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."
A Lot of Things to Be Doing In Emerging Markets: Mowat
02:13 - JPMorgan Chief Asia and Emerging Markets Strategist Adrian Mowat discusses his outlook for the second quarter, emerging markets and how he's advising his clients. He speaks to Bloomberg's David Ingles, Yvonne Man, Angie Lau and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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