Sir John Bond was today ejected as chairman of FTSE 100 mining giant Glencore Xstrata, only minutes before he was due to run its first annual meeting following the $67 billion (£44 billion) merger.
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Sir John Bond was today ejected as chairman of FTSE 100 mining giant Glencore Xstrata, only minutes before he was due to run its first annual meeting following the $67 billion (£44 billion) merger.
Wednesday 25 April 2012
After his journey to the bottom of the sea, James Cameron has a new far-flung idea
Saturday 21 April 2012
Oleg Deripaska, the billionaire chief executive of the Russian aluminium giant Rusal, appeared to dismiss the prospect of arch-rival Viktor Vekselberg besting him in an arbitration case heading for London yesterday.
Wednesday 18 April 2012
Staff at Goldman Sachs have been put on notice to expect more cuts to their bonuses this year, after the bank slashed payments to its bonus pool in the first three months of 2012.
Saturday 14 April 2012
The merger may have hit a mini speed bump, but many in the City are still enthusiastic over "Glenstrata". Yet, while investors were being told yesterday that they will have to wait an extra month before getting documents relating to theproposed tie-up between Glencore and Xstrata, speculation was doing therounds suggesting that the former may have to alter its approach in order to seal the deal.
Sunday 01 April 2012
Metals companies are in talks with black empowerment groups over teaming up to bid for the South African steel manufacturing assets of mining giant Anglo American.
Sunday 01 April 2012
In the last decade, financiers have speculated billions of pounds in food, helping to make prices dearer and more volatile
Tuesday 06 March 2012
Chinese premier Wen Jiabao sent tremors through global markets yesterday, as the world's biggest economy set its least-ambitious growth target for eight years.
Tuesday 06 March 2012
Tuesday 06 March 2012
Glasenberg takes £70 million payout but uses it to increase his stake / Pours cold water on hopes he will increase offer for Xstrata / Predicts an Obama election victory as the US economy improves
Monday 05 March 2012
The boss of commodities giant Glencore became one of the biggest earners among London's top 100 companies today after he picked up a dividend worth £69 million.
Saturday 03 March 2012
Samantha Downes wonders if commodities are a wise choice for the ordinary investor
Tuesday 28 February 2012
The crunch confrontation between organisers of next year’s America’s Cup and local opponents of a $55m waterfront redevelopment was avoided in San Francisco when a revised plan was announced by the mayor, Edwin M. Lee.
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