Glencore’s Hong Kong listed shares rose 3.9 per cent  after Rio Tinto said it had rejected a merger approach from the commodities trader to create a $160 billion giant. Photograph: Michael Buholzer/Reuters

Rio Tinto rejected a merger approach from smaller rival Glencore to create a $160 billion mining and trading giant in August just as the price of its (...)

BHP Billiton’s plans are well advanced and could include the Nickel West business that the world’s biggest miner has been trying to sell. Photographer: Will Burgess Bloomberg

Diversified mining company BHP Billiton indicated its preference for a demerger of its aluminium, manganese and nickel assets yesterday, setting the s(...)

Businessman Denis O’Brien is the biggest INM shareholder, with a 29.9 per cent stake. Photograph: David Sleator

With distance comes a certain clarity and this seems to hold true on the vexed subject of who controls Independent News & Media, the larges(...)

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