Basic Materials


GLOBAL MARKETS-Stocks, euro fall as German data, U.S. earnings disappoint

* Euro dips, European shares subdued after downbeat German Ifo survey * Wall Street lower in early trading *, Visa down after disappointing results * Russian shares, rouble, bonds fall; central bank surprises with rate hike (Updates with U.S. market opening, changes dateline; previous LONDON) By Caroline Valetkevitch NEW YORK, July 25 - Weak German economic data and some earnings disappointments pressured world stock markets on Friday and left the euro

Freeport gets permit to export copper concentrate from Indonesia

JAKARTA, July 25 - Freeport McMoRan Inc has obtained a permit to resume exports of copper concentrate from Indonesia after a six-month stoppage, the head of its Indonesian unit told Reuters late on Friday.

3:28pm BST

Overgrown Beijing slaps new limits on industry in bid to cut smog

BEIJING, July 25 - China's overgrown and smog-hit capital Beijing has passed new rules banning the expansion of polluting and resource-intensive industries, the local government said on Friday.

1:33pm BST

Sri Lankan stocks end little changed

COLOMBO, July 25 - Sri Lankan stocks ended little changed on Friday amid expectation of strong corporate earnings after market heavyweight John Keells Holdings' upbeat results.

1:25pm BST

UPDATE 1-Freeport, Indonesia sign deal, paving way for copper exports to resume

JAKARTA, July 25 - Freeport-McMoRan Inc and the Indonesian government on Friday reached a deal over a contract dispute that should pave the way for a resumption of the U.S. company's copper exports after a six-month halt.

12:56pm BST
Basic Materials
BHP Billiton PLC 2,079.25p -0.14%
Rio Tinto PLC 3,418.50p -0.67%
Anglo American PLC 1,641.50p +3.57%


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