The Back-Story Behind Xstrata and Glencore's Talks

Xstrata Plc will recommend shareholders vote in favor of a 20.5 billion-pound ($33 billion) takeover offer by Glencore International Plc after making changes to the terms to satisfy investors’ demands, according to a person familiar with the matter.

Russian Energy Minister Sees Option to Extend Oil Cuts
22:22 - Russian Energy Minister Alexander Novak discusses a possible extension to oil output cuts. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Oanda's Innes Says Reasons to Like Dollar Aren't Evident
  • Kuwaiti Oil Minister Is Not Surprised Oil Has Fallen
  • Chart Partners Sees Nikkei Doing Better Than Dollar