Basic Materials


Sika's family owner seeks to overturn AGM decisions about takeover

ZURICH, April 26 - The Swiss family that controls chemicals business Sika said it is seeking to overturn several decisions made at a recent investor meeting over a 2.75 billion Swiss franc ($2.88 billion) takeover by French rival Saint-Gobain.

7:39pm BST

UPDATE 1-India's Ratan Tata buys stake in Chinese phone maker Xiaomi

MUMBAI, April 26 - Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology, a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.

11:37am BST

Saudi's Tasnee picks Asian contractors for titanium sponge plant

KHOBAR, Saudi Arabia, April 26 - Saudi Arabia's National Industrialisation Co (Tasnee) chose Taiwan's CTCI and Japan's Chiyoda Corp to build a titanium sponge plant for its majority-owned Cristal subsidiary, Tasnee said on Sunday.

8:35am BST

Big China steel thrives, stoking export fears

SHANGHAI, April 26 - Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but raising the prospect of a rising tide of exports and increased friction with the European Union and countries such as India.

5:01am BST

Britain's Labour has 2 point lead ahead of election - YouGov poll for Sunday Times

LONDON, April 25 - Britain's opposition Labour Party has a two percentage point lead over Prime Minister David Cameron's Conservatives, according to a YouGov poll for The Sunday Times.

25 Apr 2015
Basic Materials
BHP Billiton PLC 1,564.00p +2.12%
Rio Tinto PLC 3,003.50p +1.54%
Antofagasta PLC 793.50p +1.15%


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