Xstrata First-Half Profit Falls by 33%

Xstrata Plc, target of a $28 billion takeover bid by Glencore International Plc, said first-half profit dropped 33 percent after commodity prices declined.

Lloyd's Chairman Says Brussels Office at Heart of EU
11:03 - John Nelson, chairman at Lloyd's of London, talks about the company's decision to establish a post-Brexit subsidiary in Brussels as he sees uncertainty encouraging companies to leave London. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)
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