Author Archives: Syndicated Content
European stocks slip as mixed earnings offset M&A cheer
(Reuters) - European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britain's FTSE 100 t...
Apr 25, 2024
Analysis-BHP's proposed bid for Anglo American is a big bet on copper
By Siyi Liu and Mai Nguyen BEIJING/HANOI (Reuters) - BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand ...
Apr 25, 2024
Third man detained in bribery case surrounding Russian deputy defence minister
MOSCOW (Reuters) - A third man has been detained in a bribery investigation centring on Deputy Russian Defence Minister Timur Ivanov, the Moscow court service said on Thursday. It said Alexander Fomin...
Apr 25, 2024
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range
BEIJING (Reuters) - Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery with a driving range of more than 1,000 kilometres (621 miles) on a sin...
Apr 25, 2024
BHP Group makes $38.8 billion play for Anglo American, copper in focus
(Reuters) - BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest c...
Apr 25, 2024
Four South Korean budget airlines submit bids for Asiana cargo unit, media says
SEOUL (Reuters) - Four South Korean low-cost carriers remain in the race to buy Asiana Airlines' cargo business, South Korean media reported on Thursday. Jeju Air, Eastar Jet, Air Premia and Air Inche...
Apr 25, 2024
Hermes Q1 sales jump 17% on growth across regions
PARIS (Reuters) - Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter and underlining strong demand for high end l...
Apr 25, 2024
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit
By Lawrence White LONDON (Reuters) -Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower income from trading and a drought of M&A fees showed th...
Apr 25, 2024
Ad group WPP reports 1.6% drop in first-quarter organic growth
LONDON (Reuters) - British ad group WPP reported a 1.6% drop in organic growth in the first quarter, lagging its major rivals, after it was hit by loss of business from healthcare client Pfizer and re...
Apr 25, 2024
LSEG reports first quarter growth in line with plans
LONDON (Reuters) - The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans, and products from its partnership with Microsoft were due to be rolled out in the f...
Apr 25, 2024
