Glencore Raises Xstrata Takeover Offer by 9%

Sept. 7 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Glencore raises its bid for Xstrata by 9 percent, China's spending plan boosts stocks, the U.S. Senate escalates its probe on JPMorgan "whale" trades and Apple seeks to create a music service to rival Pandora. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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