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Search results for "LTD"



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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
METALS-Nickel slides despite Chinese producer plan to cut output

*China stockpiler mulls buying 1 mln T aluminium-sources. Mainly used to make stainless steel, nickel has been weighed down by heavy oversupply and concern about demand in top consumer China that has also pressured other metals. "I think the market is waiting for those production cuts to be realised before pricing anything in," said Eugen Weinberg, head of...
Source: Reuters | By: Eric Onstad
UPDATE 1-South Africa's Naspers looks at raising $2.5 bln for M&A

JOHANNESBURG, Nov 27- South Africa's Naspers is considering raising $2.5 billion to fund acquisitions, it said on Friday, as the e-commerce and media group looks to continue its expansion in fast-growing online markets in developing countries. Africa's largest company by market value, Naspers has transformed itself from an apartheid-era publisher into a...
Source: Reuters
Holiday traffic report  

CNBC's Morgan Brennan reports on shopping traffic in the malls this Black Friday, and which retailers are hot in social conversation.
Source: CNBC.com
Spotlight on expenditure as South African budget comes under strain

JOHANNESBURG, Nov 27- Crafting South Africa's budget has become a headache for Finance Minister Nhlanhla Nene: labor union allies accuse him of being tight-fisted, while opponents say he's pouring too much money into areas like the civil service that don't help grow the economy. Africa's most industrialized economy has struggled to balance its finances...
Source: Reuters | By: Stella Mapenzauswa
UPDATE 1-Chinese nickel producers agree to slash output

SHANGHAI/ HONG KONG, Nov 27- China's nickel producers said on Friday they plan to slash output of refined metal and nickel pig iron, the first major coordinated move in the industry globally to lift prices out of their worst slump in more than a decade. The announcement followed a meeting by producers on Friday afternoon in Shanghai to discuss coordinated output...
Source: Reuters | By: Ruby Lian and Polly Yam