Financial Services

UPDATE 2-White House to release spending cuts report next week

ABOARD AIR FORCE ONE, Sept 7 (Reuters) – The Obama
administration plans to deliver a report to Congress late next
week that details spending cuts that will be required if
congressional leaders fail…

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RPT-Xstrata directors question Glencore proposal

LONDON, Sept 7 (Reuters) – Xstrata’s independent
directors have thrown a revised $36 billion bid from Glencore
into question, writing to the trader on Friday to raise
concerns around the new premium…

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Swiss stocks – Factors to watch on Sept 7

ZURICH, Sept 7 (Reuters) – Swiss stocks are poised to open
slightly lower on Friday following strong gains the previous
session as markets cheered the European Central Bank’s bond
buying plan, its…

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