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The Italian opera singer, Cesare Siepi has died at the age of 87. He is considered to be one of the finest bass singers ever. His family members were present there in the hospital.

The Milan born singer was staying in US and died in Atlanta hospital after suffering from a heart stroke a week before.

The singer had performed 379 times at the Metropolitan Opera in New York.

Film makers, Sir Ridley Scott and Kevin Macdonald have decided to make a film based on the videos sent by the users of the videos sharing site YouTube.

Sir Ridley will be the producer of that film and it will be directed by Macdonald. He has urged the YouTube users to shoot videos of their day to day lives.

The film ‘Life in A day’ will be edited in to a documentary and is planned to be premiered at the Sundance Film Festival in Salt Lake City of Utah, which is to be held in January.

The company of UK which has created the show “Who Wants To Be A Millionaire” won the multi million pound legal battle against the Disney over the issue of unpaid profits.

A group of jury in Los Angeles awarded the firm Celador with 269 million dollars after declaring that it did not get a fair share of the profits from broadcasting the show in the US. This judgment came after eight years of the battle and brought a lot of joy for the chairman of Celador, Mr. Paul Smith.

The shares of the firm Marks & Spencer are still under pressure despite the fact that the retailer firm has posted its third quarterly rise in sales in a row.

The sales of the firm raised by 4.4% over last 13 weeks up to 3rd July, which helped the new chief executive of M&S, Marc Bolland to get off to a solid start.

The new chief executive has said that they have continued to raise the market share across all parts of their business.

Mahindra & Mahindra has declared that it will enter the US market by December this year, at the same time it will maintain its original schedule as well. This decision was taken in spite of the fact that they are facing a lawsuit filed by its exclusive American distributor.

The company, however confirmed that the fate of the product’s launch will be decided depending upon the result of the ongoing litigation.

Zinc prices edged up yesterday as speculators built up fresh positions, driven by gains at the LME. Zinc yesterday we have seen that market has moved 0.4%. Market has opened at 86.7 & made a low of 86.1 versus the day high of 87.2. The total volume for the day was at 18404 lots and the open interest was at 5820.Now support for the zinc is seen at 86.2 and below could see a test of 85.6. Resistance is now likely to be seen at 87.3, a move above could see prices testing 87.8.

Trading Ideas:

Zinc trading range is 85.6-87.8.

Zinc prices edged up yesterday tracking firmness in LME prices