Anglo American Share News (AAL)

London stocks edge higher after mixed jobs report

FTSE 100 up 0.2%; FTSE 250 adds 0.3%

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London close: Stocks manage gains as unemployment rises

(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.

BHP boss appeals to Anglo investors after bid rejections

JOHANNESBURG/ LONDON, May 14 (Reuters) - BHP Chief Executive Mike Henry said that Anglo American investors need to consider the merits of his company's bid for its smaller London-listed rival, seeking to drum up support for a proposal that has been rejected twice.

South African rand slips as Q1 unemployment rate climbs

JOHANNESBURG, May 14 (Reuters) - South Africa's rand weakened on Tuesday after local data showed the country's unemployment rate rose in the first quarter and local mining output fell in March.

BHP boss urges Anglo American investors to consider takeover benefits

LONDON, May 14 (Reuters) - BHP Chief Executive Mike Henry said that Anglo American investors need to consider the merits of his company's bid for its smaller London-listed rival, seeking to drum up support for a proposal that has been rejected twice.

World shares rest near record highs ahead of US inflation data

SINGAPORE/LONDON, May 14 (Reuters) - World shares marked time on Tuesday, holding just shy of record highs ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying programme.

LONDON MARKET MIDDAY: Stocks flat; BoE's Pill says summer cut possible

(Alliance News) - Stocks in London made muted progress on Tuesday, ahead of key US data, as a leading Bank of England economist suggested talk of a summer rate cut was not "unreasonable."

Anglo CEO says BHP bid forced his hand on demerger of South African assets

JOHANNESBURG, May 14 (Reuters) - The boss of Anglo American said on Tuesday a bid by rival BHP to take over the company forced him to accelerate plans for a spin-off of its South African platinum assets, which come on the cusp of a national election.

South Africa's mines minister: I have no problem with Anglo's platinum demerger plan

JOHANNESBURG, May 14 (Reuters) - South Africa's mines minister Gwede Mantashe said on Tuesday that he had no problem with an Anglo American proposal to demerge its platinum business in South Africa.

World shares little changed ahead of US inflation data

SINGAPORE, May 14 (Reuters) - World shares marked time on Tuesday and were still just shy of record highs ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying programme.

Anglo CEO says BHP bid forced his hand on demerger of S.Africa assets

JOHANNESBURG, May 14 (Reuters) - The boss of Anglo American said on Tuesday a bid by rival BHP to take over the company forced him to accelerate plans for a spin-off of its South Africa's platinum assets, a move set to cause concerns in Pretoria weeks before a national election.

LONDON MARKET OPEN: Stocks steady after soft jobs data; Vodafone stars

(Alliance News) - Stocks in London on Tuesday edged higher in early trading as soft jobs data boosted hopes of an interest rate cut in June.

Anglo shareholder welcomes proposed strategic revamp

LONDON, May 14 (Reuters) - Anglo American shareholder Aegon Asset Management said on Tuesday it welcomed a proposed strategy revamp at the London-listed mining firm, as it tries to fend off a takeover bid from the world's largest miner BHP Group.

South African rand lower ahead of mining and unemployment data

JOHANNESBURG, May 14 (Reuters) - South Africa's rand weakened early on Tuesday, ahead of local mining and first quarter unemployment data.

TOP NEWS: Anglo American unveils most "radical" strategy in decades

(Alliance News) - Anglo American PLC on Tuesday unveiled a new "radical" strategy that will see it keep copper and iron ore assets, while getting rid of platinum and diamond businesses.