Renewable Energy Group files for $150 mln IPO

(Reuters) - The filing did not reveal how many shares the company
planned to sell or the expected price.




The company plans to apply for listing on The New York
Stock Exchange under the symbol "RWE."



Read more at Reuters.com Government Filings News

Platinum Rises as Lonmin Delay Erodes Surplus; Palladium Price Advances

(Bloomberg) -- Platinum rose in London after Lonmin
Plc, the world's third-biggest platinum company, said it would
delay sales of some of its metal at a time when global supply was
barely keeping pace with demand.

The sale of between 70,000 and 90,000 ounces of platinum
from inventories will be postponed until after September, London-
based Lonmin said in a statement today. The sales were expected
to help platinum supplies exceed demand in the second half of
2007 from a deficit in the first half, London-based platinum
marketer Johnson Matthey Plc said in May.


Read more at Bloomberg Commodities News

EU Carbon Emission Permits Fall Near Two-Month Low As Allocations Raised

(Bloomberg) -- European Union carbon dioxide permits
for 2008 fell near a two-month low after the European Commission
raised the allocation of emission allowances for Ireland and
Latvia in the five years through 2012, increasing supply.

The July 13 increase boosts the total number of permits
allocated by 1.08 million tons of carbon dioxide a year. Permits
for December 2008 fell 19 cents, or 1 percent, to 19.70 euros
($27.12) a ton at 10:19 a.m. local time on the European Climate
Exchange in Amsterdam.


Read more at Bloomberg Energy News

U.K. Natural Gas Rises as Flow Cut at Shell's Bacton Terminal Cuts Supply

(Bloomberg) -- U.K. natural gas for delivery today
rose to the highest since Jan. 2 after flows of the fuel to a
terminal operated by Royal Dutch Shell Plc halted, cutting
supplies that were already reduced by repairs and maintenance.

Gas for delivery today rose 6.8 percent to 34 pence a therm
from a last day-ahead price on July 13 of 31.85 pence a them.
Today's price is equivalent to $6.92 a million British thermal
units. A therm is 100,000 Btus.


Read more at Bloomberg Energy News

UPDATE 1-India's Reliance Comm buys Yipes for $300 million

(Reuters) - Yipes, a provider of managed ethernet and application
delivery services, offered Reliance an opportunity to tap a
fast-growing market, Chairman Anil Ambani told a news
conference.




"Yipes will accelerate Reliance's entry into the $90
billion global market for enterprise and institutional data
services," he said after announcing the all-cash deal.


Read more at Reuters.com Mergers News

Network Rail, Ceva, CRH, Arcelor Plan to Sell Debt: European Bond Alert

(Bloomberg) -- CRH PLC, the world's second-biggest
building materials supplier, is among borrowers seeking to raise
the equivalent of at least 3 billion euros ($4.1 billion) in bond
sales in euros and pounds, according to data compiled by
Bloomberg.

Companies have sold the equivalent of $1,037 billion of
bonds denominated in euros and pounds so far this year, up from
$836 billion in the same period last year.


Read more at Bloomberg Bonds News

FEATURE-European traders brace for man vs machines war

(Reuters) - Complex algorithmic computer systems -- designed to monitor
thousands of stocks and independently identify and execute
orders in milliseconds -- are revolutionising Wall Street and
demand is quickly catching up across the Atlantic.




"We're looking to take humans out of the equation where it
makes sense," said John Lowrey, European head of execution
services at Lehman Brothers, striding past hundreds of dealers
glued to their screens on the bank's vast London trading floor.


Read more at Reuters.com Government Filings News