- By IBT Staff ReportA potential initial public offering of the Casa de Pedra iron ore mine owned by Brazilian steelmaker CSN would likely raise much more than $2 billion, the company's chief executive said on Monday.
- By IBT Staff ReportChinese President Hu Jintao, made the fifth phone conversation with U.S. President Barack Obama Wednesday. President Hu expressed his confidence that a positive outcome at the upcoming Copenhagen world climate summit in December could be provided improvement in bilateral relations and faced the weather pattern challenge.
- By IBT Staff ReportDespite encouraging macroeconomic data, broad-based declines were seen in high-yield assets including commodities and equities. Investors worried that recent rallies have been overextended and have outpaced improvement in global economies.
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