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Commodities Trading News
Xstrata merger 'could cost Glencore £25bn'
Glencore, the commodities trading giant, may have to pay £25bn to make its proposed merger with Xstrata happen, according to new research.
Read more...Glencore and Xstrata close to $88B deal
Glencore and Xstrata have launched merger talks to create a $88bn commodities trading and mining giant with the financial muscle to sweep up some of its biggest rivals.
Read more...Bets on Raw Materials Expanding Fastest Since 2006: Commodities
Investments in commodities are expanding at the quickest pace in six years on signs of rising economic growth, even as JPMorgan Chase & Co. and Goldman Sachs Group Inc. warn that some prices have rallied too fast.
Read more...Glencore and Xstrata in Talks for $80 Billion Deal
Glencore International, the biggest commodities trading company in the world, has approached the mining company Xstrata about a takeover, a long-anticipated deal that would create a company with a market value of about $80 billion.
Read more...Optimism rules among commodities traders
Observers cancel their ‘red alert’ warnings for the world economy
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