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LOS ANGELES (Menafn - MarketWatch) -- London-based mining giant Anglo American Plc. is in talks to sell a major investment stake to Aluminum Corp. of China, as it fends off a merger bid from another rival, according to a British media report Sunday. The Sunday Telegraph said that Anglo American is to open talks with China's state-owned aluminum producer -- better known as Chinalco -- and at least one unidentified Middle Eastern investor about a partnership that could see it inject hundreds of millions of dollars into MMX, Anglo's Brazilian iron-ore business. The negotiations are at an early stage, and there is no certainty that a deal will be reached, the report said, citing people close to the situation. The move is part of efforts by Anglo to build its defenses... [read full story]
• Levy on City trading aimed at restoring trust in banks • Survey shows more than 50% of voters back plan Gordon Brown will take his radical proposal to tax City trading to Britain's business leaders today, as a survey shows...
LONDON (Reuters) - Confidence among British businesses has climbed to a six-year high, the Institute of Chartered Accountants in England and Wales (ICAEW), said on Monday. The Business Confidence Monitor survey showed a 24.6...
Today I was in London with my shiny new iPhone (and I have to say it's awesome). As it's an iPhone though I obviously have to carry a charger with me at all times. Unfortunately my charger failed on the train down to London, I...
Goal.com’s Tim Sturtridge has the latest from the Brazilian domestic scene. 0 Palmeiras Grêmio beat their title chasing visitors by two goals in Wednesday night’s game but that doesn’t even begin to tell half the story....
