Winds of fortune: 'Job for life' in former coal regions A gusty $20 billion in investment will blow in from a mere three offshore wind projects that one team plans to build to help rewire industrial heartlands. AAP · Jun 7, 2024
Royal Mail owner agrees to takeover by Czech billionaire Daniel Kretinsky A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era… France 24 · May 30, 2024
Shares fall again, wiping out gains for the month The ASX200 fell 0.5 per cent to a four-week low during trading, with the mining sector leading the decline as sentiment sours. AAP · May 30, 2024
ABC boss hits out at ‘vicious attacks’ on Tingle – as it happened This blog is now closed. The Guardian - AU · May 29, 2024
Why UK Major Firms Are Facing Takeover Attempts? Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids. International Business Times · May 29, 2024
BHP Asks For More Time To Explore Anglo American Takeover A core part of BHP's plan is splitting off Anglo's platinum holdings in South Africa, a politically sensitive move that has stirred government opposition ahead of the country's general election Wednesday. International Business Times · May 29, 2024
Royal Mail and Anglo American shareholders braced for final takeover offers Deals this month could see two of the UK’s most prominent companies fall into foreign ownership The Guardian - UK · May 28, 2024
Super funds giving a green light to 'climate wreckers' Superannuation funds have come under fire for doubling down on their investments in fossil fuels while cutting half a billion dollars from green energy funding. AAP · May 27, 2024
Aust shares fall after hawkish Federal Reserve minutes The ASX200 has dropped 0.5 per cent after US Federal Reserve minutes showed some officials were willing to raise interest rates. AAP · May 23, 2024
Dutton doubles down on gas, rejects support for mining Domestic gas production will expand, approvals will be fast-tracked and nuclear reactors rolled out to keep the lights on under a coalition government. AAP · May 22, 2024
Anglo American rejects BHP’s third takeover offer of £38.6bn Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival The Guardian - UK · May 22, 2024
Platinum Loses Shine Amid BHP's Vast Anglo Bid Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but… International Business Times · May 21, 2024
Asian Markets Slump As Traders Take Profits, Eye Commodities' Spike Asian markets suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices. International Business Times · May 21, 2024
Crunch Time Looms For BHP's Bid To Buy Anglo American Any deal between two of the world's largest resources companies would fundamentally reshape the sector, with far-reaching consequences for commodities markets and the global energy transition. International Business Times · May 20, 2024
AAP · May 15, 2024 Mining giant set to sell Australian coal mines in reset After knocking back a BHP takeover bid, Anglo American is set to sell its Australian coal mines and use funds to reset the multinational's balance sheet.
The Guardian - UK · May 14, 2024 Anglo American’s breakup is overdue. BHP must have seen it coming Rejig is more radical than anything Anglo has tried in recent past but Australian miner could make fresh bid
Barchart · May 14, 2024 2 Copper Mining Stocks to Buy While They're Cheap Discover two mining stocks that are poised to benefit from rising demand for copper, making them attractive investment opportunities in the current market.
The Guardian - UK · May 14, 2024 Anglo American to sell famous diamond business De Beers in breakup plan UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP
International Business Times · May 14, 2024 Anglo American To Split Group After Rejecting BHP Bid After rejecting an improved takeover offer worth GBP34 billion ($43 billion) from BHP, which had hoped to create a copper titan, Anglo said it was accelerating plans to simplify the group and reward shareholders in a "radical" revamp.
Top News · May 14, 2024 Investors Anticipate BHP To Increase Anglo American Offer Investors eagerly await a potential increase in BHP Group's offer for Anglo American, impacting the mining industry.
AAP · May 14, 2024 Australian shares dip ahead of US inflation data The ASX200 has dipped 0.3 per cent as traders wait to see if US inflation has cooled.
The Guardian - AU · May 13, 2024 Morning Mail: budget’s $9.3bn surplus, BHP’s $65bn raid rejected, Trump’s ex-lawyer takes the stand Treasurer Jim Chalmers is expected to forecast first back-to-back surplus since 2007; mining giant sees improved bid for Anglo rejected
The Guardian - UK · May 13, 2024 Rejection of BHP’s second bid for Anglo American is unsurprising Complex proposal will need to be backed by a bigger figure to put board under real pressure
International Business Times · May 13, 2024 Anglo American Rejects BHP's Improved Takeover Bid Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth GBP34 billion ($43 billion) as it aims to create a copper titan.
Top News · May 13, 2024 Anglo American Rejects BHP's .7 Billion Revised Proposal Anglo American turns down BHP's .7 billion offer, signaling disinterest in merger. Both remain key players.