Canada’s economy shrank 0.1% in August, the first drop in six months, driven mainly by depressed manufacturing and energy sectors, Statistics Canada said Wednesday.
Potash Corporation of Saskatchewan (TSX:POT) is allegedly in talks with the Israeli government concerning a potential merger/ takeover of Israel Chemicals Ltd. in a deal that may be worth over $13.5 billion.
The European Commission said Wednesday it is delaying the deadline to emit a verdict on Glencore International PLC's $70 billion merger proposal with Xstrata (LON:XTA) after Glencore (LON:GLENA) made concessions to reduce EU concerns about too much potential concentration of interests in northern Europe.
An economic researcher from the Chinese Academy of Social Sciences says China must give up the breakneck growth rate it's maintained since the turn of the century
Rex Minerals (ASX:RXM) has released the prefeasibility study for its proposed copper project at Ardossan indicating that the mine would cost AUD$900 million to construct and generate $11 billion over its current mine life.