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Ex-BP boss Hayward takes Glencore chair after Xstrata clearout

LONDON/ZUG, Switzerland (Reuters) - A shareholder coup at newly merged commodities group Glencore Xstrata <GLEN.L> ousted its chairman and all former Xstrata directors on Thursday, replacing him with former BP boss Tony Hayward, excoriated for his role in the Gulf of Mexico oil spill. Full story

Glencore woos investors with promise of aggressive cuts

LONDON (Reuters) - Glencore Xstrata <GLEN.L> told investors on Friday it would return cash, cut costs and sell off some assets, raising the possibility it would exceed planned synergies of $500 million. Full story

Glencore sticks to its own for top jobs in merged group

LONDON (Reuters) - Commodities trader Glencore <GLEN.L> has turned to its own internal talent for the team that will run trader and miner Glencore Xstrata after the sector's biggest takeover to date, according to a source familiar with the company. Full story

Glencore seen still hungry after swallowing Xstrata

LONDON (Reuters) - After years of on-off talks, months of brinksmanship and often bitter negotiations, Glencore's <GLEN.L> head Ivan Glasenberg gets to complete the $30 billion acquisition of Xstrata on Thursday, the mining industry's biggest takeover yet. Full story

Glencore concessions to China expected for Xstrata deal

LONDON (Reuters) - Trader Glencore <GLEN.L> is expected to agree to concessions this week to ease Chinese worries over its grip on the supply of copper, clearing the final regulatory hurdle in its $32 billion acquisition of miner Xstrata. Full story

Trading cushions Glencore's 2012 profit drop

LONDON (Reuters) - A rise in profits from trading helped Glencore <GLEN.L> offset lower prices in 2012, with net income down by a quarter as the commodities group prepares to seal a $34 billion takeover of miner Xstrata <XTA.L>. Full story

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Video

  European Shares Lower Ahead of Key Week

CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at shares of Glencore falling as the company revises its $36 billion bid for Xstrata.

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Related Photos

Glencore Xstrata CEO Ivan Glasenberg leaves the first annual shareholders meeting in the Swiss town of Zug
Combination photo shows the logos of Glencore and Xstrata at their headquarters in Zug
Combination photo shows the logos of Glencore and Xstrata at their headquarters in Zug

A combination photo shows the logo of Glencore in front of the company's headquarters in the Swiss town of Baar and the logo of Swiss mining company Xstrata at their headquarters in Zug, both pictures taken November 13, 2012. REUTERS/Michael Buholzer

File combo photo of Glencore and Xstrata logo
File combo photo of Glencore and Xstrata logo

A file combination photo shows the logo of Glencore in front of the company's headquarters in the Swiss town of Baar and the logo of Swiss mining company Xstrata at their headquarters in Zug, both taken November 13, 2012. REUTERS/Michael Buholzer/Files