Nathaniel Rothschild Wants to Take Over Bumi

Nathaniel Rothschild, who quit the board of London-listed Bumi Plc last month, has raised $270 million for a proposal to the coal producer that would see it sever ties with shareholders including Indonesia’s Bakriefamily, Rosan Roeslani and Chairman Samin Tan.
Iron Ore Price Sinks Below $50, Lowest in 10 Years
23:52 - Australian miners are under even more pressure as iron ore fell yet again, dropping below $50 for the first time in ten years. Bloomberg's Paul Allen reports on "First Up." (Source: Bloomberg)
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