LONDON Nov 2 (Reuters) - Commodities trader Glencore is among a group of suitors considering an offer for miner Anglo American's majority stake in the Amapa iron ore operation in northern Brazil, according to sources familiar with the matter. Anglo bought control of Amapa in 2008 from Brazilian billionaire Eike Batista's MMX as part of the $5.5 billion Minas Rio … [Read more...] about Glencore, others eye Anglo’s Amapa iron ore operation
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S.Africa budget airline 1time files for liquidation
JOHANNESBURG Nov 2 (Reuters) - South African budget airline 1time Holdings said on Friday it had filed for liquidation and that trading of its shares had been halted. The company said in statement it "had no reasonable prospect" of being rescued. (Reporting by David Dolan) © Thomson Reuters 2012 All rights reserved … [Read more...] about S.Africa budget airline 1time files for liquidation
UPDATE 1-Glencore among suitors for Anglo’s Brazil Amapa stake
* At least four bidders in second phase of sale - sources * Anglo owns 70 percent of Amapa * Amapa targets 5.5 million tonnes of iron ore in 2012 By Clara Ferreira-Marques and Silvia Antonioli LONDON, Nov 2 (Reuters) - At least four suitors including commodities trader Glencore are in the bidding process for miner Anglo American's majority stake in the … [Read more...] about UPDATE 1-Glencore among suitors for Anglo’s Brazil Amapa stake
PRECIOUS-Gold hits two-month low after U.S. jobs data
* U.S. non-farm payrolls data beats expectations * Dollar rises to 7-week high against currency basket * Indian gold buying picked up as prices retreated By David Brough LONDON, Nov 2 (Reuters) - Gold prices fell to their lowest level since late August on Friday, sliding more than 1 percent as the dollar jumped after better-than-expected U.S. jobs data in … [Read more...] about PRECIOUS-Gold hits two-month low after U.S. jobs data
UPDATE 1-S.Africa budget airline 1time files for liquidation
* Small budget airline files for liquidation * Hundreds left stranded on Friday * Shares have fallen 87 pct this year (Adds details) JOHANNESBURG, Nov 2 (Reuters) - South African budget airline 1time Holdings said on Friday it had filed for liquidation and cancelled its flights, after pulling the plug on a rescue plan. The airline, which operated flights … [Read more...] about UPDATE 1-S.Africa budget airline 1time files for liquidation
