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...Anglo American’s key South African shareholders are open to a takeover offer from BHP, despite government concerns that the miner’s £30bn-plus proposal is bad for Africa’s most industrialised economy....
..., un-American, unprecedented, and practically impossible” for a company to post....
...Big plastic producers, led by petrochemical companies, as well as business groups are lobbying for concessions to be introduced to the UN treaty under negotiation in Canada this week....
...Blue Owl has become a dominant force in the burgeoning private credit industry, often extending multibillion-dollar loans to corporations side-by-side with heavyweights such as Ares, Sixth Street and HPS...
...The company started off in 1917 after Ernest Oppenheimer, a German-born diamond trader, raised £1mn to found the Anglo-American Corporation to mine gold around Johannesburg....
...pulled in few viewers and advertisers has disappointed Fox, chief executive Lachlan Murdoch said on Wednesday, but he voiced confidence that this year’s US election would still boost the media group’s business...
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...The company’s largest investor is state entity Public Investment Corporation....
...BHP’s offer comes up against a legacy that began in 1917, when Ernest Oppenheimer, a diamond trader born in Germany, raised £1mn to found the Anglo-American Corporation to mine gold around Johannesburg....
...This ambition culminated when BHP chair Ken MacKenzie called his counterpart at Anglo American on April 16 to deliver a $31bn preliminary offer for the London-listed miner....
...“The timing is not surprising considering Anglo is reviewing its business,” said one large shareholder in BHP and Anglo American. “Anglo will need to create a compelling alternative.”...
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...Americans are feeling better about the economy, but they just won’t give Biden credit for it, according to a new FT-Michigan Ross poll [free to read]....
...BHP said that Anglo American’s other operations outside copper, iron ore and metallurgical coal — such as the De Beers business — would be “subject to a strategic review post-completion”....
...through American business since the 1980s....
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...CREDIT: NBC News New York, X/@JaunMaBenitez, X/@AnthonyCabassa_, PBS NewsHour Read a transcript of this episode on FT.com...
...the chair of the Federal Deposit Insurance Corporation has warned....
...That’s because Preqin — the main data source for private credit funds — apparently undercounts business development companies and doesn’t account for leverage....
...Those asset sales are propelling the growth of KKR’s credit business, which has become the group’s largest business line by assets with $219bn under management....
...State entity Public Investment Corporation is a major shareholder in Anglo....
...Eva Longoria’s Flamin’ Hot follows a Mexican-American janitor who invents a billion-dollar snack brand. It is framed as a parable of Latino representation in American business....
...Chinese shipbuilders — led by the China State Shipbuilding Corporation and its subsidiaries — control about 46 per cent of the global shipbuilding market as of 2023 by total order book value for container...
...The deal’s ability to win over competition regulators may depend on which business they focus on....
...The three other legislative bills aim to “end tax breaks for Chinese equities, restrict sanctioned Chinese companies’ access to US capital markets, increase transparency on risks to American corporations...
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