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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 30, 2013 at 03:52

  • Global Post: A Dutch court will rule on Wednesday whether Shell is responsible for pollution in Nigeria

Tate and Lyle PLC

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  • 4-traders: Tate & Lyle has announced the launch of a new, dedicated Open Innovation web portal to encourage universities, start-ups and companies specialising in food science to submit proposals aligned with the company’s innovation priorities

Vedanta Resources PLC

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  • Bloomberg: Sesa Goa, a unit of Vedanta Resources, plans to invest as much as $2.4 billion to develop assets in Liberia in its first overseas expansion after a court-ordered mining ban halted production at home
  • ShareCast: Sterlite Industries (India), a non-ferrous metals division of Vedanta Resources, posted a 30% rise in earnings per share in the nine months to 31 December

Vodafone Group PLC

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  • Financial Times: India’s finance minister P Chidambaram is confident that a $2.6 billion tax dispute with Vodafone is close to being settled as the Indian government attempts to win back international investor confidence

Xstrata PLC

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  • Platts: Xstrata's Australian coal unit has declared force majeure on several export shipments of thermal coal out of the Queensland port of Gladstone after rail links were shut because of heavy flooding
  • Financial Times: Vince Cable has written to the chairmen and chief executives of the seven FTSE 100 companies with all-male boards, including Xstrata, urging them to appoint female directors

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