Tin Rises to 18-Year High on Production-Shortfall Concern; Zinc Advances

(Bloomberg) -- Tin led gains in London, rising to
the highest since at least 1989, on speculation that supply
disruptions in Indonesia and Bolivia and increasing demand will
create a shortage of the metal. Lead climbed to a record.

Smelters in Indonesia, the world's second-largest tin
producer, after China, have been restarting production following
a government crackdown on illegal mining earlier this year. The
Bolivian government seized a smelter owned by Swiss commodity
trader Glencore International AG in February.


Read more at Bloomberg Commodities News

AmeriCredit prices $1.5 bln in asset-backeds

(Reuters) - Lead managers on the transaction are Barclays Capital,
Credit Suisse and Deutsche Bank Securities. The co-managers are
JPMorgan, Lehman Brothers, RBS Greenwich Capital and UBS
Investment Bank.




Read more at Reuters.com Bonds News

Lead hits fresh high on explosion, copper drifts

(Reuters) - Lead hit a fresh high on Tuesday after news of a recent explosion at a U.S. refinery, while other industrial metals prices drifted slightly lower.

Three-months lead rose 4 percent to a record $3,215 a tonne following a statement by U.S. miner Doe Run that there had been an explosion at its lead smelter-refinery in Herculaneum last Friday.


Read more at Reuters Africa

Lead Futures Advance to Record $2,842 on Supply Disruption, Chinese Demand

(Bloomberg) -- Lead rose to a record for a third day
in London on increased demand in China, the world's biggest
consumer of the metal, and supply disruptions from Australia.

Global demand for lead, used in car batteries, may outstrip
supply by 55,000 metric tons this year as China's production may
be less than expected, Standard Bank Group Ltd. said in an e-
mailed report yesterday. The bank, a member of the London Metal
Exchange, raised its 2007 price forecast by 12 percent.


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Lead Futures Increase to Record $2,435 a Ton on London Metal Exchange

(Bloomberg) -- Lead rose to a record on the London
Metal Exchange.

Lead for delivery in three months on the LME gained $35, or
1.5 percent, to $2,435 a metric ton as of 8:34 a.m. local time,
beating the previous record set on June 18 by $5.


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Linux leaders plot counterattack on Microsoft

(Reuters) - Leading names of Linux, the world's biggest grassroots software phenomenon, are spending three days to Friday debating whether an increasingly commercial open source community should fight or ignore the world's largest software maker.




Dressed in the alternative software movement's casual uniform of T-shirts and jeans, the group is coming to grips with internal divisions that sap at its success -- Linux is now used to power desktop computers, major Web sites, mobile phones -- since rival factions often create very similar products.


Read more at Reuters.com Business News

US copper up 4 pct, LME lead at new record

(Reuters) - U.S. copper futures jumped more than 4 percent on Friday ahead of the long Memorial Day weekend as investors did extensive short-covering on the base metal a day after it san to two-month lows.

In U.K. trade, copper for delivery in three months closed up 3 percent. Lead continued to dominate the action in London base metals, surging more than 5 percent to a new record high.


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Lead Jumps to Record on China's Plan to Raise Export Taxes; Copper Gains

(Bloomberg) -- Lead rose to a record in London on
concern supply may fail to meet demand this year after China, the
world's largest producer, said it will raise export taxes from
June 1. Copper and aluminum also gained.

China will charge higher export taxes on 142 products,
including lead and zinc, to pare a record trade surplus that's
threatening to hurt relations with nations including the U.S. Lead
will be in a deficit for a fifth consecutive year in 2007, the
Lisbon-based International Lead and Zinc Study Group said on May 15.


Read more at Bloomberg Commodities News