Industrials, Materials & Utilities

Saudi Electricity wants to sell more Islamic bonds 12:59pm EDT

JEDDAH, July 4 (Reuters) - State-owned Saudi Electricity will sell more Islamic bonds, or sukuk, to finance expansion of capacity, its chief executive said on Saturday.  Full Article

 
Lafarge may unveil new cement sales goal July 31-CEO 9:19am EDT 

* Says energy costs still down yr/yr despite oil rebound  Full Article  

ArcelorMittal to restart Gent furnace as stocks fall 7:10am EDT 

BRUSSELS, July 4 (Reuters) - ArcelorMittal , the world's largest steelmaker, will restart its second blast furnace in Gent, Belgium, by mid-August as inventories dwindle and demand edges up, it said in a statement.  Full Article  

India's Jaiprakash Hydro to raise upto $314 mln   3:06am EDT

MUMBAI, July 4 (Reuters) - Indian utility Jaiprakash Hydropwer Ltd said on Saturday its board had approved raising up to 15 billion rupees ($314 million) through the sale of shares, depositary receipts or bonds.  Full Article

 
China steelmakers working on lower ore price-executive   2:56am EDT

* China steelmakers looking for lower ore prices in talks  Full Article

 
RPT-China steelmakers working on lower ore price   2:27am EDT

BEIJING, July 4 (Reuters) - China's steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of Baosteel said on Saturday, adding that the nation's production was running high in July.  Full Article

 
China steelmakers working on lower ore price   2:27am EDT

BEIJING, July 4 (Reuters) - China's steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of Baosteel said on Saturday, adding that the nation's production was running high in July.  Full Article

 
PRESS DIGEST - Financial Times - July 4   Friday, 3 Jul 2009 11:00pm EDT

Broadcaster Sir David Frost and the manager of English football team Manchester United, Sir Alex Ferguson, are set to join forces in a 1 billion pound ($1.64 billion) property venture. Their investment company, aAim Capital Finance, is backed by Middle Eastern investors to snap up real estate at bargain prices. "I continue to be confident in a recovery on the real estate front and am sure that the aAim people will flourish again with their knowledge and adaptability to changing situations," sai  Full Article

 
CANADA STOCKS-Teck equity sale pushes TSX to higher close   Friday, 3 Jul 2009 05:14pm EDT

* Thin trading with U.S. markets closed (Adds official closing numbers, details, quote)  Full Article

 
Brazil stocks inch down on quiet day; real slips   Friday, 3 Jul 2009 05:09pm EDT

SAO PAULO, July 3 (Reuters) - Brazilian stocks ended slightly lower on Friday after a session of light, choppy trading.  Full Article

 
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Global property slide may be long Thursday, 25 Jun 2009 06:03pm EDT

NEW YORK (Reuters) - Commercial real estate markets in many parts of the world are falling and in the United States, the largest market, things are poised for a deep, lingering dive, experts said.  Full Article 

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