Tag Archives: citing
Glencore Set to Lay Off Several Xstrata Managers
Glencore International PLC (GLNCY) will lay off hundreds of Xstrata PLC (XTA.LN) managers when it takes control of its rival and clears out many of the mining group’s top executives, U.K. daily The Times reported on its website Wednesday, without citing specific sources Continue reading
Spain Cancels Lottery Loan Plan
The Spanish government has decided to cancel for the second time since late last year a plan to raise 6 billion euros ($7.8 billion) through a loan backed by the country’s lottery company Sociedad Estatal de Loterias y Apuestas del Estado SA to cover part of the financing needs of Spanish regional governments, reports Expansion in its Friday online edition, citing people involved in the process. Continue reading
Evolution’s Gold Output Down on Bad Weather, But Reaffirms Guidance
Evolution Mining Ltd. (EVN.AU) Tuesday reported a 17% fall in quarterly gold production, citing disruptions to its Queensland operations caused by cyclone activity earlier in the year. Continue reading
China Big Four Banks Issued CNY228 Billion New Loans in March 1-24 -Report
China’s four largest state-owned banks issued 228 billion yuan ($36.7 billion) of new yuan loans in March 1-24, the 21st Century Business Herald reported Wednesday, citing unnamed “authoritative” sources. Continue reading
CBS nears deal to buy half of TV Guide Network: reports
NEW YORK (Reuters) – CBS Corp is nearing an agreement to purchase about half of TV Guide Network, according to various media reports on Friday. Continue reading
Rio Tinto May Sell Two French Aluminum Plants
Mining giant Rio Tinto PLC (RIO) is in exclusive talks to sell two French aluminum plants to privately-held German company Trimet Aluminium AG, French daily Les Echos reported in its Thursday edition, citing a statement by Industry Minister Arnaud Montebourg. Continue reading
