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The Bank of England has begun a difficult two-day interest rate meeting as the British economy has almost ground to a halt and consumer confidence
Anglo-Swiss mining company Xstrata has launched a hostile 6.3 billion euro takeover bid for the world’s third-biggest platinum producer, Lonmin. It
Austrian oil and gas group OMV has called off its unsolicited 15 billion euro bid for its Hungarian rival MOL. It said that was because conditions
European stocks ended the session higher on Wednesday, up for a second day. Xtrata’s bid for Lonmin triggered a rally in mining shares. Lonmin jumped
There has been a military coup in Mauritania.
The army says it has overthrown the President and set up a State Council – headed by the former chief