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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and advanced 0.6 percent in February. (See table A.) On an unadjusted basis, the index for final demand moved up 2.2 percent for the 12 months ended in April, the ...
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Anglo American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American Platinum (Amplats) and sell or demerge De Beers, the diamond miner with which it has been associated for over a century. It also proposes the sale of its steelmaking coal assets and the closure or sale of its ...