Glencore Sweetens Xstrata Takeover Offer

Glencore International Plc raised its offer for mining company Xstrata Plc by 9 percent in a bid to salvage the $36 billion takeover and overcome opposition from investors including Qatar’s sovereign wealth fund.
Lower for Longer Being Priced In to Oil Market: Wilson
15:27 - Andrew Wilson, chief executive officer for EMEA at Goldman Sachs, and Bloomberg's Javier Blas discuss Shell's second-quarter results as the company announces 6,500 job cuts while reaffirming its dividend commitment and examine how lower prices are impacting the oil industry. They speak on "On The Move." (Source: Bloomberg)
  • InterContinental Seeing 'Momentum in Business': CEO
  • Shell CEO Sees Oil Rising to $70 to $90 in 'Long Run'
  • Shell to Cut 6,500 Jobs, Reduce Investment by $7B