Barrick Gold unveils $18 billion all-stock bid for Newmont Mining
Canada’s Barrick Gold Corp on Monday offered to buy U.S. rival Newmont Mining Corp in a nearly $18 billion all-stock deal that would create a global gold mining giant.
China’s technology challenge is bigger than just Huawei, British spymaster says
The West needs to understand that the challenge of China’s technological revolution runs much deeper than Huawei’s row with the United States over intellectual property theft and state espionage, one of Britain’s top spies said.
World shares breathe easy as Trump pushes out tariff deadline
Equity markets across Europe and Asia rose on Monday after U.S. President Donald Trump said he would hold off on hiking tariffs on Chinese imports, buoying hopes of a resolution to a trade war between the world’s two biggest economies.
Munich prosecutors fine BMW $9.65 million for faulty engine software
Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative lapses after the German luxury carmaker installed the wrong engine management software into 7,965 vehicles, leading to higher emissions.
Sony revitalizes smartphone franchise with movie-style screens
Japan’s Sony, which has fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Qualcomm rolls out 5G chips for cars, PCs and home broadband
Qualcomm Inc on Monday announced 5G networking chips for a range of applications beyond smart phones, aiming to bolster a business that has lost Apple Inc as a major customer and faces unprecedented levels of competition.
Equity group asks Putin to intervene after U.S. investor detained
Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to take a criminal investigation into its U.S. founder Michael Calvey and other executives under his personal control.
Huawei seeks solution to Czech security warning, readies legal means: paper
China’s Huawei Technologies is prepared to defend itself in court in the Czech Republic if it is unable to resolve a security warning from the country’s cyber watchdog in an open way, its country manager was quoted as saying on Monday.
Sony revitalizes smartphone franchise with movie-ratio screens
Sony, the Japanese company that has fallen way behind its Korean and Chinese rivals in the smartphone sales race, is aiming to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Berkshire Hathaway Inc reports results for the quarter ended in December: Earnings Summary
Berkshire Hathaway Inc reported quarterly adjusted earnings of $2.32 per share. The mean expectation of 4 analysts for the quarter that ended in December was for earnings of $1.85 per share.
