London-based hedge fund Odey Asset Management said it would vote against Anglo American's bid to acquire Sirius Minerals at the current offer price of 5.5 pence per share, saying the terms do not represent fair value.
Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co, as eligible for millions of dollars in subsidised loans to ease any blow from the coronavirus outbreak, according to bankers and documents seen by Reuters.
Odey Asset Management will vote in favour of any bid for Sirius Minerals from Anglo American at 7 pence per share or above, the London-based investment firm said in a statement on Wednesday.
Qatar Airways Group said on Wednesday it had increased its holding in British Airways-owner IAG to 25.1%, buying another stake worth $600 million as part of a strategy it described as being highly successful.
Investigators with India's antitrust watchdog have found no evidence that the country's biggest airline, IndiGo, and four rival carriers colluded to fix ticket prices, three sources with direct knowledge of the matter told Reuters.
Big manufacturing hubs on the Chinese coast are starting to loosen curbs on the movement of people and traffic while local governments prod factories to restart production, following weeks of stoppages due to the coronavirus outbreak.
China's exemptions on import duties for U.S. copper and aluminium scrap will not massively increase shipments of the material as metal demand has dropped because of the effects of the coronavirus outbreak.
Indonesia's finance minister proposed on Wednesday new duties on sweetened drinks, vehicles that emit carbon dioxide and plastic bags, to control consumption of the products in Southeast Asia's largest economy.
Hundreds of people began disembarking a quarantined cruise ship off Japan on Wednesday as the death toll from the new coronavirus in mainland China passed 2,000 and the number of new cases in the country fell for a second straight day.
Foreign pilots at some Chinese airlines have returned to their home countries and are considering other jobs after being placed on unpaid leave as demand falls because of the coronavirus, affected flight crew told Reuters.
Spam-maker Hormel Foods Corp is eliminating a growth drug banned by China from its hog supply, the company said on Tuesday, joining rivals that are seeking to increase meat sales to Chinese buyers grappling with a pork shortage.
The death toll from the new coronavirus in mainland China passed 2,000 on Wednesday although the number of new cases fell for a second straight day, as authorities tightened already severe containment measures in the worst-hit city of Wuhan.
Canadian fertilizer maker Nutrien Ltd on Tuesday reported a smaller-than-expected quarterly profit and forecast full-year earnings below analysts' estimates on weak global demand for fertilizers and lower potash prices.
Spam-maker Hormel Foods Corp is eliminating a growth drug banned by China from its hog supply, the company said on Tuesday, joining rivals that are seeking to increase meat sales to Chinese buyers grappling with a pork shortage.
Brazil's President Jair Bolsonaro on Tuesday said he was pushing a bill through Congress to allow commercial mining and agriculture on protected indigenous lands, as he met with tribal leaders to announce a credit line to support indigenous farmers who have developed soy plantations on their reservations.
Brazil's President Jair Bolsonaro on Tuesday said he was pushing a bill through Congress to allow commercial mining and agriculture on protected indigenous lands, as he met with tribal leaders to announce a credit line to support indigenous farmers who have developed soy plantations on their reservations.
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 13, Steel Dynamics Inc.'s Director, Kenneth W. Cornew, invested $175,809.00 into 6,000 shares of STLD, for a cost per share
Bunge Ltd has agreed to buy two soy processing plants in Brazil and assume debt from local crusher Imcopa, two people familiar with the matter said on Tuesday.
Swarms of locusts ravaging crops and grazing land across east Africa have reached South Sudan, already reeling from widespread hunger and years of civil war, the country's agriculture minister said on Tuesday.
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