Basic Materials

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Biofuel groups press White House on more than just 2014 targets

WASHINGTON, July 30 - The U.S. biofuel industry is urging the Obama administration to go beyond simply raising proposed targets for use of the fuels, making the case instead for fundamental changes to the government's approach to the renewable fuel program.

FTSE ends lower, weaker miners outweigh bank rally

LONDON, July 30 - Britain's top equity index finished lower on Wednesday as weaker mining stocks, dragged down by Chilean miner Antofagasta, outweighed a rally in banking stocks spurred by Barclays.

12:11pm EDT

European shares fall, weighed by earnings, Ukraine woes

LONDON, July 30 - European shares closed lower on Wednesday, little moved by strong U.S. growth data, after weak earnings reports from cement-makers and concerns about a possible escalation of the conflict between Russia and Ukraine.

UPDATE 2-Russian officials at odds over Mechel bailout

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Basic Materials
Dow Chemical Co $52.48 -1.81%
Freeport-McMoRan Inc $37.88 -0.08%
Praxair Inc $129.22 +0.42%

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