ArcelorMittal Writes Down European Business by $4.3bn on Weak Demand

Steel demand in Europe declines by nearly 8 percent in 2012

ArcelorMittal takes an impairment charge of $4.3bn in the fourth quarter due to weakness in the European markets.

Combination photo shows the logos of Glencore and Xstrata

Glencore-Xstrata Merger Clears EU Hurdles, Awaits Nod from China and South Africa

EU approved the merger between Glencore and Xstrata but the deal is yet to be okayed by China and South Africa.

Xstrata Chairman Bond, CFO Reid and CEO Davis

Xstrata Shareholders Approve Glencore Merger but Reject 'Golden Handcuffs'

Xstrata receives shareholders' approval to merge with Glencore, paving the way for the formation of a natural resources giant.

Kazakhmys Shares Fall Following Q3 Production Report

Shares in mining company Kazakhmys were down on the FTSE 100 in afternoon trading, after issuing a production report for the third quarter ended 30 September 2012.

Anglo American Share Price up as Q3 Production Rises

Shares in Anglo American were up on the FTSE 100 in afternoon trading after the mining group reported significant increases in production during the third quarter ended 30 September.

IPO

Formula One Gets Greenlight for $3 Billion Flotation

09:53 AM ET

Media sources say that motor racing giant Formula One has gained approval for an initial public offering worth nearly $3bn on Singapore's stock exchange.