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Time is ticking on Rio–Glencore merger

Time is ticking on Rio–Glencore merger

Merger talks between Rio Tinto and Glencore are running up against a February 5 deadline, with an extension now looking increasingly likely. As reported by The Australian Financial Review, an extension is considered the most likely scenario. Under UK takeover...
JP Morgan sees gold at $6 300/oz by year-end

JP Morgan sees gold at $6 300/oz by year-end

JP Morgan said late on Sunday it expects demand from central banks and investors to drive gold prices to $6 300 per ounce by year-end. Gold extended its fall on Monday to $4 677.17 per ounce, as of 04:50 GMT, after falling more than 5% earlier in the session to hit...