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 Nov 21, 2009  
 
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Ritchie Bros sells $330m equipment
Ritchie Bros will conduct one more auction at its Edmonton auction site before the end of 2009. Local, national and international buyers purchased more than 4,540 lots during last week’s un....
 
ITC posts better than expected Q2 results
India’s leading multi-product FMCG company, ITC Ltd (BOM: 500875) posted better than expected financial results for the second quarter ended 30th September 2009.....
 
Kenya develops disease resistant corn variety
Kenyan scientists have developed a new corn variety that is resistant to striga, or witchweed disease, The Standard newspaper reports Friday.....
 
What is Kitco Gold Index?
Last week, Kitco, one of the world’s premier retailers of precious metals, launched a unique index in bullion: the Kitco Gold Index through which you can determine whether the value of gold is a....
 
India urged to switch to heat resistant crops
In a significant revelation, ICAR research studies on the effects of climate change found that a temperature increase of one degree celsius would mean 3 to 7 per cent fall in wheat, soybean, mustard, ....
 
Distressed gold selling has peaked: Fitch Ratings
Most of the 'distressed' selling of gold in so-called Western markets (Europe and North America) has likely peaked by now, while consumers in Asian, the Middle East and Latin America, or emerging mark....
 
Gold to be range bound in short-term: Fitch Ratings
While pricing in the gold market has declined from a high of approximately $1,000 per troy ounce (oz.) in March 2008, gold remains near its highs on a historical basis: it is currently at approximatel....
 
Canada urges India to unveil mining policy
Meanwhile, NYSE-listed Canadian industrial equipment auctioneer Ritchie Bros Auctioneers is investing $20 million for its India foray. Set up in 1958, the company currently operates in about 110 locat....
 
The darker side of China's miracle growth story
Most often the darker side of China is overlooked by those who write about its recent miracle growth story In Guiyang, a coal-mining town, I found the country side with filth covered tenements slapped....
 
Indian rice farmers switches to premium brand
India’s key rice producing states’ farmers switched to premium basmati rice, attracting lesser requirements of water and late sowing facility coupled with high export demand.....
 
Vietnam cotton output to fall by 56 percent
US Department of Agriculture Tuesday said cotton production in Vietnam will fall 56 percent this year because farmers switched to more profitable crops, including corn, sweet potatoes and soybeans.....
 
US Oil swaps market migrate to Argus indexing
Users have switched to Argus since the beginning of June Platts has calculated petroleum product prices based on differentials to the CME New York Mercantile Exchange (Nymex) using a 3.15pm EST p....
 
Wisconsin Energy falls on Fitch’s scale
Wisconsin Energy Corp. (NYSE:WEC) has announced that Fitch Ratings has assigned and affirmed it the ‘Negative’ rating. The same rating also stands for its subsidiaries viz. Wisconsin Energ....
 
Why Gold investors are switching to Silver
Silver may not be as charming and glittering like gold. Though silver is treated like a poor man’s gold in countries like India, the white metal continues to outpace the yellow metal in investme....
 
Tea e-auction hits a roadblock in two centres
The e-auction of Tea has hit a stumbling block in two centres in the country due to opposition from traders and technical glitches. In Kochi, the tea traders have gone to court arguing that the system....
 
ITC, Britannia sink on re-launch of wheat futures
With resumption of wheat Futures trading on the Indian commodity exchanges the FMCG stocks on the bourses witnessed a fall in the stock prices.....
 
Gold coins sold at Cabin Fever Auction in US
Gold coins were among the items sold at the annual Cabin Fever Auction, which has taken place in the US town of Litchfield, Connecticut.....
 
Metalbug gives Kitco quotes on iPhone, iPod
ITX Corp. has announced the release of their latest mobile application, Metalbug, for the iPhone and iPod Touch. It provides real-time spot prices from Kitco for gold, silver, platinum, palladium and ....
 
Will US farmers switch from corn to soy?
On a farm-by-farm basis, there is still a chance for farmers to throw in the towel on corn and switch to soybeans. They cost less to grow - less fertilizer, lower machine costs - and can be planted la....
 
HUL, ITC take a dip as consumer demand weakens
FMCG majors traded negative on the bourses today as markets continued reeling under negative sentiments amid heavy selling pressure.....
 
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