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Foxconn Technology and GCL-Poly Energy will build and jointly operate a solar-power plant in Shanxi province. They will share revenue from selling electricity to the government from the 310 megawatt plant, which will use GCL's solar cells, to be assembled by Foxconn, Shu Hua, executive president of Hong Kong-listed GCL, said. Bloomberg
European Union antitrust regulators have set a November 8 deadline to decide on whether to allow Glencore's US$33 billion takeover of Xstrata, after months of talks. The European Commission said it had received the notification from Glencore, setting the clock ticking for the regulator. Reuters
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