CHINA

Barrick Gold awaits Minmetals response in Equinox battle

IBTimes Logo
Barrick Gold Corp has not ruled out raising its C$7.3 billion ($7.68 billion) bid for Equinox Minerals , saying it will take a wait and see approach if China's Minmetals Resources <1208.HK> fights back with a higher offer.
More news
IBTimes Logo

Barrick strikes deal for Equinox, tops Minmetals

Barrick Gold Corp said on Monday it had struck a deal to buy Australian copper miner Equinox Minerals for more than C$7 billion ($7.36 billion), topping a takeover offer by China's Minmetals Resources by 16 percent.
IBTimes Logo

Barrick bids for Equinox, tops Minmetals

Barrick Gold Corp has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.
IBTimes Logo

China unveils new wanted, not-wanted industry list

China's economic planning agency on Monday published a new list of industries that it would encourage, restrict or ban, a blueprint that could have a far-reaching impact on investment activity China over the coming years.
Traders work on the floor of the New York Stock Exchange

World Market Overview 04/25/2011

U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
IBTimes Logo

Asian stocks end mixed

Asian stock markets ended mixed on Monday as Chinese shares declined to the lowest level in three weeks on monetary policy tightening concerns.

At Europe’s doorstep, Turkey’s role in Middle East changes and evolves

International Business Times spoke to Dilshod Achilov, a professor of political science at East Tennessee State University, in Johnson City, Tenn., to discuss Turkey’s evolving role in the Middle East, how it is handling the revolutions in the Arab world and its chances for accession into the EU.
IBTimes Logo

Chinese inflation to ease: government

China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.
IBTimes Logo

China, S. Korea rebuff Japan on import restrictions after quake

China and South Korea rebuffed on Sunday Japan's calls for more reasonable restrictions on imports of food and other products that could be contaminated with radiation after last month's nuclear disaster, showing the difficulty Japan will face in restoring trust in its products.
Gold bars and US Dollar bills

Is gold rising because America is broke?

Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
IBTimes Logo

Shanghai offers fee cuts to defuse drivers' strike at port

The government of the Chinese city of Shanghai is cutting some fees to defuse striking truck drivers' anger over high fuel prices, an official spokesman said Saturday, after days of confrontation earlier this week disrupted the world's busiest port.
IBTimes Logo

Rio says reaches accord with Guinea over Simandou

Mining giant Rio Tinto said on Friday it would pay the government of Guinea $700 million after reaching an agreement to resolve all outstanding disputes over blocks 3 and 4 of its Simandou iron ore project.

Nissan LEAF - Why it is the Car Of The Year 2011

The Nissan LEAF is the first of four 100% electric vehicles Nissan has announced, part of our worldwide commitment to becoming a leader in the effort to build a sustainable, low-carbon society.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.