New records

Glencore Xstrata Database Welding Failures

12 February, 12:59

the raw material-trader Glencore and Xstrata, in the last stage of pounds 56bn mega-mergers, and this morning I wrote (a) reduction of total volume of production in basic metals, such as copper.

In the two companies combined production figures issued by Glencore this morning, show nine percent per year, decrease in production of copper in 2012, and one per cent decrease in the production of zinc in the course of the year. The production of Nickel from own lining was three per cent, and production of gold dropped by eight percent.

Glencore does not provide any information about its business, which is a decisive factor in his salary.

Separately, Xstrata, the worlds fourth-largest mining, said that production of the red metal hit 747,000 tons in 2012. This was done in accordance with forecasts, but to 16 percent, in 2011, as the company replaces the aging operations, such as Ernest Henry open way in Australia and goes to new projects and expansion.

Glencore is still waiting for official confirmation through China on its merger with Xstrata, but the transaction is expected to officially end in next month.

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FTSE 100, weighed on the shares of financial companies

04 February, 15:28

the leading index fell this morning, when Finance Minister George Osborne plans to electrification in the fence between banks, retail and investment banking operations in the center of attention.

UK Bank shares fell in a row. HSBC dropped 0.13%, RBS was decreased by 0.6%, Barclays gained 0.07 percent and Lloyds Banking Group fell 0.61 percent in early trading. The insurer Aviva also fell by 1.6 percent.

somewhere in the Other " blue chips " -index of the chemicals group of Johnson Matthey topped the FTSE 100, the loser of the Council. Last week he saw profits jump the third quarter due to lower sales in your precious metals products division.

telecoms group Vodafone dropped 1.64% in early trading, as the investment Bank Citi cut its recommendation to neutral from buy.

in The broad index, Africa is a conglomerate of Plaza decreased by 11.6 per cent, as he said, what is this message a net loss for the full year because of the contract delay.

", the companys strategic review within the Executive Chairman of departure in the past year as a result of improvements to focus on long-term profitability", - said Damian McNeela at Panmure Gordon.

" of Course, it can only be welcomed, but it is largely unclear statements, except for the termination of the type of low profitability of the business, where and how the company intends to edge."

the leading index, the FTSE 100 was up to a luxury dealers Burberry, click to 1.6 per cent.

gold miner randgold Resources was to 1.2 per cent, as he said that a record gold production and profit in 2012.

Outside" blue chips", explorer Salamander energy increased by more than 11 percent, as the said exploration well in Indonesia were completed oil and gas discoveries.

  Chiltern Miniatures  

ADDRESS: 1 Elmbourne Road

CITY: London




CATEGORY: Games and Toys


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Retail sales are falling unexpectedly in January

15 February, 13:54

UK retail sales unexpectedly fell in January, as the snow continued to consumers at home.

sale, including fuel decreased by 0.6% month-on-month in December, according to official data of the national Bureau of statistics.

On an annual basis, retail sales came out at 0.6% in January.

ADDITIONS said that the food in the sector of electric power industry of 2.6% year-to-year decrease in revenue, falling to the lowest level since April 2004.

In the Bureau of statistics noted that small shops looked bad for a month because of a strong snowfall, while in big stores is the growth of Internet-shops.

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