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Search results for "LTD"



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China's shadow banking risk shifts to booming bond market

SHANGHAI, Nov 29- A year after China's financial regulators squared up to the systemic perils of "shadow banking," the threat is shifting to a booming corporate bond market, and risky borrowers' debt is finding its way into products aimed at retail investors. New corporate bond issuance leaped to 914 billion yuan in the third quarter, accounting for 29 percent of all...
Source: Reuters | By: Nathaniel Taplin and Engen Tham
Brazil's Samarco stops salary, supplier payments as assets frozen

RIO DE JANEIRO, Nov 28- Brazilian iron ore miner Samarco has suspended payments to employees and suppliers because its funds have been frozen by courts in the wake of a deadly dam burst and destructive flood of muddy mine waste, the company said in a statement on Saturday. The company, a joint venture between Australia's BHP Billiton Ltd, the world's largest mining...
Source: Reuters
UPDATE 2-Large China copper smelters agree to cut production in 2016

HONG KONG, Nov 28- Nine large copper producers in China have agreed an initial plan to cut refined metal production by more than 200,000 tonnes in 2016 or around 5 percent from this year's level, an executive at one of the producers said on Saturday. The agreement followed a meeting by the producers on Saturday in Shanghai to discuss coordinated output cuts to...
Source: Reuters | By: Polly Yam
Digital toy maker VTech says customer data stolen in breach

Nov 27- Electronic toymaker VTech Holdings Ltd said on Friday that it was the victim of a cyber attack that compromised information about customers who access a portal for downloading children's games, books and other educational content. VTech, which sells children's tablets, electronic learning toys and baby monitors, disclosed the attack in a statement on...
Source: Reuters | By: Jim Finkle
UPDATE 1-Vale confirms arsenic found in water days after Brazil dam burst

RIO DE JANEIRO, Nov 27- Toxic materials such as arsenic were found in the water of the Rio Doce river days after a dam burst at a mine in Brazil earlier this month, an executive for Vale, the co-owner of the mine operator, confirmed on Friday. Vania Somavilla, sustainability chief at Vale, cited a report by the Institute for Water Management in Minas Gerais, which found...
Source: Reuters
UPDATE 1-Brazil to sue BHP, Vale for $5 bln in damages for dam burst

BRASILIA, Nov 27- Brazil's federal and state governments plan to sue the owners of the Samarco iron ore miner for 20 billion reais in damages caused by the burst of a tailings pond dam, Environment Minister Izabella Teixeira told reporters on Friday. Samarco is a joint venture between the world's largest mining company, BHP Billiton Ltd, and the biggest iron ore...
Source: Reuters
US STOCKS-Wall St ends flat; Disney, retailers dip on sales worries

*U.S. markets close early day after Thanksgiving holiday. U.S. stock markets closed three hours earlier following the Thanksgiving holiday on Thursday, with many traders taking the day off. "We're going to get today over with and hit the ground running next week," said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago.
Source: Reuters | By: Sinead Carew
Cars for Christmas  

Black Friday and the holidays are rapidly becoming the time to buy a new car. CNBC's Phil LeBeau reports. With CNBC contributor Mike Santoli.
Source: CNBC.com
Not the Black Friday retailers were hoping for

Shoppers turned out in droves to capitalize on retailers' doorbuster deals for Black Friday, but will deals be enough to boost 2015 earnings?
Source: CNBC.com | By: Krystina Gustafson
US STOCKS-Wall St flat as Disney weighs; retailers off on sales worries

Nov 27- Wall Street was little changed in light trading on Friday, with consumer stocks falling as investors worried about early reports on the U.S. holiday shopping season and Disney weighed. U.S. stock markets were scheduled to close three hours early at 1 p.m. ET after being shuttered all day Thursday for the Thanksgiving holiday. "We're going to get today over...
Source: Reuters | By: Sinead Carew