Reuters: Top News
Glencore-Xstrata deal meets shareholder opposition
Tue, 07 Feb 2012 11:43:34 +0000
LONDON (Reuters) - Two top 10 shareholders in miner Xstrata said on Tuesday they would vote against a takeover by commodities trader Glencore, threatening the industry's biggest deal to create a powerhouse spanning mining, agriculture and trading.
Greek leaders face crunch talks as unions strike
Tue, 07 Feb 2012 10:24:10 +0000
ATHENS (Reuters) - Greek party leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.
BP preparing "vigorously" for oil spill lawsuits
Tue, 07 Feb 2012 10:53:08 +0000
LONDON (Reuters) - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains.
Exclusive - Indonesia investors confident on Bumi board shake-up
Tue, 07 Feb 2012 11:03:27 +0000
JAKARTA (Reuters) - The Indonesian shareholders of Bumi Plc are confident they will win approval for their plan to shake up the coal miner's board and remove co-chairman Nat Rothschild, major investor Samin Tan said on Tuesday.
Retailers hit by second worst January on record
Tue, 07 Feb 2012 09:19:03 +0000
LONDON (Reuters) - British retailers suffered their second weakest January since records started in 1995 as shoppers reined in spending after splashing out on December discounts, a British Retail Consortium survey showed on Tuesday.
