News

The newly forged iron ore-to-copper empire Glencore Xstrata was forced to slash the value of its assets by $8.5bn (£5.4bn) in the first set of results since the merger that created it.

The Business Matrix: Friday 19 July 2013

Hermès bags sales rise of 16 per cent

Market Report: Miner Hochschild climbs on cost cuts

The City isn’t known for penny-pinching, but news that a mining company was taking control of spending, slashing bosses’ pay and culling the number of executives sent it to the top of the mid-tier index.

Buyers fail to take a shine to Rio Tinto’s diamonds arm

Diamonds are forever for mining giant Rio Tinto, which today scrapped plans to sell or float its  $2 billion (£1.3 billion)  precious stones division.

BHP Billiton becomes third FTSE 100 global mining giant to change CEO in as many months

BHP Billiton became the third of the FTSE 100 global mining giants to change its chief executive in as many months as the industry braces itself for a long period of sluggish resources prices.

Investment Insider: Where does a plummeting pound leave investors?

There is a race to the bottom when it comes to global currencies. Economies facing stagnation are looking to weaken their currencies to boost exports. But when every man and his dog are at it too, then the game plan can fall apart.

Mark Leftly: Peppa Pig's breakthrough may finally stop Canada hogging all the action

Outlook As ever in life, Peppa Pig is the best barometer of cultural advancement. Today, the co-owners of the bossy animated porcus, Entertainment One, completed its $228m (£142m) purchase of Alliance Films, a Canadian distributor of flicks ranging from quip-laden classic Pulp Fiction to the dreadful Twilight series.

The Business Matrix: Friday 14 December 2012

US retail sales up 0.3% after storm

China buys up BHP stakes in Australia

China yesterday stepped up its worldwide hunt for gas to keep its 1.3 billion population warm.

Tom Bawden: Rivals will keep outperforming Anglo American

Investment View: Cynthia Carroll didn't do such a bad job in an extremely difficult situation

BHP urged to act on Colombia pit

Felipe Ustate, a community leader in the north of Colombia, will use BHP Billiton's AGM today to call on non-executive director Baroness Shriti Vadera for redress over the giant El Cerrojon open-cut coal mine that he says has forced many people off their land.

Xstrata is hit by worries at Chilean mine

Problems at its huge copper mine in Chile have provided a fresh headache for the mining giant Xstrata, which is in the throes of a $32bn (£20bn) takeover by the commodities trading giant Glencore.

Miners prepare to reveal billion-dollar profit falls

Rio Tinto and Xstrata pincered by rising costs and lower prices

Chinese oil giant agrees £10bn deal for Canada's Nexen

Cnooc has agreed to buy the Canadian oil producer Nexen for $15.1bn (£9.7bn), in a deal that could make the Chinese oil giant the operator of the giant Buzzard field in the North Sea.

Cnooc set to control North Sea's Buzzard field

Cnooc has agreed to buy the Canadian oil producer Nexen for $15.1bn (£9.7bn), in a deal that would make the Chinese oil giant the operator of Buzzard, the North Sea's largest field, and give it a key role in setting the benchmark Brent oil price.

Voices
voicesGood for Lana Del Rey for helping kill that myth, writes Grace Dent
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The Pipes and Drums of The Scottish Regiments perform during the Opening Ceremony for the Glasgow 2014 Commonwealth Games at Celtic Park on July 23, 2014 in Glasgow, Scotland.
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Karen Dunbar performs
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Members of the Scotland deleagtion walk past during the opening ceremony of the 2014 Commonwealth Games at Celtic Park in Glasgow on July 23, 2014.
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The Tour de France peloton rides over a bridge on the Grinton Moor, Yorkshire, earlier this month
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Day In a Page

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Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

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Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform
Climate change threatens to make the antarctic fur seal extinct

Take a good look while you can

How climate change could wipe out this seal
Should emergency hospital weddings be made easier for the terminally ill?

Farewell, my lovely

Should emergency hospital weddings be made easier?
Man Booker Prize 2014 longlist: Crowdfunded novel nominated for first time

Crowdfunded novel nominated for Booker Prize

Paul Kingsnorth's 'The Wake' is in contention for the prestigious award
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned

Vladimir Putin employs a full-time food taster

John Walsh salutes those brave souls who have, throughout history, put their knives on the line
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Tour de France effect brings Hollywood blockbusters to Yorkshire

A $25m thriller starring Sam Worthington to be made in God's Own Country
Will The Minerva Project - the first 'elite' American university to be launched in a century - change the face of higher learning?

Will The Minerva Project change the face of higher learning?

The university has no lecture halls, no debating societies, no sports teams and no fraternities. Instead, the 33 students who have made the cut at Minerva, will travel the world and change the face of higher learning
The 10 best pedicure products

Feet treat: 10 best pedicure products

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Commonwealth Games 2014: Great Scots! Planes and pipers welcome in Glasgow's Games

Commonwealth Games 2014

Great Scots! Planes and pipers welcome in Glasgow's Games
Jack Pitt-Brooke: Manchester City and Patrick Vieira make the right stand on racism

Jack Pitt-Brooke

Manchester City and Patrick Vieira make the right stand on racism
How Terry Newton tragedy made iron men seek help to tackle their psychological demons

How Newton tragedy made iron men seek help to tackle their psychological demons

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