News Snapshot:
Canadian politicians, the background players in Glencore’s GLNCY battle for Vancouver’s Teck Resources TECK-B-T, are suddenly becoming assertive. And they don’t like what they interpret as yet another attempt to gut Corporate Canada. Glencore might win the blessings of Teck shareholders – but winning Ottawa’s blessing is another story, as governments try to protect head offices and keep the critical minerals needed for the energy revolution on home soil. Glencore, a Swiss commodities giant, has made two pitches since March to merge with Teck, Canada’s last remaining diversified mining company of significant size. Both were resoundingly rejected by the board....