STOXX 600 closes at record high on earnings, rate cut optimism
Rio Tinto considered bid for BHP-target Anglo American -report
*Read moreWed, 19th Feb 2020 08:41
Rio Tinto considered bid for BHP-target Anglo American -report
*Read moreFTSE 100, FTSE 250 add 0.6%
*Read more(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.
Read more(Alliance News) - Stock prices in London were up at midday on Friday, hitting a record high once again as investors reacted positively to a dovish Bank of England interest rates hold.
Read more(Alliance News) - Stock prices in London opened up after a dovish Bank of England interest rates hold on Thursday.
Read more(Alliance News) - South Africa's state-owned asset management firm Public Investment Corp has signalled that it remains open-minded about BHP Group Ltd's bid to buy Anglo American PLC, Business Day reported.
Read moreAnglo American jumps after report of Glencore interest
*Read more(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
Read moreJOHANNESBURG, May 3 (Reuters) - Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source familiar with the matter told Reuters.
Read more(Alliance News) - Stock prices in London were in the green at midday on Friday, as investors remained optimistic ahead of an incoming US jobs report, which may allay some fear around interest rate expectations.
Read more(Alliance News) - Shares in Anglo American PLC rose on Friday after Reuters reported Glencore PLC could launch a rival bid for the mining company.
Read more(Sharecast News) - Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.
Read moreTORONTO, May 2 (Reuters) - The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines.
Read more(Sharecast News) - BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.
Read more