News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

BBC Business News

• Glencore-Xstrata in $90bn merger
  Tue, 07 Feb 2012 07:10:36 GMT
  Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  

• UBS profits down on weak business
  Tue, 07 Feb 2012 07:00:38 GMT
  Profits at Swiss bank UBS slump by three-quarters and the outlook remains tough as the eurozone crisis saps business.
  

• US bank chairman in Vietnam push
  Tue, 07 Feb 2012 05:45:05 GMT
  The head of the US Export-Import Bank, an independent federal agency, pushes for infrastructure deals with Vietnam worth $1.5bn (£949m).
  

• India miners face licence repeal
  Tue, 07 Feb 2012 05:32:45 GMT
  A panel appointed by India's Supreme Court has recommended that the licences of as many as 49 iron ore miners should be cancelled.
  

• Macquarie falls on profit warning
  Tue, 07 Feb 2012 03:41:01 GMT
  Macquarie Group, the largest investment bank in Australia, says it expects full year profits to drop 25% as a weak market hurts its business.
  

BBC News

• Syria army renews assault on Homs
  Tue, 07 Feb 2012 07:11:17 GMT
  The Syrian army resumes heavy shelling in the restive city of Homs as Russian Foreign Minister Sergei Lavrov is due in Damascus for talks.
  

• Glencore-Xstrata in $90bn merger
  Tue, 07 Feb 2012 07:10:36 GMT
  Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  

• Maldives police 'take state TV'
  Tue, 07 Feb 2012 07:08:36 GMT
  Police in the Maldives have taken control of the state broadcaster amid protests, reports say.
  

• Rugby regions facing big shake-up
  Tue, 07 Feb 2012 07:06:55 GMT
  Professional rugby in Wales could face another shake-up, with some regions receiving more funding than others.
  

• VIDEO: Skydiver to jump from space
  Tue, 07 Feb 2012 07:05:44 GMT
  An Austrian adventurer is making the final preparations to jump from the very point where the atmosphere ends and space begins.
  

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