European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.» Read More
PAY DIRT: The board of Anglo-Swiss mining company Xstrata PLC is recommending shareholders accept merger terms with Swiss commodities trader Glencore PLC _ a deal that would create an industry behemoth with revenues around $175 billion. KING COAL: Xstrata is the world's biggest exporter of thermal coal and also produces copper, nickel and zinc.
Italy needs a strong political government, not another technocrat administration when Prime Minister Mario Monti's term ends in the spring, the head of the country's main employers' confederation said on Sunday.
CNBC's Kate Kelly reports the latest details on the battle between Glencore and Qatar Holdings for what could promise to be the year's biggest M&A deal.
Glencore's CEO says there is "no rush" on the Xstrata deal, reports CNBC's Kate Kelly.
Rupert Nathan, head of fund management at Fat Prophets, told CNBC, at the present level Glencore won't be successful, the forces up against them, led by the Qataris are too great and they will have to sweeten the offer.
Sean Corrigan, Chief Investment Strategist, Diapason Commodities Management, says Xstrata's management hasn't looked after shareholders.
Discussing Glencore's $41B acquisition of Xstrata and its impact on other commodity mergers, with Anthony Young, Dahlman Rose analyst.
China has again outshone the U.S. as the top venue for initial public offerings despite steep share price falls on the mainland and Hong Kong stock markets, highlighting the shift in global financial activity from west to east.
Watch the Glencore, Pandora and Prada to get an assessment of the markets and economy, with the Fast Money traders.
CNBC's Carolin Schober has the details on Gelncore's shares closing below its offer price on its first official day of trading, and the giant ash cloud looming in Europe.