Anglo American rejects BHP’s $39 billion takeover bid to form mining juggernaut

Anglo American rejects BHP’s $39 billion takeover bid to form mining juggernaut

Iron ore mining in western Australia. Cuhrig | E+ | Getty Images Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer “significantly undervalues” the company and its future prospects. Australia-based BHP on Thursday said it had made an all-share takeover offer which valued the smaller company at £31.1 billion […]

Blinken tells Wang Yi both sides must avoid miscalculations

Blinken tells Wang Yi both sides must avoid miscalculations

US Secretary of State Antony Blinken (L) shakes hands with China’s Director of the Office of the Central Foreign Affairs Commission Wang Yi at the Diaoyutai State Guesthouse in Beijing on June 19, 2023. (Photo by Leah MILLIS / POOL / AFP) (Photo by LEAH MILLIS/POOL/AFP via Getty Images) Leah Millis | Afp | Getty […]

The Dubai artist whose work has sold for millions

The Dubai artist whose work has sold for millions

Contemporary artist Sacha Jafri prides himself on his unique way of working. His “huge” Dubai studio includes three gallery spaces, a digital space, an office and a boardroom. He even has a room dedicated to nonfungible tokens, or NFTs. The space is home to around 40 paintings, largely made up of his retrospective collection, along […]

The ‘victory’ Ukraine wants over Russia might not be achievable

The ‘victory’ Ukraine wants over Russia might not be achievable

Ukrainian servicemen practice combat drills involving a BMP-1 in Donbas, Ukraine as Russia-Ukraine war continues on March 19, 2024.  Anadolu | Anadolu | Getty Images With yet another tranche of U.S. aid on its way to Ukraine, Kyiv can breathe a sigh of relief that its forces will receive new weapons supplies and equipment to […]

Will farmers’ protests hurt Modi’s reelection campaign?

Will farmers’ protests hurt Modi’s reelection campaign?

Farmers in India’s Punjab state are raising the pitch of their ongoing protests, as the second phase of India’s general elections starts April 26, 2024. Narinder Nanu | Afp | Getty Images NEW DELHI — Farmers in India’s Punjab state are raising the pitch of their ongoing protests, as the second phase of India’s general […]

Bank of Japan keeps monetary policy unchanged

Bank of Japan keeps monetary policy unchanged

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan kept its policy rate unchanged Friday after its monetary policy meeting, holding its benchmark policy rate at 0%-0.1%. This is in line with expectations from economists […]

Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock

Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock

In an aerial view, brand new Tesla cars sit parked in a lot at the Tesla Fremont Factory on April 24, 2024 in Fremont, California. Justin Sullivan | Getty Images Former Tesla executive Drew Baglino, who announced his resignation earlier this month, sold shares in the electric vehicle company worth around $181.5 million, according to […]

India says new EV policy will open up market to global players

India says new EV policy will open up market to global players

India is confident that its new electric vehicle policy measures will open up the market to more global players, said the country’s secretary of the Department of Promotion of Industry and Internal Trade. Last month, the government rolled out key initiatives aimed at bolstering the country’s position in EV manufacturing. “It involves concessional tariffs for […]

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