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Xstrata to Lift Zinc Output at Lady Loretta Mine in Australia

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EUROPE MARKETS: Europe Stocks Pause After Rally; Carnival SinksComments Off

European stock markets dropped on Tuesday, taking a breather after climbing to multiyear highs in the prior day’s session.

Credit Suisse replaces Morgan Stanley as No. 2 Asia prime brokerComments Off

The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region’s $148 billion hedge funds industry, a survey showed.

Atlas Copco Gets Mining Equipment Order in India Worth EUR8 MillionComments Off

Swedish engineering group Atlas Copco AB (ATCO-A.SK) said Tuesday it has won a repeat order for mining equipment worth EUR8 million from Hindustan Zinc Ltd. (500188.BY).

Magnolia Petroleum Participating in 11 Wells in OklahomaComments Off

Magnolia Petroleum PLC (MAGP.LN), a U.S. onshore focused oil and gas exploration and production company, Tuesday said it is participating in eleven wells in Oklahoma for an aggregate net cost of $1.4 million.

French Market Regulator Probes Natixis Restructuring – ReportComments Off

The French market regulator AMF has opened an investigation into the planned restructuring of the French investment bank Natixis (KN.FR), reports French business daily Les Echos on Tuesday, without citing any sources.

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