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Iron ore’s fall below $90 a ton has pushed as much as 170 million tons of production into losses, but prices will need to remain depressed for longer before enough supply exits to tighten the market, according to UBS Group AG.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The AUD/USD pair gathers strength to near 0.7055 during the Asian trading hours on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as hotter inflation data bolsters…
The Mountain View, California-based company said its net income was $26.17 billion in the July-September period. That's down from $34.98 billion in the same period a year earlier.
(RTTNews) - Indian shares are seen opening a tad higher on Thursday, with firm cues from global markets and easing oil prices likely to underpin sentiment at open.
Stock-specific action will continue
