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The Anglo American logo is seen in Rusternburg October 5, 2015. Picture taken October 5, 2015.

Anglo American does not find BHP $39 billion offer attractive, sources say

Clara Denina, Amy-Jo Crowley and Anousha Sakoui |Updated 1 minutes ago |2 min read

By Clara Denina, Amy-Jo Crowley and Anousha Sakoui LONDON (Reuters) - Anglo American does not consider a proposed $39 billion takeover offer from BHP Group as attractive, two sources told Reuters, as some large investors dismissed it as ...

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018.

IMF, Ecuador reach four-year, $4 billion staff-level agreement

Reuters |Updated just now |1 min read

(Reuters) - International Monetary Fund (IMF) staff and Ecuadorean authorities have reached a staff-level agreement to underpin a four-year, $4 billion extended fund facility, the IMF said in a statement on Thursday. "Amid a challenging ...

Single-family residential homes are shown under construction in Menifee, California, U.S., March 28, 2024.

US ban on worker noncompetes faces uphill legal battle

Daniel Wiessner |Updated 11 minutes ago |3 min read

By Daniel Wiessner (Reuters) - The U.S. Federal Trade Commission's ban on "noncompete" agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal ...

The logo of Airbus is seen at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023.

Canada exemption for Airbus from titanium sanctions is time-limited, says source

Reuters |Updated 15 minutes ago |1 min read

OTTAWA (Reuters) - The sanctions exemption that Canada granted Airbus to allow it to use Russian titanium in its manufacturing is available only for a limited time, a Canadian source with direct knowledge of the matter said on Thursday. The ...

The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023.

Airbus misses on operating profit, raises A350 output goal

Reuters |Updated 15 minutes ago |1 min read

PARIS (Reuters) - Airbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on ...

Cars are parked near Hertz car rental signage at John F. Kennedy International Airport in Queens, New York City, U.S., March 30, 2022.

Hertz Global eyes worst day on record as EV rental business falters

Reuters |Updated 21 minutes ago |1 min read

(Reuters) - Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental ...

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Hawaiian Electric weighing sale of American Savings Bank, Bloomberg News reports

Reuters |Updated 32 minutes ago |1 min read

(Reuters) - Hawaiian Electric Industries is weighing the sale of its American Savings Bank FSB, Bloomberg News reported on Thursday citing people familiar with the matter. Hawaiian Electric is working with advisers to consider various options for ...

A sign reads “FDIC Insured” on the door of a branch of First Republic Bank in Boston, Massachusetts, U.S., March 13, 2023.

US bank regulator tables plans to scrutinize asset manager stakes in banks

Reuters |Updated 1 hour ago |1 min read

WASHINGTON (Reuters) - A top US bank regulator opted not to consider new rules that would have imposed stricter oversight on asset managers with sizeable investments in banks, even as agency officials agreed the matter merited more attention. The ...

A view shows the office of TikTok in Culver City, California, March 13, 2024.

ByteDance denies media report of plan to sell TikTok

Reuters |Updated 1 hour ago |1 min read

BEIJING (Reuters) - ByteDance has no plan to sell TikTok, the company's official account said in a statement posted on Toutiao, a media platform owned by the China-based firm. The Information earlier reported that ByteDance is exploring scenarios ...

Colombo Stock Exchange logo board is seen at CSE premises in Colombo, Sri Lanka June 7, 2023.

Sri Lankan shares end higher as financials, industrials gain

Reuters |Updated 1 hour ago |1 min read

BENGALURU (Reuters) - Sri Lankan shares closed higher on Thursday, driven by gains in financial and industrial stocks. * The CSE All Share index settled 1.4% higher at 12,075.98, gaining for three straight sessions. * LOLC Holdings and John ...

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