BHP pursuit of Anglo American highlights corporate-led UK M&A upswing
LONDON, May 30 (Reuters) – BHP Group’s $49 billion bid for Anglo American may have failed but the move highlights how companies have been […]
BHP walks away from $49 billion pursuit of mining rival Anglo
LONDON/JOHANNESBURG/MELBOURNE, May 29 (Reuters) – Mining group BHP Group (BHP.AX), opens new tab on Wednesday walked away from its $49 billion plan to take […]
EU watchdog says banks must take full responsibility when using AI
LONDON, May 30 (Reuters) – Banks and investment firms in the European Union cannot shirk boardroom responsibility and a legal obligation to […]
UBS splits wealth management role as part of executive reshuffle
ZURICH, May 30 (Reuters) – UBS (UBSG.S), opens new tab said on Thursday it would split its top wealth management role as part of […]
BlackRock’s ETF becomes largest bitcoin fund in world, Bloomberg News reports
May 29 (Reuters) – BlackRock’s (BLK.N), opens new tab iShares Bitcoin Trust (IBIT.O), opens new tab has become the world’s largest fund for the world’s largest […]
Merck to acquire eye drug company EyeBio for up to $3 bln
May 29 (Reuters) – Merck (MRK.N), opens new tab said on Wednesday it would acquire eye disease drug developer EyeBio for up to $3 […]
China’s $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
China set up a multibillion-dollar state-backed investment chip fund last week — and one observer says it will likely focus on advanced […]
Lenovo issues US$2 billion convertible bonds to Saudi Arabia sovereign fund to finance debt repayment, expansion
Lenovo, the world’s largest PC maker, is raising US$2 billion by issuing zero-coupon convertible bonds to a unit of Saudi Arabia’s sovereign […]
BHP seeks more time ahead of $49 billion Anglo bid deadline
MELBOURNE, May 29 (Reuters) – BHP Group (BHP.AX), opens new tab on Wednesday asked for more time to try to win over takeover target […]
T-Mobile to buy US Cellular’s wireless operations in deal valued at $4.4 billion
(Reuters) -T-Mobile will buy substantially all of regional carrier United States Cellular’s wireless operations in a deal valued at $4.4 billion, the […]
The ZiG: Zimbabwe rolls out world’s newest currency. Here’s what to know
Last month, Zimbabwe rolled out a new gold-backed currency called the ZiG, or Zimbabwe Gold, in an effort to mitigate the currency […]
ECB’s Lane Says Way Is Clear for Rate Cuts, With Inflation and Wage Rises on Downward Trend
The European Central Bank has signalled that it is likely to cut its key interest rate June 6, moving before the U.S. […]