Anglo American agrees to merge its Tarmac aggregates business with the British arm of French cement maker Lafarge in a £1.8 billion deal which looks bound to attract the attention of competition watchdogs... more
The blockbuster mining merger that never quite happened was finally called off today as ultra-acquisitive Xstrata removed its tanks from the lawn of Anglo American ... more
Lloyds Banking Group today sold a 10% stake in London-based residential property developer Quintain Estates & Development, which it acquired along with duff bank HBOS earlier this year, notching up a thumping loss of almost £100 million ... more
Goldman Sachs is the latest broker to warn of future dividend cuts following publication of the water industry regulator Ofwat’s draft tariff proposal for the next five years ... more
London’s leading shares resumed their unusual summer rally after an early-morning wobble today, and were heading for a tenth straight day of gains... more
Merchant ships, which have been riding at anchor off our shores for months, are now building-up a full head of steam as they look to benefit from increased Chinese demand for raw materials ... more
Mining giant Anglo American has appointed Sir John Parker as its new chairman, replacing Sir Mark Moody-Stuart who is retiring after seven years at the helm ... more
Embattled Anglo American boss Cynthia Carroll won a rare vote of support today as one of her mining giant’s biggest shareholders said that she was pursuing the right strategy ... more
There is still no sign that the slump in the housing market has hit rock bottom. In fact, some property experts are predicting prices will continue falling throughout the remainder of this year, by as much as another 10% to 20% ... more
A brief flurry of speculative buying saw shares of Dana Petroleum strike a high for the day of 1470p as talk whizzed around the Square Mile that a bid was on the way... more
Mining: Anglo American has become the latest miner to announce swingeing cuts to spending in the coming year as demand for raw materials slumps... more
Energy: Moves to produce so-called clean coal technology have suffered another blow after a project backed by Shell and the mining giant Anglo American was shelved... more
Metals and mining stocks are vastly undervalued and the biggest diversified companies like Xstrata, Anglo American and Vedanta resources appear to be screaming buys. ... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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