Europe

July 27, 2012

Unions stop Codelco from selling off Gaby

The board of Codelco has authorized its chief executive, Thomas Keller, to go ahead with feasibility studies to turn its subsidiary Gabriela Mistral into a new business division.

July 27, 2012

Nord’s HRG offer still too low

I fully expect the committee to come out and endorse the offer from Nord and to recommend HRG shareholders accept the offer in one of its forms the valuation to…

July 26, 2012

What disaster economics means for investors

As one generational cohort of money managers yields control of the world’s portfolios, a new one is emerging that perceives disasters as more frequently occurring than their predecessors.

July 26, 2012

How Caterpillar explains the world

Caterpillar builds machines for digging up the earth. When countries grow, they need more machines. When they stop growing, they need fewer. That's one reason why a company like Caterpillar,…

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