Barrick Gold Corp Chief Executive Officer Mark Bristow said on Monday that his company’s $18 billion hostile bid for rival Newmont Mining Corp is a “logical” tie-up that would generate value for shareholders of both companies.
U.S. auto sales are expected to drop about 1 percent in February from a year earlier partly due to inclement weather, according to industry consultants J.D. Power and LMC Automotive.
A bipartisan group of senators on Monday urged the U.S. government to block Huawei Technologies Co Ltd from supplying solar energy generators just as it has acted to keep the Chinese giant out of the U.S. telecommunications network.
U.S. stocks climbed on Monday, boosted by technology and industrial shares, after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports.
Volkswagen could sell a smaller stake in its Traton trucks division than expected if markets are shaken by Brexit, two sources familiar with the matter told Reuters on Monday.
Brazil’s oil regulator said on Monday that is has started an investigation into an oil spill at an offshore platform owned by Petroleo Brasileiro SA.
U.S. President Donald Trump said on Monday he was optimistic that a final trade deal could be reached with China and that he would hold a summit to sign any pact, but cautioned an agreement may still not happen.
U.S. stocks opened higher on Monday, led by industrial and technology shares, fueled by hopes of a trade resolution between the United States and China after President Donald Trump said he would delay a hike in tariffs on Chinese imports.
Shares of General Electric Co surged 15 percent on Monday after the industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21.4 billion, its first major asset sale under new Chief Executive Officer Larry Culp.
Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Monday his company has been investing heavily to mitigate any danger from tailings dams and is “comfortable” with engineering designs in place at existing dams.
Canada’s Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday, in a hostile takeover that seeks to combine the world’s two largest gold producers.
Oil fell by more than 2 percent on Monday, reversing earlier gains after U.S. President Donald Trump told OPEC producers to “relax” as prices were too high.
U.S. President Donald Trump on Monday said he would hold a summit with China to sign any final trade deal, after signaling on Sunday that he planned to meet with Chinese President Xi Jinping at his Mar-a-Lago estate in Florida if progress was made on an agreement.
U.S. stocks were set to open higher on Monday, fueled by hopes of a resolution to a trade war between the United States and China after President Donald Trump said he would delay a hike in tariffs on Chinese imports.
Billionaire investor Warren Buffett said on Monday that the wealthy, including himself, are not paying enough taxes.
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