Glencore Prepared to Abandon Xstrata Deal

Glencore International Plc is prepared to shelve a $30 billion deal to buy Xstrata Plc, walking away from the year’s largest takeover rather than give in to demands from Qatar’s sovereign wealth fund and “overpay” for the mining company.

Will the Fed Go Negative on Rates?
21:17 - Bloomberg's Alexandra Scaggs reports on the possibility for the Fed to implement negative interest rates. She speaks on "Bloomberg Markets." (Source: Bloomberg)
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