Ivan Glasenberg

Glencore's offer gets Xstrata board nod

Glencore's offer gets Xstrata board nod

Xstrata's board has recommended that shareholders back a US$33 billion sweetened takeover offer by Glencore International after gaining assurances on board composition and de-linking votes on the bid and bonus payments.

Tuesday, 2 October, 2012, 4:03am

Talking points

Our editors will be looking ahead today to these developing stories ...

South Korean president in energy talks

7 Feb 2012 - 12:00am

Glencore takes inflation in stride

Commodities giant Glencore has attempted to shrug off fears of a slowdown in China and a commodities crash.

15 Jun 2011 - 12:00am

Lai See

Lights go out an hour earlier to show that AIA 'loves the earth'

We reported yesterday that an elderly shareholder had chided AIA at its AGM on Thursday about the neon sign on top of its North Point headquarters. He claimed the sign was lit up from dusk till dawn and asked that it be turned off at 11pm 'to show we love the earth.'

28 May 2011 - 12:00am

Lai See

Still waiting on judgement day at the coal face

26 May 2011 - 12:00am

Glencore denies tax evasion over mine in Zambia

Commodities trader Glencore has denied accusations of illegally evading tax in Zambia.

The Swiss-based supplier of commodities from copper to corn, which is set to raise US$7.9 billion in a London and Hong Kong initial public offering, also disclosed in its listing prospectus that it paid just over 5 per cent income tax last year.

13 May 2011 - 12:00am

Lai See

Accountants blow trumpet on industry's role in city

We see the Hong Kong Institute of Certified Public Accountants has not been shy in blowing its trumpet loudly in its latest annual report.

30 Apr 2011 - 12:00am

Lai See

Simon Murray shows true grit and comes a tad unstuck

27 Apr 2011 - 12:00am