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* Big 3 may boost more efficient diesel vehicle output * Ford to launch diesel van in 2014, adds plant jobs * US platinum, palladium autocatalyst demand seen up in 2014 By Frank Tang NEW YORK, May 13 (Reuters) - A push by the United States to improve fuel efficiency could
Read more* Auto sector use rose 20 pct in 2012 on higher auto output * Jewellery demand stagnating, one-sixth of China's in 2012 By Risa Maeda TOKYO, May 13 (Reuters) - Demand for platinum from Japan's car industry rose 20 percent in 2012 thanks to a recovery in production but both look
Read more* Russian state sales in 2012 estimated at 250,000 oz * Expected to drop to around 100,000 oz this year * Norilsk 2013 palladium output to decline slightly By Polina Devitt MOSCOW, May 13 (Reuters) - Sales of palladium from Russian state stocks are likely to contribute les
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Disappointing economic from the States saw the FTSE 100 halve its earlier gains by the close on Wednesday as markets waited in anticipation of a policy decision from the Federal Reserve later this evening. The US central bank is widely expected to leave its current stimulus measures unchanged follo
Read moreBT Group shares were leading the risers on Wednesday after signing a 10-year deal with o2 to create a new 4G network worth in the region of 500m pounds. Speciality chemicals group Johnson Matthey has made strong gains after a positive update from Credit Suisse said that weaker platinum prices have
Read moreAssociated British Foods: Panmure Gordon ups target price from 1750p to 1800p keeping a hold recommendation. Aveva Group: Sanlam Securities upgrades from sell to hold with an unchanged target price of 1980p. Bank of Georgia: Bank of America raises target price from 1443.60p to 1765p, but downgrade
Read moreJohnson Matthey shares were lifted by Credit Suisse, in which it said the speciality chemical makers is in a better position than its peers in Europe in terms of its position within the industry. The broker reiterated its 'outperform' rating on the stock. Aggreko shares got a boost after Jefferies
Read moreThe FTSE 100 was pulling back on Friday morning after four consecutive days of gains as investors turned cautious ahead of a meeting of Eurozone finance ministers in Dublin. Results due out from US banking giants JPMorgan Chase and Wells Fargo later today were also making markets nervous, with stoc
Read moreStocks finished moderately higher on Thursday, though gains were trimmed in afternoon trade as traders scaled back risk appetite ahead of a long four-day weekend for the Easter holidays. Meanwhile, continuing concerns over the Eurozone kept markets on their toes today, as political uncertainty in I
Read moreShares in Johnson Matthey, the world's top supplier of catalytic converters, climbs 3.7 percent in brisk trade after it buys Formox, a Sweden-based specialist chemical company, for 107 million pounds ($161.7 million). Trading volume in Johnson Matthey stands at 128 percent of its 90-day dai
Read moreAfter a shaky start, the FTSE 100 was making decent gains by Thursday lunchtime ahead of a raft of economic data from the States later on, as sentiment was lifted by the reopening of banks in Cyprus. Nevertheless, gains are expected to moderate as traders refrain from building big positions ahead o
Read moreLONDON, March 28 (Reuters) - Britain's Johnson Matthey , the world's top supplier of catalytic converters, said it had bought Formox, a Sweden-based specialist chemical company, for 107 million pounds ($161.71 million). "Formox has a strong position in a growing and profitable market which
Read moreUK stocks opened tentatively on Thursday morning with the focus once again turns to Cyprus as banks re-open with capital controls in place to prevent worried depositors from clearing out their accounts. While markets have opened in a positive manner, gains are expected to moderate as traders refrai
Read moreSpeciality chemicals group Johnson Matthey said it has completed the purchase of formaldehyde producer Formox for 107m pounds in cash from Perstorp Specialty Chemicals, a company owned by PAI Partners. Formox provides catalysts, plant designs and licences for the manufacture of chemical intermedia
Read moreAntofagasta: RBC upgrades from underperform to outperform. Ashmore Group: Citigroup raises target price from 330p to 355p upgrading to neutral. JP Morgan ups target price from 361p to 413p and maintains a neutral rating. Babcock International: Citigroup revises target price from 965p to 1185p and
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