Anglo American Takes $4B Minas-Rio Writedown

Jan. 29 (Bloomberg) -- Bloomberg's Caroline Hyde reports that Anglo American Plc will write down $4 billion of the value of its Minas-Rio iron-ore project in Brazil and raise estimated spending a sixth time after expense blowouts forced Chief Executive Officer Cynthia Carroll to quit. She speaks on Bloomberg Television's "Countdown."
Greece’s Last Stand: Europe Gives Athens Final Deadline
05:16 - Greece gets another deadline, this time its Sunday and it appears to be firm. European creditors told Greece it has to accept their rescue or bailout by Sunday or they’ll propel the country out of the euro. Bloomberg’s Hans Nichols and Guy Johnson report on “Countdown.” (Source: Bloomberg)
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