Energy

Glencore/Xstrata: Two’s company

Bizarrely the new merger terms allow for what might loosely be termed a ‘hostile takeover’ of Xstrata with the prior permission of the Xstrata board

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PRESS DIGEST – Financial Times – Oct 2

Bank profits from new mortgages have soared since the
Federal Reserve began its third round of bond purchases two
weeks ago.

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Uncertainty looms for victor in Venezuela

Whether Hugo Chávez retains his presidency or Henrique Capriles wins Sunday’s election, the country’s future is far from bright

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