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Xstrata Plc

Fed’s Fisher: Yellen, Draghi agree no need for immediate QE

Dallas Fed President Richard Fisher tells FBN’s David Asman that he and Janet Yellen agree that fiscal reform is needed more than monetary reform.

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  1. Report: JPM Metals Futures Business May be For Sale

    JPMorgan Chase & Co, the world's biggest dealer in over-the-counter metals derivatives, has added its metals futures brokerage to the sale of its physical commoditie...

  2. Swiss voters reject proposal to limit executives' pay

    Swiss voters rejected a proposal on Sunday to cap the salaries of top executives at 12 times that of a company's lowest wage, heeding warnings from industry leaders ...

  3. U.S. Justice Dept still looking into metals warehousing

    The U.S. Justice Department is still "looking at" allegations that metals warehousing companies have inflated prices, a top official said on Friday, amid continued i...

  4. Australia Stocks Fall, But Gold Shares Outperform

    Australian equities struggled early Monday, pulling back at the start of the week ahead of a possible U.S. government shutdown and ahead of the Australian central ba...

  5. Aluminum Premiums Fall

    U.S. regulatory scrutiny, lawsuits and proposed changes to metal storage practices have brought relief for buyers of aluminium as costs paid to secure material from ...

  6. European Shares Eye One-Month High

    European shares rose to near one-month highs on Tuesday on ebbing expectations of U.S.-led military action against Syria alongside robust macroeconomic data out of C...

  7. Glencore Xstrata Suffers Steep Writedown

    Glencore Xstrata took a $7.7 billion hit on Xstrata's mining assets on Tuesday, drastically reducing the value of early-stage projects after falling prices dragged d...

  8. Mining Stocks Drag European Markets Lower

    European shares dropped further on Monday from their recent 2-1/2-month highs, dragged lower by weaker miners, with persistent concern about a cut in U.S. stimulus b...

  9. CFTC Notches Up Metals Price-rigging Probe

    The U.S. Commodity Futures Trading Commission has sent a subpoena to a metals-warehousing company asking for records, as the regulator steps up its inquiry into pric...

  10. Glencore , JPMorgan Sued Over Aluminum Scheme

    Glencore Xstrata and JPMorgan Chase & Co face a U.S. lawsuit alleging they artificially inflated aluminium prices, the second legal challenge related to metal wareho...

  11. Factbox: JPMorgan's physical commodity trading

    JPMorgan Chase & Co. has expanded into the physical commodity markets aggressively over the past five years, first with the purchase of Bear Stearns in 2008 and most...

  12. Peabody, Glencore Xstrata slash Australian coal mining jobs

    Peabody Energy Corp and Glencore Xstrata will cut around 500 mining jobs in Australia, a company official and trade publication said on Tuesday, as a global glut in ...

  1. America’s top trucker on his National Truck Driving Championships win

    National truck driving champion Paul Brandon on his career and his national title victory.

  2. Exclusive: Nigeria favors local firms in $40 billion oil contract awards

    Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, m...

  3. Global Stock Selloff Persists

    There was no let-up for bruised share markets on Monday as growing fears of a military conflict in Ukraine followed last week's heavy sell-off on Wall Street, Tokyo ...

  4. European Stocks Stretch Losses, But Glencore Gains

    European stocks fell Monday, as investors extended last week's sell off, and as markets watched escalating tensions between the Ukraine and Russia. The Stoxx Europe ...

  5. European Stocks Fall After Weak China Export Data

    European stock markets started the week on a weak footing on Monday after Chinese exports unexpectedly slumped in February, signaling a slowdown in global demand for...

  6. European Stocks Drop From Six -year High

    European stock markets fell from a six-year closing high on Tuesday, with mining firms sliding as metals prices weakened and Vivendi SA dropping after an earnings re...

  7. European Stocks Slip After China Data Disappoint

    European stock markets opened lower on Thursday, with mining firms posting some of the biggest losses after factory data from China showed the manufacturing sector i...

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