Commodities
Louis Dreyfus, Olam in merger talks to form $15-bn trading giant
27 Sep 2010
The merged business would have a market value of approximately $15 billion and a dominant trading position in cotton, rice, and coffee and a substantial share in the wheat, corn, sugar, cocoa, and oil seeds market.
Gold near lifetime high as markets spook
08 Sep 2010
Goldcorp’s $3.2-bn bid for Andean Resources trumps Eldorado Gold’ offer
03 Sep 2010
Goldcorp Inc, Canada’s largest gold producer, yesterday said it is buying gold miner Andean Resources Ltd for $3.2 billion, trumping a rival bid from Eldorado Gold Corporation.
Gold prices at record high of Rs19,405/10gm
01 Sep 2010
Hectic buying by gold stockists anticipating festival season demand has sent the price of the metal soaring to an all-time high of Rs19,405 per ten grams. The gains at home mirror those in global markets.