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.
Euro’s April Rally Biggest in Five Years
39:04 - Bloomberg’s Yvonne Man reports on the latest stories moving the FX market on “First Up.” (Source: Bloomberg)
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  • China Welcomes Taiwan’s Aim to Join AIIB