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Food prices could reach 2008 level: USDA

U.S. consumers could see food costs spiking to levels seen during the food crisis of 2008 as higher commodity and energy prices force companies to raise prices on products lining grocery store shelves, the Agriculture Department said on Thursday.

Gillard govt to set carbon price from mid-2012

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Australia's government launched a third attempt on Thursday to make carbon polluters pay for their emissions, unveiling plans for a fixed-price scheme from 2012 and vowing not to surrender this time in the face of fierce opposition.
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People walk pass a billboard advertising Reliance Power, at the Bombay Stock Exchange (BSE) in Mumbai February 11, 2008.

JPMorgan cuts Reliance Comm target price by 49 pct

JPMorgan has slashed its target price on mobile operator Reliance Communications by 49 percent to 82 rupees, citing lower estimates for wireless and broadband segments and issues related to spectrum regulations.

India gold flat; buyers wait for 1 pct price fall

India gold traded flat on Tuesday afternoon as support from firm overseas leads was offset by a strong rupee, though buying remained weak as traders awaited an at least a 1 percent fall in prices, dealers said.
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Kinder Morgan shares 6 percent above IPO price

Shares of Kinder Morgan Inc traded more than 6 percent above their initial public offering price in early trading, signaling strong investor appetite for cash flow from the U.S. pipeline company's assets.
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Sappi to push for further paper price hikes

South African paper maker Sappi may push for further prices increases later this year as cost pressures threaten a recovery in growth, its chief executive said on Friday.
Christophe de Margerie, Chief Executive Office of French oil company Total, speaks during the company's 2009 annual results presentation in Paris

Oil price surge to boost Total profits

Soaring oil prices will help France's Total (TOTF.PA) produce bumper annual profits on Friday, when investors hope for details on how much Europe's third-largest oil group will invest to revive output.
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Diodes Upgraded at Robert W. Baird

Robert W. Baird upgraded its rating on shares of Diodes Inc. (NASDAQ: DIOD) to outperform from neutral on attractive valuation. The brokerage raised its price target on shares of the supplier of components to chipmakers to $32 from $20.
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Sara Lee eyes more price increases

Sara Lee said on Tuesday it would be raising prices again on its food and beverages, which could continue to affect sales, as it struggles with soaring commodity costs.

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