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Acacia Mining and Endeavour merger could be “compelling” – analyst

Acacia Mining and Endeavour merger could be “compelling” – analyst

The proposed combination of Acacia Mining Plc (LON:ACA) and Endeavour Mining Corp (TSE:EDV) is a “compelling opportunity”, according to analysts at Deutsche Bank. Discussions were confirmed on Friday 13 January 2017 afternoon after the market in London had closed. In a brief regulatory statement, Acacia said that it was in…

Malaysia Airlines plane MH17 with 295 on board ‘shot down’ in Ukraine

Malaysia Airlines plane MH17 with 295 on board ‘shot down’ in Ukraine

A Malaysian Airlines passenger plane has been shot down on the Russian-Ukraine border in an ‘act of terrorism’, killing all 295 people on board including a reported five to ten Britons and 23 Americans. The Boeing 777 aircraft was hit by a sophisticated surface-to-air missile over territory near Donetsk held…

Glencore Xstrata names former BP boss Hayward chairman

Glencore Xstrata names former BP boss Hayward chairman

The former BP boss Tony Hayward has returned to the top ranks of the corporate world, becoming permanent chairman of Glencore Xstrata, the FTSE 100 commodity trading and mining group. Hayward, who left the oil firm in disgrace following the Gulf of Mexico oil disaster, had served as acting chairman of Glencore over the past year, after…

G7 countries agree to intensify sanctions against Russia

G7 countries agree to intensify sanctions against Russia

The leaders of G7 major economies have agreed to intensify sanctions against Russia over the Ukraine crisis, with a US official warning some punitive measures could be imposed as early as Monday. In a statement, the British prime minister, David Cameron, the US president, Barack Obama, the French prime minister, François Hollande, the German…

BoE wants market stability role for clearers

BoE wants market stability role for clearers

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Miliband seeks Labour rule change

Miliband seeks Labour rule change

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