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London-based miner Anglo American is exploring the sale of Brazilian assets as the group seeks to strengthen its defences against a merger proposal from Swiss rival Xstrata, the FT said on Monday. The Financial Times, which did not name its source, said Anglo had informal discussions about the sale of up to 30 percent of Brazilian iron ore division MMX Minas-Rio, which it bought last year for 2.12 billion pounds. Anglo has held talks with Bahrain's Gulf Industrial... [read full story]
Tensions over Iran's nuclear programme have spurred an arms race in the Gulf with record defence deals being negotiated. By Richard Spencer in Dubai Saudi Arabia, long the major arms-buyer in the region, is now being overtaken...
Local resident Sue Cashmore: "You just think how many more times" The road that leads to the Calva bridge is closed off. The blue and white police cordon stretches from one side of the road to the other. As well as camera crews...
The Queen's baton relay team was first introduced in 1958 The baton for the 2010 Commonwealth Games has arrived in the Bailiwick of Guernsey. The Queen's baton relay team left Buckingham Palace in London at the end of October....
