The Tories' war on foreign students isn’t for the good of the country

theguardian.com A key turning point in British politics was Tony Blair’s famous three priorities: “education, education, education”. A giant step was his 1999 conference speech: “Today I…

Why does BHP want Anglo American?

economist.com TALK OF TAKEOVER has long swirled around 107-year-old Anglo American, once among the biggest mining companies in the world. On April 25th speculation turned to specifics…

Basic Materials Roundup: Market Talk

wsj.com Anglo American, BHP and more in the latest Market Talks covering Basic Materials.

3 Copper Stocks to Own Amid Robust Demand

investorplace.com Copper prices have surged past the $9,000 per ton mark. This highlights the solid demand for electric vehicles (EVs), data centers and renewable energy solutions. This rally…

Supply worries, big speculation push copper to new highs

thestreet.com The global market for copper and even for copper-related stocks is heating up so fast it is creating a short squeeze in global copper markets. The result is that copper,…

Copper Breaches $5-Per-Pound Mark Amid Supply Constraints And Speculative Demand

thedeepdive.ca Copper futures soared to a record high of $5.13 per pound before easing to $5.05 on Wednesday, driven by mounting concerns over insufficient supply and heightened…

Copper surges towards record highs amid optimistic demand outlook

euronews.com Renewable energy, electric cars, and artificial intelligence (AI) are bolstering the demand outlook for copper, leading to a surge in the price of the industrial metal…

Copper futures hit record high as data center build-up, EV growth fuels demand

cnbc.com An employee scans barcodes on copper rods as they sit stacked outside at the Aurubis AG headquarters in Hamburg, Germany. Copper futures hit a record high on Wednesday as…

Will investors buy Anglo American’s break-up plan?

shows.acast.com The Biden administration is encouraging Arab states to participate in a multinational force that could deploy in Gaza once the war ends, Anglo American plans to thwart BHP’s…

Anglo American plans to shed several assets and focus more on commodities linked to green energy after rejecting a $43 billion takeover bid from rival BHP

wsj.com Anglo American plans to shed several assets and focus more on commodities linked to green energy after rejecting a $43 billion takeover bid from rival BHP.

Teck Resources expects $3-billion in annual EBITDA if copper stays around current levels

theglobeandmail.com Teck Resources Ltd TECK-B-T expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of $3-billion if copper prices hit $5 per pound,…

Global elections twist government M&A reviews

semafor.com The News Two American companies have pending deals to be sold to foreign buyers hailing from US allies. Only one has run into the national-security buzzsaw — and it isn’t…

Anglo American plans to break up its sprawling business as it tries to fend off takeover

apnews.com Mining giant Anglo American PLC plans to break up its sprawling worldwide business — including spinning off the DeBeers diamond operation — as it seeks to fend off a…

Mining giant Anglo American hopes selling De Beers will fend off takeover bids after BHP’s $43 billion offer

aol.com The leadership of U.K.-headquartered global mining conglomerate Anglo American has had an unenviable few weeks, fending off unsolicited takeover bids from its larger…

UK mining giant Anglo American to offload De Beers diamond firm

bbc.com The announcement comes after Anglo American rejected a £34bn takeover bid from rival BHP.

Jobs Slump, Stocks Jump: 3 Surefire Picks to Capitalize on April’s Weak NFP

investorplace.com The stock market reacted positively to weaker-than-expected labor market data in April’s Non-Farm Payrolls (NFP) report, producing some stocks to buy. This counterintuitive…

Anglo Goes Bold: Unveils Breakup Plan To Transform Into Copper Giant Amid BHP Takeover Battle

zerohedge.com Anglo Goes Bold: Unveils Breakup Plan To Transform Into Copper Giant Amid BHP Takeover Battle London-listed Anglo-American has unveiled a "clear, compelling, and decisive…

Anglo American hopes selling De Beers will fend off takeover bids after BHP’s $43 billion offer

fortune.com The leadership of U.K.-headquartered global mining conglomerate Anglo American has had an unenviable few weeks, fending off unsolicited takeover bids from its larger…

Anglo American eyes potential breakup as it tries to fend off BHP takeover bid

theglobeandmail.com Anglo American laid out plans on Tuesday for a potential breakup of the group via a demerger or sale of its steelmaking coal, nickel, diamonds and platinum businesses as it…

Diamond giant De Beers faces spin-off amid wider restructuring as Anglo American takeover pressure mounts

cnbc.com Diamond rings are displayed in a cabinet inside a De Beers SA store in Hong Kong, China, on Thursday, Sept. 14, 2017. Chinese deluxe spending on travel is the…

Diamonds fail to make the cut as Anglo American turns down BHP offer

euronews.com A decision to demerge or sell its diamond and platinum businesses is expected to go a long way in maintaining Anglo American's profitability, by focusing on the more…

Anglo American to sell De Beers in break-up plan to avoid BHP takeover

theguardian.com Anglo American plans to sell the diamond business De Beers as part of a sweeping plan to break up the company to defend it against a £34bn takeover plot by its rival BHP.…

Anglo American Unveils Value-Boosting Strategic Plan

tipranks.com Anglo American (GB:AAL) has released an update. Anglo American has unveiled a strategic plan, focusing on its core assets in copper and premium iro...

Anglo American Plans to Split Up Units After Rejecting BHP Bid

wsj.com Anglo American outlined a group restructuring that includes the sale of several assets to boost its portfolio amid speculation of further takeover bids from mining rivals.

Anglo American to exit diamond, platinum and coal mining as it fights BHP bid

marketwatch.com Anglo American on Tuesday said it would exit the coal, platinum and diamonds business as it fends off a takeover approach from BHP.

UK jobs market cooling as unemployment rises, but wages still strong

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Britain’s unemployment rate has risen as companies cut back on…

Anglo American rejected a sweetened takeover proposal from BHP that valued the mining company at almost $43 billion

wsj.com Anglo American rejected a sweetened takeover proposal from BHP that valued the mining company at almost $43 billion.

Rejection of BHP’s second bid for Anglo American is unsurprising

theguardian.com BHP is “disappointed” that its second takeover offer for mining rival Anglo American has been rejected, but it cannot be surprised. The improved terms in the all-share…

Anglo American rejects BHP’s new takeover offer, potentially ending one of the industry’s biggest merger efforts

theglobeandmail.com BHP Group’s effort to become the world’s biggest copper miner ran into another roadblock after smaller rival Anglo American rejected BHP’s second takeover proposal. BHP on…

Anglo American rejects new £34bn offer from mining rival BHP

theguardian.com Anglo American has rejected a second takeover approach by its Australian rival BHP that values the London-listed mining company at £34bn. BHP said Anglo’s board had not…

Anglo American Rejects BHP’s Second Takeover Bid

tipranks.com Anglo American (GB:AAL) has released an update. Anglo American has unanimously rejected a second takeover proposal from BHP, maintaining that it si...

Platinum supply shortfall could drive price rally, says industry body

ft.com Report shows second year of deficit as miner Anglo American rejects rival BHP’s offer that includes plan to spin off platinum assets

BHP says Anglo American rejected revised US$42.7-billion buyout offer

theglobeandmail.com Group said on Monday that Anglo American had rejected a revised buyout offer valuing the company at £34-billion ($42.67-billion). Anglo American in April rebuffed BHP’s…

BHP Gets Fresh Rejection From Anglo American for Improved Bid

wsj.com BHP Group said smaller rival Anglo American rejected an improved takeover proposal of 34 billion pounds, or $42.59 billion, from previous $39 billion bid.

Opening Bell: 4.26.24

dealbreaker.com Bets on Rate Cuts This Year Are Fading Away [NYT]The Fed’s preferred inflation index climbed 2.8 percent in March from a year earlier, after stripping out volatile food and…

Anglo American’s South African investors open to revised BHP offer

theguardian.com South African shareholders of the mining company Anglo American have signalled they are open to a revised takeover offer from BHP, despite warnings from South African…

BHP-Anglo American deal raises alarm in Japan's steel industry

japantimes.co.jp Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a…

Weekly markets round up: optimism high on rate cut hopes

euronews.com Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending…

Pandemic winners turned losers

shows.acast.com Anglo American’s crucial South African shareholders are open to a takeover offer from BHP, Nippon Steel has vowed to push ahead with its $14.9bn acquisition of US Steel, and…

Struggling Diamond Giant De Beers Is Reportedly for Sale

thedailyupside.com One of the world’s oldest and biggest diamond producers has lost its shine. The Wall Street Journal reported Thursday that British mining company Anglo American is…

Oil services company John Wood Group rejects £1.4bn takeover offer

theguardian.com The British oil services company John Wood Group has rejected a £1.4bn takeover offer from a Dubai-based rival, Sidara, which “fundamentally undervalued” the company.…

BHP insists Anglo American’s South African assets must go in any takeover, sources say

theglobeandmail.com BHP’s plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised…

Is copper the new gold?

thestreet.com Copper is one of those substances we take for granted — until we start adding new wiring to the house, looking for a power cord to the children's computer, or maybe buying…

How to build a global business empire in the 21st century

economist.com No firm is an island. All strike contracts and compete with others. Conversely, when bosses decide a relationship would be better governed by fiat, one firm may acquire…