Track-It Johannesburg

Anglo American Plc climbed to its highest in eight months amid speculation a combined Xstrata Plc and Glencore International Plc could make a bid for the diversified mining company.

MTN Group Ltd., Africa’s largest mobile-phone operator, dropped the most in a month after saying Turkcell Iletisim Hizmetleri AS may file a lawsuit against the company over the acquisition of an operating license in Iran.

Central bankers in Africa’s biggest economies are admonishing their governments as spending plans subvert the power of monetary policy and threaten to quicken inflation at a time when Europe slips into a recession.

Glencore International Plc, the world’s largest publicly traded commodities supplier, is in talks with Xstrata Plc to merge in a deal that would create an $82 billion rival to BHP Billiton Ltd.

Already one of the cheapest major mining companies, Anglo American Plc is becoming an even more likely takeover target with Xstrata Plc and Glencore International Plc’s potential merger threatening to leave it dwarfed by three of its closest...

Glencore International Plc, the world’s largest publicly traded commodities supplier, is in talks with Xstrata Plc to merge in a deal that would create an $82 billion rival to BHP Billiton Ltd.

Merged companies would be a formidable force on the global mining scene

Xstrata Plc said it received an approach from Glencore International Plc, its largest shareholder, and is in talks with the commodities trader regarding an all-share “merger of equals.”

Egypt's ruling military council announces three days of mourning after at least 74 die in clashes between fans of rival football teams.

Glencore International Plc is nearing an agreement to combine with Xstrata Plc, adding mines from Africa to Asia to the world’s largest listed commodity trader, said two people with knowledge of the plan.