|
|
LONDON - Anglo American is building its defenses against a 41 billion pound ($67.74 billion) merger approach from Xstrata by plotting talks about a major Chinese investment, the Sunday Telegraph reported. The newspaper also said Anglo American had reignited plans to appoint Sir John Parker as chairman and had made an attempt to recruit him in recent days. The report said Anglo, which rebuffed a proposal from Xstrata to consider a merger of equals, is to open talks with Aluminum Corp of China (Chinalco) and an unidentified Middle Eastern investor about a partnership to inject hundreds of millions of dollars into MMX, its Brazilian iron ore business. Meanwhile, the Sunday Times reported that Jim Leng, who recently stepped... [read full story]
Stashing cash for a rainy day is supposed to be a good idea – but most savers are fighting a losing battle. If you have a minimum of £1,000, Sainsbury’s Bank’s Online Saver pays 3.2 per cent interest. Those with a more...
A suburban street in the heart of Essex and a dozen women are gearing themselves up for a night of fun. That is an 11 per cent increase in the past three weeks and 30 per cent in the year. While no one is expecting to be paid...
Discover the best of the cathedral city's massive, German-style Christmas market with the Lincolnshire Echo features writer Why visit... December is a special time in Lincoln. For the past 27 years the 2,000-year-old city has...
How did fur, once taboo, become so acceptable – desirable even – again? Elizabeth Day investigates an ethical dilemma that goes to the heart of the fashion industry – and meets the animal rights campaigner who refuses to be...
