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UK Financial News
Recruiters gain from European transition
Employers are increasingly turning away from in-house processes
No antitrust hurdle to Xstrata merger
Chief says winning a regulatory green light in Brussels, China and South Africa will be time consuming but no more than a ‘legal formality’
Tie-up to boost capability for mining deals
A merger of Glencore and Xstrata would mean a bigger balance sheet, giving the group more firepower to buy larger targets such as Anglo-American
 
World Financial News
New Greek bail-out to prioritise debt holders
New proposal would ensure bondholders were paid off while other funds could be held back if Athens did not live up to reform pledges
Worries about Greece hobble rally
Investors are torn between fears of Greek default and hopes for global economic recovery
Australia defies expectations and holds rates
The RBA held the official cash rate at 4.25%, citing signs of improvement in the global economy, but kept monetary easing on the table
 
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