Glencore nearing deal to combine with Xstrata

(Reuters) – Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at 52 billion pounds ($82.46 billion), Bloomberg said, citing two people with knowledge of the plan. The two commodities-focused companies may announce a deal as early as this week, the people told the news agency. The deal value excludes the value of Glencore’s 34 percent stake in Xstrata, the report said. The talks between Xstrata and Glencore are ongoing and a deal could still fall apart, one of the people told the news agency. …
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Sony cuts annual digital camera, PS3 hardware forecasts

TOKYO (Reuters) – Sony Corp on Thursday kept its annual LCD TV sales forecast unchanged but cut its forecasts for digital camera and PlayStation 3 hardware sales. The consumer electronics company reduced its digital camera sales forecast to 21 million cameras from 23 million cameras for the fiscal year ending in March, and lowered its PlayStation 3 hardware sales outlook to 14 million consoles from 15 million. (Reporting by Yoko Kubota; Editing by Chris Gallagher)
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ND could explore Internet lotto sales

North Dakota's lottery may pursue using the Internet to sell tickets directly to buyers, a move touted as the "wave of the future" that some retailers fear will cost them business.Attorney General …
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Mitt Romney easily clinches Florida primary

Former Massachusetts Gov. Mitt Romney coasted to a first-place finish in Florida’s primary Tuesday, laying claim to all of the state’s 50 delegates in the significant winner-take-all contest.
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Apple hires Dixons chief to drive global retail

LONDON/SAN FRANCISCO (Reuters) – Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker’s global retail expansion. Apple chief Tim Cook, making his first high-profile hire since taking the helm of the world’s largest technology company, lured the well-regarded industry executive to fill a critical post once held by Ron Johnson, another outsider who left Target Corp to join Apple in 2000. Johnson resigned from Apple last November to join retailer J.C. Penney Co Inc as chief executive. …
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Study: Half of UK kids feel 'sad' without Internet, while many feel 'lonely'

The level of emotional dependency on the Internet among Britain’s youth has been revealed by the results of a new study conducted by research firm Intersperience.
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Romney leads by 15 points in Florida: Reuters/Ipsos poll

WASHINGTON (Reuters) – White House hopeful Mitt Romney’s lead over rival Newt Gingrich has stretched to 15 percentage points in Florida, according to results of a Reuters/Ipsos poll released on Monday, just a day before the state’s Republican primary. Support for Romney, a former Massachusetts governor and private equity executive, edged up to 43 percent among likely voters in Florida’s January 31 primary, according to the online tracking poll. It had been at 42 percent on Sunday. …
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RIM committee stresses importance of independent chair

(Reuters) – A review of Research In Motions’ leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker. The panel’s findings were published on RIM’s website late on Monday, a day before a Jan 31 deadline. The committee said in its report that it had recommended that RIM should separate the roles of Chair and CEO and amend the board mandate accordingly. …
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