COLUMN-LME zinc bulls get fooled again: Andy Home SINGAPORE, May 26- Appearances can be deceptive and never more so than when it comes to trading on the London Metal Exchange. Three-month metal was on a surge last month, powering up from a March low of $1,981.00 per tonne to an early May high of $2,404.50. Last week's delivery of 36,375 tonnes of zinc onto warrant at Johor in Malaysia blew away the tightness and sent...
| By: Andy Home
INSIGHT-Fight over hot new cholesterol drugs may be won in milligrams Assuming approval from the U.S. Food and Drug Administration, Amgen Inc. will offer its drug, Repatha, as a biweekly 140 mg injection or a monthly injection of 420 mg, while Praluent, from Regeneron Pharmaceuticals Inc and Sanofi, will be offered in biweekly injections of 75 mg or 150 mg. Regeneron and Sanofi could enjoy a significant pricing advantage with their...
| By: Deena Beasley
ANALYSIS-Poll surge raises election win prospect for Canada's leftist NDP OTTAWA, May 26- A surge in support for Canada's left-leaning New Democrats is forcing strategists and investors to consider a once unthinkable prospect- the party which has never governed federally might now win the October election. The New Democratic Party scored a stunning upset in Alberta's provincial election this month, ending four decades of...
| By: Randall Palmer
Charter nears deal to buy Time Warner Cable Charter is nearing a deal to acquire Time Warner Cable in a transaction that would mark John Malone's latest conquest of the US cable industry.
Source: Financial Times
| By: James Fontanella-Khan
UPDATE 4-Charter Communications nears $55 bln deal for Time Warner Cable - sources May 25- Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S. cable and broadband market, and marks a...
| By: Liana B. Baker and Greg Roumeliotis
Plane safe? Hacker case points to deeper cyber issues May 26- Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his underseat entertainment unit. Other security researchers say Roberts- who was quoted by the FBI as saying he once caused "a sideways movement of the plane during a flight"- has helped draw...
| By: Jeremy Wagstaff
Air threats lead to four plane searches Authorities say U.S. military jets have escorted an Air France airliner to New York's Kennedy Airport after a threat was made against the flight.
Source: The Associated Press
INTERVIEW-Bancolombia ready to finance up to $5 bln in infrastructure BOGOTA, May 25- Bancolombia, Colombia's largest bank by assets, is ready to finance up to $5 billion in infrastructure projects in the Andean country, bank president Carlos Raul Yepes said on Monday. Colombia's government is moving forward with an $18 billion plan to modernize the country's inefficient highway system, a bottleneck which slows exports and...
| By: Luis Jaime Acosta
UPDATE 6-U.S. fighter jets escort Air France flight to New York after threat Air France flight 22, traveling from Charles de Gaulle Airport, landed safely in New York, officials said. The anonymous threat came in a telephone call to a Maryland State Police barracks on Monday morning, and the caller made a bomb threat involving commercial aviation, Maryland State Police said. The plane was cleared in New York with no incidents or hazards...