![[Trader Bradley Silverman works on the floor of the New York Stock Exchange]](http://s.wsj.net/public/resources/images/OB-CL986_1007ny_A_20081007174235.jpg)
![[A trader works on the floor of the New York Stock Exchange, Oct. 6, 2008.]](http://s.wsj.net/public/resources/images/OB-CL802_market_A_20081006221931.jpg)
![[Ebay Inc. headquarters in San Jose, Calif.]](http://s.wsj.net/public/resources/images/OB-CL799_ebayhe_A_20081006221311.jpg)
![[RBS Barclays Lloyds]](http://s.wsj.net/public/resources/images/OB-CL840_heardu_A_20081007105702.jpg)
![[Mitsubishi]](http://s.wsj.net/public/resources/images/OB-CL838_mitsub_A_20081007104116.jpg)
![[Gordon Brown, Angela Merkel]](http://s.wsj.net/public/resources/images/OB-CL690_merkbr_A_20081006134357.jpg)
The European Commission Friday launched an investigation into Anglo-Australian miner BHP Billiton's unsolicited $170 billion bid for rival Rio Tinto PLC, just as BHP closed out one of the most difficult years of negotiations between steelmakers and iron-ore providers.
BHP said Friday it had reached an agreement with China's Baosteel on an iron-ore price rise, with the increase in line with price increases already announced by Rio. The deal closes ...
Email
Printer Friendly
Order Reprints
