European stocks retreat on earnings gloom, weak US economic data
Hermes quarterly sales jump 17% on strong China demand
*Read moreHermes quarterly sales jump 17% on strong China demand
*Read more(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.
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US economic growth slows in first quarter; inflation surges
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Interest rate markets digest slowdown in US GDP growth rate
*Read moreApril 25 (Reuters) - Brazilian miner Vale SA sees no impact from BHP Group's bid for Anglo American on the latter's Minas-Rio project, its CEO, Eduardo Bartolomeu, said on Thursday.
Read more(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read moreStocks struggle after Meta afterhours swoon
*Read moreApril 25 (Reuters) - A regulatory unit within South Africa's mining department is still verifying information at its disposal on BHP Group's proposed deal for Anglo American, a spokesperson for the department said on Thursday.
Read moreLONDON, April 25 (Reuters) - Anglo American investor Redwheel said on Thursday the buyout proposal from BHP Group "does not reflect the value" in the London-listed miner's assets or growth pipeline, as shareholders begin to speak out against a merger.
Read moreLONDON, April 25 (Reuters) - Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive".
Read more(Alliance News) - The FTSE 100 was outperforming European markets at midday on Thursday, with the index boosted to a record high thanks to takeover talks.
Read moreStocks struggle after Meta afterhours swoon
*Read more(Correcting BHP's price quote in Sydney was from Wednesday.)
Read more(Alliance News) - Stock prices in London opened mixed on Thursday, as investors cautiously eye data on the health of the US economy.
Read more(Alliance News) - BHP Group Ltd on Thursday confirmed it has offered to buy mining peer Anglo American PLC in an all-share deal valuing the London-based miner at GBP31.1 billion.
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