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Australian mining giant BHP drops Anglo American takeover bid
Australian mining giant BHP drops Anglo American takeover bid
by  AFP

Australian resources giant BHP said Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper. Bloomberg News reported on Sunday that BHP, the world's largest mining company, had approached Anglo with a bid in an attempt to disrupt a merger with Canadian peer Teck Resources.

UN climate summit nears end as EU accepts watered-down deal
UN climate summit nears end as EU accepts watered-down deal
by  AFP

Nations neared a deal at the UN climate summit Saturday after the EU accepted a text with only an implicit nod to phasing out fossil fuels following fraught negotiations with oil producers and emerging countries. The EU, which had warned that the summit could end without a deal if fossil fuels were not addressed, accepted the watered-down language.

Japan businesses brush off worries over China tourists
Japan businesses brush off worries over China tourists
by  AFP

Shiina Ito has had fewer Chinese customers at her Tokyo jewellery shop since Beijing issued a travel warning in the wake of a diplomatic spat, but she said she was not concerned. But travel agency manager Wu said that the spat would not stop holidaymakers dreaming of Tokyo.