The Back-Story Behind Xstrata and Glencore's Talks

Xstrata Plc will recommend shareholders vote in favor of a 20.5 billion-pound ($33 billion) takeover offer by Glencore International Plc after making changes to the terms to satisfy investors’ demands, according to a person familiar with the matter.

Shakeup: Samsung Replaces Mobile-Unit Chief
21:21 - Samsung replaced the executive overseeing its mobile-phone business as the company tries to protect a dwindling sales lead against Apple and Chinese makers. Bloomberg's Jungah Lee reports on "Trending Business." (Source: Bloomberg)
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