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Chinese seeks reconstruction role in Libya

Reuters – BEIJING (Reuters) - China has sent a team of government officials and company executives to Libya to discuss post-war reconstruction and how to protect Chinese assets, the official Xinhua news agency reported on Sunday. The team, led by Wang Shenyang, head of the foreign investment and economic cooperation department of the ... Read More »

Gold

Gold is moving to the upside going into the end of this month. This is not particularly good long-term just yet. Nevertheless, the first resistance is 1683 with the Weekly Bullish Reversal. 1674.3 is the high of May which was the low on this move. That is providing some closing resistance just technically.It is always the Monthly Bullish Reversals that are ... Read More »

Exclusive: Parts retailer Carquest explores $2 billion sale - sources

By Olivia Oran and Soyoung Kim | Reuters – NEW YORK (Reuters) - Auto parts supplier General Parts International is auctioning off its retail store chain, Carquest, in a deal that could fetch $2 billion, three people familiar with the matter said. Raleigh, North Carolina-based General Parts, which owns about 1,400 of Carquest's 3,400 stores ... Read More »