IBT Staff Reporter

Robusta coffee continued rallying in London after an increase in purchases by industrial buyers such as roasters.

CITIC Securities Co, one of China's largest brokerages, formally announced on yesterday that it would cancel a proposed $1 billion investment in Bear Stearns Cos after the Wall Street brokerage was bought by JPMorgan Chase & Co.

Affected by investor's worrying about interest rates rising, China's Shanghai Stock Exchange composite Index (SSI) fell 151.15 points,or 3.96 percent,to reach 3668.90 on Tuesday afternoon, which reached the 8-month-lowest record since July 2007. Shenzhen Stock Exchange component index fell 718.76 points,or 5.44 percent to reach 12489.02.

The FTSE 100 dropped a staggering 217.3 points down to 5,414.4 points (minus 3.9 per cent) on Monday following the shock sale of US bank Bear Stearns to rival JPMorgan Chase. The index finished at its lowest point since late 2005.

Rupert Murdoch's News International has opened the world's biggest printing plant in Broxbourne, Hertfordshire, representing £650 million of investment by the company.

Air France-KLM has announced that the board of Alitalia has unanimously agreed to a takeover bid worth 138 million euros (£106 million).

Japan stocks recovered 12,000 line Wednesday due to eased concerns for U.S. economy and a weaker yen after an overnight equity surge on Wall Street. Securities, iron and steel, high-tech issues were soared while oil companies and some insurance issues decreased.

Commodity OnlineNEW DELHI: The World Bank on Wendesday approved a $600 million loan to India's government run power transmission company, Power Grid Corporation of India, to strengthen its electricity transmission system.

By Binu Alex Use of nuclear fuel to generate extra 50,000 MW of electricity, is the available option in near term

Commodity Online MUMBAI: Gold lost Rs 180 per 10 gram in the bullion market here despite global trend and finished at Rs 13,110 on Wednesday.

Commodity Online MUMBAI: India s gold demand revived as spot and future prices of gold eased following a rate cut in the US that boosted global stock and currency markets

Commodity Online NEW DELHI: India s infrastructure sector fell to 4.2 percent in January compared to 8.3 percent in the corresponding year last year.

Commodity Online KUWAIT CITY: The oil rich tiny gulf state of Kuwait on Tuesday announced that its revenue collection has reached a staggering $63.6 billion until February this fiscal.

Commodity Online TOKYO: Gold s plunge in the US did not affect its futures in Asia as it gained along with silver on Wednesday.

Commodity Online NEW YORK: In a surprising development, gold futures plunged Tuesday while almost all other commodities gained over US Fed s decision to cut lending rate.

Commodity Online NEW YORK: US Feds decision to cut lending rates had its impact in crude futures as it soared Tuesday and end a little above 109 US dollars.

There s almost an unwritten rule that someone or something major has to fail before the bears are done, says Cash McDash, a hedge fund manager.

By Doug CaseyInflation is rising globally, driving Gold Bullion higher, as both money prices increase...

Commodity Online Jayant Deo, former MERC Member and an expert in energy sector, speaks about various issues that are being faced by the energy sector

An estimated 5.2 million Americans have Alzheimer's disease, and the disease could hit one in every eight baby boomers, according to a report released on Tuesday by the Alzheimer's Association.

Apple's iPhone received a corporate push earlier this month as the company rolled out more features to cater to the enterprise market, but conspicuously neglected support for Lotus users.

U.S. copper futures ended with gains on Tuesday as traders speculated that the Federal Reserve's benchmark interest rate cut may increase demand for the red metal.

Frank Quattrone, the controversial financier who rose to stardom during the dot-com boom in the 1990's has announced his long-awaited return to finance with the formation of a new advisory firm.

Sir Paul McCartney divorce to Heather Mills was concluded on Tuesday with the judge awarding Mills a $48.6 million divorce settlement amidst claims she lied about her finances.

Commodity Online NEW YORK: In its biggest daily loss since 1991, world oil prices lose 4.53 dollars a barrel on Monday, after hitting a record high of 111.80 dollars a barrel.

NEW DELHI: In an attempt to reduce oil imports and to increase the domestic production of oil, the government has taken various measures, said the Minister for Petroleum Natural Gas Murli Deora in the Parliament today.

The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to 2-1/4 percent.

Microsoft has released the first major update to its Windows Vista operating system on Tuesday, promising better performance and increased stability.

Gold futures closed higher on Tuesday ahead of the Federal Reserve's announcement to lower its target benchmark interest rate by 0.75 percentage points to 2.25 percent.