Basic Materials

Cocoa Prices Push Near Record Levels As Global Shortage Continues to Impact Market

Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana.


Home Depot to Open 4 New Distribution Centers for Home Professionals

Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals...

Tech Envy on Business Sector

A poll of tech worker habits by software firm Nintex revealed that public and private sector employees are hungry for automation, and rely on mobile apps and the cloud to get work done...

Outlining Strategies

The NEC had alrady laid an outline strategy regarding on how to boost kery service sectors...


Latest News

Japan's Mitsui sells 25 percent stake in Arizona copper mine to Grupo Mexico
Japanese trading house Mitsui & Co Ltd (8031.T) said it had sold its 25 percent stake in Silver Bell Mining to a unit of Grupo Mexico (GMEXICOB.MX) that already owns the remaining 75 percent in the op
Rosneft may back out of Morgan Stanley oil unit deal
Rosneft (ROSN.MM), Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley (MS.N)'s oil trading unit because Western sanctions make it virtually impossible to finance day-to-
Philippine company offers to buy Australia's Indophil Resources
Indophil Resources NL said on Tuesday Philippine-based conglomerate Alsons Group has offered to fully acquire the Australian company for $0.30 a share in an all-cash deal.
U.S. Steel Canada moving quickly to sell Hamilton assets
United States Steel Corp's (X.N) Canadian unit is preparing to quickly put its Hamilton assets up for sale and also hopes to run an auction process for its operations on Lake Erie, court filings showe
Tesco cuts outlook after finding accounting error
Tesco (TSCO.L) has lowered its forecast for first-half profit by 250 million pounds ($408.50 million), its third warning this year, after finding a fault in its accounts, in the latest blow to the rep
Lear Corp to buy leather supplier Eagle Ottawa for $850 million
Lear Corp, a maker of auto seats and electrical power systems, said it would buy automotive leather supplier Eagle Ottawa LLC for $850 million to strengthen its core seating business and boost its lux
Gold near two-month low; set for weekly drop on interest rate fears
Gold held near a two-month low on Friday and was headed for its worst week in five, hurt by strong U.S. economic data and fears that the Federal Reserve could hike interest rates sooner than expected.
Asian Paints picks up 51pct stake in Ethiopian paint maker Kadisco
Mumbai, India-based decorative and industrial paint manufacturer Asian Paints (International) Ltd picked up a 51% stake in Ethiopia-based paint maker Kadisco Chemical Industry PLC for an undisclosed a
New Jersey paint retailers Norton Paint and Eagle Paint merge
Englewood, New Jersey-based paint retailer Eagle Paint and Wallpaper Inc bought troubled Paramus-based rival Norton Paint for an undisclosed sum to gain traction over rivals in the paint industry.
HomeAway purchases Florida-based rental management firm Glad to Have You
Austin, Texas-based home rental platform HomeAway purchased Santa Rosa Beach, Florida-based guest management system Glad to Have You for an undisclosed sum to enhance its own rental listing service.
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