glencore owns mining assets, but also does the trading of commodities. they are looking to pounce, it would seem. they have made an offer for rio tinto back in july. rio tinto rejected it. assets, but also does the trading of commodities. many feel they will come back to the table. if rio can stand by the fact that it is trying to please its own shareholders, rain in capital expenditure, be a savvy miner going forward, it gives glencore less of a reason to try to get in there. it is cutting its own costs to stop being a target itself. >> caroline, thank you. more from you later. >> no deal in brussels as gridlock continues over greece. euro area governments are delaying tough decisions on the future. >> talks between greece and its creditors went into the early hours of the morning, but failed to bridge differences over greece's aid program. finance minister yanis varoufakis told bloomberg the mood of the meeting was positive, but refused to answer our questions about the reality of funding greece's government. >> i hope it is a positive one. it should r