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  • Banks Lead Euro Stocks Lower; HSBC Gains Monday, 3 Mar 2008 | 11:56 AM ET

    European stocks closed lower across the board Monday, despite recovering form earlier lows, with banks suffering the worst of the selling on continued concerns over the state of the U.S. economy.

  • US Data Push European Stocks Lower Friday, 29 Feb 2008 | 11:48 AM ET

    European stocks ended lower across the board Friday after data showed manufacturing in the U.S. Midwest fell to the lowest level in over six years, worsening the outlook for the world's biggest economy.

  • Vale Talks to Take over Xstrata Hit Impasse Thursday, 28 Feb 2008 | 5:14 AM ET

    A dispute over marketing rights held by mining group Xstrata's biggest shareholder is threatening a possible takeover by Brazil's Vale worth around $90 billion, a source close to the situation said on Thursday.

  • Brazil Miner Vale Raises Bid for Xstrata: Source Thursday, 21 Feb 2008 | 9:47 AM ET

    Brazilian miner Vale has raised its bid for rival Xstrata by 17 percent to more than $89 billion, and a formal offer is expected in the coming days, a source with direct knowledge of the merger talks said Thursday.

  • Euro Stocks End Lower on Bank Concerns Wednesday, 20 Feb 2008 | 1:17 PM ET

    European stocks ended firmly lower Wednesday as the outlook for banks remained gloomy in the wake of writedowns from Alliance & Leicester and BNP Paribas.

  • Investors Punish ThyssenKrupp for Results Confusion Wednesday, 13 Feb 2008 | 2:23 PM ET

    German industrial group ThyssenKrupp on Wednesday posted a first-quarter pretax profit drop in line with its preliminary guidance but investors punished the company for confusion over its results.

  • ArcelorMittal Meets Profit Forecasts, CFO Bullish Wednesday, 13 Feb 2008 | 2:21 PM ET
    Factory, Anshan, China

    Arcelor Mittal's profit came in at the top of analysts’ expectations Wednesday but its shares fell on profit taking, despite bullish comments from Aditya Mittal, president and CFO of the world’s largest steel maker.

  • Euro Stocks End Mixed, US Retail Boosts Wednesday, 13 Feb 2008 | 12:25 PM ET

    European stocks ended mixed Wednesday, despite surprisingly good news from the U.S. retail sector, which pulled the major indexes higher in the afternoon session.

  • Rio CEO Predicts Growth, Says BHP Bid too Low Wednesday, 13 Feb 2008 | 11:17 AM ET

    Rio Tinto will continue to benefit from high Chinese demand for resources thie year, while BHP Billiton's bid is 'a long way away' from valuing the company fairly, Rio's CEO told CNBC.

  • Xstrata Rejects $76 Billion Bid Approach from Vale: FT Tuesday, 12 Feb 2008 | 1:08 PM ET

    Miner Xstrata has rejected a cash-and-shares takeover approach from Brazil's Vale pitched at just under 40 pounds a share, or 39 billion pounds ($76 billion), the Financial Times said.

  • Euro Stocks Rally, Financials Gain Tuesday, 12 Feb 2008 | 12:40 PM ET

    European stocks closed sharply higher Tuesday, after U.S. billionaire investor Warren Buffett inspired a late rally by offering to take on $800 billion worth of debt insured by top bond insurers.

  • Euro Stocks End Lower, Banks Decline Monday, 11 Feb 2008 | 1:12 PM ET

    European stocks ended lower across the board Monday, with banking and insurance stocks suffering the worst of the selling. Warnings of further financial turmoil from G7 finance ministers at the weekend contributed to the session’s bearish sentiment.

  • Rio Urges Shareholders to Take No Action on BHP Bid Monday, 11 Feb 2008 | 6:51 AM ET

    The chairman of mining company Rio Tinto wrote to shareholders on Sunday, urging them to take no action on a bid for the company by rival miner BHP Billiton.

  • Housing Slump Hurts Weyerhaeuser's Profit Friday, 8 Feb 2008 | 7:41 AM ET

    Weyerhaeuser posted a fourth-quarter loss Friday as its wood products business was hurt by the slump in the U.S. housing market, though adjusted earnings still beat Wall Street expectations.

  • Euro Stocks Higher After Choppy Session Wednesday, 6 Feb 2008 | 12:09 PM ET

    European shares managed to end a volatile session in positive territory Wednesday, having followed U.S. stocks higher and gained from bullish utilities and telecom stocks.

  • Chinalco President Lobbies Australia on Rio Stake Monday, 4 Feb 2008 | 10:47 PM ET
    Rio Tinto

    Aluminum Corp of China will explain to Australian political leaders on Tuesday why it bought a 9 percent stake in Rio Tinto, in a move seen as an attempt to ease concerns may try to take over one of Australia's biggest companies.

  • Chinalco Says No Plans for Bigger Rio Stake Monday, 4 Feb 2008 | 1:24 PM ET
    Rio Tinto

    Aluminum Corp of China (Chinalco) said on Monday it was content with the $14 billion stake it bought last week in miner Rio Tinto, dousing talk it was planning a rival bid to BHP Billiton's offer for Rio.

  • Euro Stocks End Higher on Rio Interest Friday, 1 Feb 2008 | 12:27 PM ET

    European stocks ended firmly higher across the board Friday, despite weaker-than-expected U.S. economic data, as China and U.S. aluminum producer Alcoa teamed up to buy a $14 billion stake in Rio Tinto.

  • Chinalco, Alcoa Take 12% Stake in Rio Tinto Friday, 1 Feb 2008 | 8:27 AM ET
    Rio Tinto

    China teamed up with U.S. aluminum producer Alcoa to buy a $14 billion stake in Rio Tinto on Friday and said it may make a bid, threatening miner BHP Billiton's efforts to win Rio.

  • Euro Stocks End Flat After Late Rally Thursday, 31 Jan 2008 | 12:23 PM ET

    European shares rallied in late trading on Thursday to close largely flat as gains for mobile phone maker Nokia and chemicals maker BASF offset losses for financials, notably UBS.

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