Toshiba up on chips, power systems, lifts outlook
TOKYO (Reuters) – Japanese electronics group Toshiba Corp posted a 38 percent rise in quarterly operating profit on Monday, thanks to sales of its flash memory chips and thermal power plants, and it raised its full-year outlook closer to market estimates.

Source: feeds.reuters.com

Xstrata offers $2.8 billion for Australia’s Jubilee Mines
SYDNEY (Reuters) – Anglo-Swiss miner Xstrata offered A$3.1 billion ($2.8 billion) on Monday for Australia’s fifth-largest nickel producer Jubilee Mines NL , the latest outback miner to catch the eye of a big international firm as metal prices soar.

Source: feeds.reuters.com