Business News

Glencore merger: Xstrata shareholders vow to oppose deal - The Guardian The GuardianGlencore merger: Xstrata shareholders vow to oppose dealThe GuardianPlans for a $90bn (£57bn) merger between Xstrata and the commodities trader Glencore have been dealt a major blow after two of the mining group's largest independent shareholders insisted the terms "clearly undervalued" Xstrata.Glencore to Buy Xstrata for $41 Billion in Biggest Mining DealBusinessWeekGlencore-Xstrata Deal Faces Mountain of ChallengesWall Street JournalNumbers count in Glencore-Xstrata dealFinancial TimesReuters -Bloomberg -BBC Newsall 1,226 news articles »

US stocks reverse early losses to trade up 0.2pc - The Australian Globe and MailUS stocks reverse early losses to trade up 0.2pcThe AustralianUS stocks held gains overnight, even as Greece delayed action on austerity measures to aid its debt crisis. The Dow Jones Industrial Average was up 30 points, or 0.2 per cent, to 12875 overnight, reversing early losses. The Standard & Poor's 500-stock ...US Stocks Hold Gains In Afternoon Trade, Despite Greek DelayWall Street JournalUS STOCKS-Wall St edges up with Greek deal awaitedReutersDow Average Rises Toward Highest Level Since 2008 on Greek TalksBusinessWeekForbes -Reuters UKall 1,819 news articles »

RBA passes, now it's the banks' turn - Sydney Morning Herald The AgeRBA passes, now it's the banks' turnSydney Morning HeraldChief economics correspondent, Peter Martin says the four big banks are 'sitting on their hands' since inflation is on target. The Reserve Bank's decision to leave its cash rate at 4.25 per cent is going to cause some hand-wringing inside the big banks ...Banks eye rate move despite RBA's haltThe Canberra TimesSwan v Hockey on economyABC OnlineEuro nears six-week highFinancial TimesHerald Sun -Brisbane Timesall 1,349 news articles »

NAB to review struggling UK operations - Financial Times Sydney Morning HeraldNAB to review struggling UK operationsFinancial TimesBy Sharlene Goff in London and Neil Hume in Sydney The future of National Australia Bank's UK arm was thrown into doubt on Tuesday as the bank launched a strategic review of its underperforming Clydesdale and Yorkshire banks business amid fears of a ...Clydesdale and Yorkshire banks' future under reviewThe GuardianReview after mixed fortune for NABHerald SunNo change on rates good news for banksSydney Morning HeraldBBC News -The Australian -Wall Street Journalall 292 news articles »

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