Elliott takes $1 billion stake in Anglo American as miner faces takeover interest
Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.
Airbus CFO says A350 plane production increase not tied to Boeing troubles
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.
Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
“It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe,” Euronext’s Stéphane Boujnah said.
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.
Anglo American rejects BHP’s $39 billion takeover bid to form mining juggernaut
Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer “significantly undervalues” the company and its prospects.
China’s Xi says the U.S. needs to accept Beijing’s rise for bilateral relations to improve
U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday.
Meet the Dubai artist whose work has sold for millions — and turns down 99% of prospective buyers
One of Sacha Jafri’s paintings sold for $62 million at a charity auction, making him one of the world’s most expensive artists.
Ukraine can keep on fighting Russia — but the ‘victory’ it wants might be out of reach
With future military aid looking uncertain, uncomfortable questions are being asked as to what “victory” Ukraine could realistically achieve against Russia.
