New concerns over China’s economic slowdown send British shares into retreat, with miners falling the most. Kirsty Basset reports.
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Tag Archives: BHP Billiton
Glencore to suspend dividend, sell new shares to cut debt
Mining and commodities trading firm Glencore announces it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims to cut its debt by a third to $20 billion by the end of next year.