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LONDON (Reuters) - Miner Anglo American (LSE:AAL.L - News) is considering finding a partner for its huge iron ore project in Brazil, including from China, but the move is not a defense against an unwanted merger approach from rival Xstrata (LSE:XTA.L - News), sources familiar with the situation said on Monday. Weekend newspaper reports said Anglo, which last week rebuffed a "merger-of-equals" proposal from Anglo-Swiss Xstrata, was plotting a defense strategy by seeking to sell part of its Minas-Rio project. "Anglo believes it would be a logical step to secure a co-investor for a project of this size," a source close to Anglo told Reuters. "Anglo may have been pursuing this for some time." Anglo said it declined to comment on media speculation. No names were mentioned as possible partners, but the source said steel companies,... [read full story]
Jailbreakers under assault A Dutch internet service provider has identified a worm that installs a backdoor on jailbroken iPhones and makes them part of a botnet.… Web threats: Why conventional protection doesn't work
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SYDNEY (Reuters) - The U.S. dollar inched higher on Monday, extending a short-covering bounce as investors pared risk trades in a holiday-thinned week. The general theme remained profit-taking and a shift to safe-havens,...
