has China's base metals import appetite peaked?: Andy Home

LONDON, Jan 26 - Not so very long ago base metals bulls marched to the beat of the monthly release of China's trade figures.

1:26pm GMT

UPDATE 2-Packaging companies Rock-Tenn, MeadWestvaco to merge

Jan 26 - Packaging companies Rock-Tenn Co and MeadWestvaco Corp will combine to form a company worth $16 billion to take on market leader International Paper Co as demand for corrugated boxes surges in North America.

1:22pm GMT
Basic Materials
BHP Billiton PLC 1,424.50p -0.04%
Rio Tinto PLC 2,882.79p +0.02%
Anglo American PLC 1,114.00p +0.95%

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