Xstrata Seen to Back Glencore Deal Without Bonuses
Nov. 20 (Bloomberg) -- Rupert Nathan, an analyst at Fat Prophets, discusses today's shareholder vote on the proposed merger between Glencore International Plc and Xstrata Plc. Qatar Holding LLC, Xstrata’s second-largest shareholder, plans to abstain from a resolution on bonus payments for Xstrata managers. Nathan talks with Mark Barton on Bloomberg Television's "Countdown." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
58:23 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)