LONDON - Mining giant Xstrata’s offer to merge with Anglo American may spur consolidation in the sector, analysts say, adding that Brazil’s Vale and Aluminum Corp. of China may consider similar acquisitions. Xstrata and Anglo are seen as the last diversified mining groups that would allow an acquirer to compete with BHP Billiton, Rio Tinto and Vale.
LONDON - Mergers are back on the map for mining firms, whether Xstrata succeeds in merging with rival Anglo American or not. The $36.5 billion offer may spark consolidation among other mining firms as they compete for access to resources at a time of rising demand for commodities.
LONDON - Anglo American, the London-based mining giant, on Monday confirmed receiving a merger approach from Swiss rival Xstrata that could lead to the creation of one of the world's biggest miners. Xstrata on Sunday said it had made an approach to Anglo American but did not provide any figures.
Dünya Bankası, Meksika’da 103 can alıp, ABD’ye sıçrayan, tüm dünyayı ürküten domuz gribi üzerine yaptığı incelemede, dünya grip faturasının 3 trilyon doları bulabileceğini hesapladı. Dünya Bankası, domuz gribiyle mücadele için Meksika’ya 25 milyon dolar kredi açtı.
WASHINGTON - Gordon Brown completes his Washington visit, however he falls short of realizing his high expectations. While, Brown fails to obtain due support from his country’s closest ally in coordinating the crippled global economy, he is also highly criticized at home for disregarding domestic problems and instead seeking favor from Washington