BERLIN German Chancellor Angela Merkel told a German radio station that the emissions scandal around German carmaker Volkswagen (VOWG_p.
Glencore would listen to offers for a takeover of the entire company but its management does not believe there are any buyers willing to pay a fair value for the business in the current market, London's The Sunday Telegraph has learnt.
The Financial Conduct Authority (FCA) is considering whether a deadline should be introduced for customers claiming compensation for the mis-selling of payment protection insurance (PPI) and is expected to publish its recommendation shortly.
Flanked by interest rate decisions in Britain, Japan and Australia, the IMF's annual meeting in Lima takes centre stage in the calendar next week, with policymakers focusing on China's economic slide and its impact on the rest of the world.
The acquisition comes a few months after the Israeli-based firm agreed to buy Allergan's generics for $40.5bn, further consolidating its position as the world's number one generic drug manufacturer.