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Xstrata and Glencore agreed to revised retention-pay terms in their merger, shifting the focus to whether Glencore is willing to sweeten the price.
A former German banking executive was given 8½ years in jail after admitting to accepting $44 million in payments from Formula One mogul Bernie Ecclestone.
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Shock and awe. Qatar Holding's demand for Xstrata to get better terms in its all-share merger with Glencore has shocked those who assumed it supported the deal. The awe stems from the Qataris' ability to derail the deal.
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Italian auto maker Fiat is expected to boost its ownership of Chrysler to 61.9% from 58.5% as early as next week by purchasing shares held by a trust that provides health care for retired union workers.
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Tata Motors and the local unit of General Motors will suspend vehicle production at their factories this week to avoid piling up stocks amid tepid demand in Asia's third-largest automotive market.
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