Commodities
Vedanta Resources & Konkola Copper Mine lose appeal against English Court
FTSE 250 firm Vedanta Resources posted an announcement on Friday informing that the English Court of Appeal had dismissed it and Konkola Copper Mine's (KCM) appeal against the English court, concerning the court's jurisdiction to hear and adjudicate claims by Zambian residents regarding KCM's operations in Zambia.
Kobe Steel admits fabrication scandal now affects 500 clients
Embattled Japanese steel manufacturer Kobe Steel has admitted its fabrication scandal now affects 500 clients as opposed to the 200 figure divulged on Tuesday, prompting fears about its future if legal claims mounted.
Ashanti Gold identifies "broader" and "new" mineralised zones in Ghana- Goldplat
Gold exploration and development company Ashanti Gold Corp has identified "broader" and "new" mineralised zones at Goldplat's Anumso Gold Project in Ghana, according to Goldplat.
Juncker: EU intervention in Catalonia would cause 'chaos'
European Commission president Jean-Claude Juncker has said any intervention from the EU in the political crisis in Spain would only serve to cause “more chaos”.
US consumer confidence at 2004 highs in October, University of Michigan says
Consumer confidence in the States shot higher at the start of October as more Americans judged that "this is about as good as it gets", the results of a widely-followed survey revealed.
Taurus Funds Management sells stake in Base Resources
Mineral sands producer Base Resources, focused on the Kwale Mineral sands operations in Kenya, East Africa, was informed by Taurus Funds Management that it had ceased to be a significant shareholder of the company.
US retail sales jump in September on strong demand for autos
US retail sales soared in September led by a surge in those for motor vehicles and parts.
US consumer price inflation disappoints
US headline inflation increased less than expected last month but core prices jumped well above forecasts, according to data released by the Bureau of Labor Statistics on Friday.
Australia boasts one of the most rapidly rising levels of income inequality
The International Monetary Fund (IMF) said on Thursday that Australia had seen some of the highest levels of income inequality growth on the planet since the 1980s, just weeks after Treasurer Scott Morrison denied inequality was worsening across the nation.
China trade data shows economy still expanding, commodities stocks lifted
China's exports and imports continue to strengthened, trade data showed overnight, giving a boost to commodities stocks around the globe.