Autos & Transport
UPDATE 2-Statoil shuts Asia product trade arm, no jobs cut
SINGAPORE, Nov 21 (Reuters) - Norway's StatoilHydro ASA said on Friday it was scaling down third-party oil product trading and would close its Singapore products department, confirming a Reuters report a day earlier. Full Article
UPDATE 1-Repsol, Criteria suspended after Lukoil talk
MADRID, Nov 21 (Reuters) - Shares in Spanish oil company Repsol YPF and holding company Criteria were suspended on Friday after a source said on Thursday Criteria was talking to Russia's Lukoil about selling its Repsol stake. Full Article
Major shippers skirt Gulf of Aden to avoid pirates
* Maersk and other major shippers divert ships around Cape Full Article
UPDATE 1-Thales and Safran in asset swap talks- newspaper
PARIS, Nov 21 (Reuters) - French defence groups Thales and Safran are in talks to swap some assets to cut duplication, Les Echos newspaper said on Friday. Full Article
Norway picks U.S. combat jet over Swedish rival
OSLO (Reuters) - Norway will buy 48 of Lockheed Martin's F-35 Joint Strike Fighters, in a deal worth about $2.54 billion, instead of Swedish Saab's Gripen to replace its ageing F-16 warplanes. Full Article
Norilsk scraps '08 dividend, may cut foreign output
MOSCOW (Reuters) - Norilsk Nickel will axe its dividend this year as the world's largest nickel miner considers cutting its foreign output and warns net profit in 2009 might only be a quarter of this year's level. Full Article
CEZ sees room for CEE acquisitions - sales head
PRAGUE, Nov 21 (Reuters) - The global financial crisis could open new opportunities for energy acquisitions in central and eastern Europe as prices fall to more reasonable levels, the head of sales at Czech power group CEZ said on Friday. Full Article
REFILE-UPDATE 3-Agrium, Potash say time is right for acquisition
TORONTO (Reuters) - Top fertilizer producers Agrium Inc and Potash Corp of Saskatchewan said on Thursday they are on the lookout for acquisitions as their industry struggles, even though their own shares have tumbled. Full Article
Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 48.86 | +1.60% | 21 Nov 11:42 GMT |
| Gold | 755.9 | +0.95% | 21 Nov 11:52 GMT |
