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...US activist hedge fund Elliott Management has built a $1bn stake in UK-listed mining group Anglo American amid a £31bn ($39bn) approach for the company by BHP....
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...American reported a net loss of $312mn for the first quarter, compared to $10mn in net income for the same period a year ago....
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...BHP has proposed a £31bn deal to buy Anglo American, one of its largest rivals, in a deal that would mark the mining sector’s biggest on record....
...De Beers said a nascent recovery had begun in the first quarter, buoyed by improved demand for diamond jewellery around Christmas and new year in the US....
...Democrats would have to agree to vote repeatedly and consistently to keep Johnson in his job — the first test of which could come in the next few days....
...Bloomberg first reported that BHP was considering a takeover of Anglo. BHP has until May 22 to make a formal offer....
...“We are the first ones to get the ball rolling, but when we are successful, it will be everyone’s success within the industry, except for the executives.”...
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...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...First, industrial policy requires goals for outputs, not goals for mobilising investment....
...Email Janan at janan.ganesh@ft.com Find out about our latest stories first — follow FT Weekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen...
...The US Department of Justice has charged four Russian soldiers with war crimes for torturing an American national in Ukraine, the first indictment of its kind brought under US law....
...One thing to start: Alphabet’s first-quarter revenue jumped 15 per cent and it announced its first-ever dividend of 20 cents a share alongside a stock buyback of $70bn, buoyed by a rise in earnings across...
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