ABUJA – Two Chinese firms, Sinoma and CITIC Heavy Industries, have agreed deals totalling $733m to produce cement in Nigeria and Myanmar, respectively, as they expand...
BEIJING – An official says a gas explosion at a coal mine in western China has killed 21 workers. The workers were earlier reported trapped by...
NEW DELHI – Gold prices slumped Thursday as a U.S. budget deal refocused investors’ attention on the prospect for a withdrawal of the Federal Reserve’s economic...
NEW YORK – Thermal-coal prices may be running out of steam as Asian power producers wind down purchases after a period of prewinter stockpiling and an...
NEW DELHI – Gold prices moved down by 0.48% to Rs 28,571 per 10 gram in futures trade today after participants reduced their exposures, tracking a...
NEW YORK — Gold extended its earlier losses on Thursday after better-than-expected U.S. economic data bolstered expectations that the Federal Reserve would throttle back its stimulus....
FRANKFURT – Arcelormittal and Nippon Steel & Sumitomo Metal Corp agreed to buy ThyssenKrupp’s steel plant in the United States for $1.55 billion, ArcelorMittal said late...
NEW DELHI – India, the world’s second-largest producer of sugar, could see its sugar output drop by as much as 10% in the new marketing year...
SYDNEY — Aluminum prices have fallen sharply this month, as investors fret about a sustained glut of the material used in products ranging from soda cans...
ABUJA – Nigeria has overtaken South Africa as the biggest cement manufacturer in sub-Saharan Africa (SSA), as a result of growing demand and favourable government regulations...
