Wall Street flat as stimulus rally cools; Intel shines
* Regeneron up as U.S. govt orders more COVID-19 therapy doses
Source: reuters.com
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CORRECTED-UPDATE 2-SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025
3 Min Read (Corrects consortium members in 2nd paragraph, adds that the consortium is developing Simandou through a new company, Winning Consortium Simandou) JOHANNESBURG, Oct 16 (Reuters) - China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea’s massive Simandou iron ore deposit into production by 2025, Société Minière de Boké Chairman Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project. The consortium - which includes Singapore’s Winning Shipping, Guinean mining logistics firm United Mining Supply (UMS), Chinese aluminium prod...
Source: reuters.com
Credit Suisse to slide into red as it sets aside $850 for U.S. litigation
Credit Suisse said it will sink to a fourth-quarter loss after setting aside hundreds of millions of dollars more than previously expected on Friday for a legal dispute over property debt in the United States.
Source: reuters.com
REFILE-UPDATE 2-Portugal's 10-year yield below zero for first time; euro zone yields fall
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr
Source: reuters.com