Standard Chartered matched an eighth straight gain for the London market on Friday as confidence grew that the bank can avoid a cash call.
Zinc's jump, its biggest one-day gain in at least a decade, followed Glencore's announcement that it will cut 500,000 tonnes of annual zinc production.
A great ironworks was opened in 1839 on the south bank of the River Tees in northern England. Known as Teesside, the area became the world's ironmaking capital, with almost 120 blast furnaces operating on the riverbanks by mid-century.
... * G20 finance ministers endorse OECD proposals. * Deal aims to tighten decades-old international tax rules. * Challenge is in implementation of plan.
LONDON—The U.K. takeover rules are tripping up yet another foreign company in the heat of battle. On Wednesday, Carlos Brito, the chief executive of Anheuser-Busch InBev NV, ran afoul of the U.K.