Vedanta Sweetens Offer To Buy Government Stakes In Two Indian Units
Vedanta Resources PLC (VED.LN) is offering up to US$650 million more to buy the Indian government's entire stakes in two subsidiaries Hindustan Zinc Ltd. (500188.BY) and unlisted Bharat Aluminium Co. Ltd. as the U.K.-listed mining company makes a new attempt to consolidate its metals holdings to
Bank Bonds a Slim Sign of Hope
Europe's banks have jumped on the August market rally to sell a type of debt that had been their main source of funding before the sovereign-debt crisis, but analysts warn that the recent rush doesn't signal a return to health, with some deals struggling to attract much demand.
LONDON MARKETS: FTSE Rises In Wake Of Fed Minutes
U.K. stocks advanced on Thursday, tracking European markets, while investors focused on the minutes from the U.S. Federal Reserve meeting the day before, hoping for more stimulus from the agency.