Europe closed sharply lower on Thursday, as sentiment was hit by a pullback in oil prices, amid concerns over the global economy. » Read More
London Mining warned that there would be little or no value remaining in its shares and other securities under the currently proposed structure.
Paul Gait, senior metals and mining research analyst at Sanford Bernstein, says there was a "compelling" strategic logic behind Glencore's merger bid for Rio Tinto.
European shares closed lower on Tuesday, with sentiment curbed by weak economic data from Germany and a downturn on Wall Street.
The mooted takeover of mining giant Rio Tinto by upstart Glencore may, in the way of other mining mergers, never happen.
U.S. stock index futures indicated a lower open on Tuesday, as investors anxiously await the start of third-quarter earnings season.
Equities in Asia were mixed on Tuesday as investors focused on central bank decisions in Japan and Australia.
Jessica Ground, U.K. equities fund manager at Schroders, says Glencore's merger bid for Rio Tinto was a "smart move" as it would give it access to the iron ore market.
Rio Tinto rejected a merger approach from rival Glencore in August, the miner said on Tuesday. CNBC's anchors discuss what it means for the sector.
Tim Schroeders, Portfolio Manager at Pengana Capital, discusses news that Rio Tinto rejected a merger approach from smaller rival Glencore in August.
Rio Tinto rejected a merger approach from smaller rival Glencore to create a $160 billion mining and trading giant in August.
European shares closed down on Monday, with sentiment curbed by lower commodity prices as well as an profit warning from supermarket Tesco.
The prices of a range of commodities slid further Monday, dragging down stocks as investors feared more pain ahead for the asset class.
The plaintiffs had accused Goldman Sachs, JPMorgan Chase and others of having conspired since May 2009 to drive up aluminum prices by hoarding supply.
European shares closed mostly lower on Wednesday, with investors focused on central bank policy ahead of this week's Jackson Hole symposium.
Miner Glencore said on Wednesday it will launch a share buy-back program of up to $1 billion over the next six months.
Chinese metals traders have opened offices in Singapore, aiming to capture opportunities created by the exit of a string of Western banks.
Jeff Largey, head of metals and mining research at Macquarie Group, looks ahead to earnings at BHP Billiton and Glencore Xstrata.
European shares were higher on Wednesday, helped along by a rally in the insurance sector, as investors remained focused on geopolitical tensions.
Financiers are grumbling that the U.S. is acting like an imperial power in punishing foreign banks for dealings beyond U.S. territory.
Asian equities ended mixed on Thursday following weak trade data from China and minutes from the Federal Reserve's latest meeting.