China to abolish access restrictions on foreign investment in energy sector
Country to fully lift access restrictions on foreign investment in coal, oil, gas, power generation and new energy businesses, according to white paper.
Miner and commodities trader Glencore (LON:GLEN) has performed a coup d'etat on a deal that was practically sealed between Yancoal Australia (ASX:YAL) and Rio Tinto’s (ASX, LON:RIO) for Rio's coal assets in Australia's Hunter Valley.
Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.