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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 24, 2024.

European stocks slip as mixed earnings offset M&A cheer

Reuters |Updated 53 minutes ago |1 min read

(Reuters) - European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britain's FTSE 100 to fresh highs. The pan-European STOXX ...

De Beers delivers first production from underground operations at its Venetia Mine in South Africa in this undated handout picture. ANGLO AMERICAN AND DE BEERS GROUP/ HANDOUT via

Analysis-BHP's proposed bid for Anglo American is a big bet on copper

Mai Nguyen, Siyi Liu |Updated 54 minutes ago |4 min read

By Siyi Liu and Mai Nguyen BEIJING/HANOI (Reuters) - BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand outlook and tight supply for a mineral crucial ...

Employees stand at a front desk of healthcare section of HCLTech inside its office building on the outskirts of Lucknow, India, March 20, 2024.

Tech companies plug into India's smaller cities for talent

Haripriya Suresh, Sai Ishwarbharath B |Updated 1 hour ago |3 min read

By Sai Ishwarbharath B and Haripriya Suresh MADURAI/BENGALURU (Reuters) - Indian engineer B. Ramachandran now prefers living in the smaller cities than the major tech hubs of Bengaluru and Chennai. After the pandemic, the 47-year-old moved to ...

A Xiaomi SU7 electric vehicle is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024.

China's largest auto show showcases all-electric future, local brands dominate

Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li |Updated 1 hour ago |4 min read

By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) - China's largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto ...

An Asiana Airlines Airbus A350-900 is seen at the Airbus delivery center in Colomiers near Toulouse, France, March 20, 2019.

Four South Korean budget airlines submit bids for Asiana cargo unit, media says

Reuters |Updated 3 minutes ago |1 min read

SEOUL (Reuters) - Four South Korean low-cost carriers remain in the race to buy Asiana Airlines' cargo business, South Korean media reported on Thursday. Jeju Air, Eastar Jet, Air Premia and Air Incheon submitted bids in the second round of bids ...

An aerial view of Anglo American's Los Bronces copper mine at Los Andes Mountain range, near Santiago city, Chile on November 17, 2014.

BHP Group makes $38.8 billion play for Anglo American, copper in focus

Reuters |Updated 2 hours ago |1 min read

(Reuters) - BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest copper miner with around 10% of global output.

A staff member cleans a display showing the locations of battery maker CATL's production bases, at the CATL booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023.

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Reuters |Updated 2 hours ago |1 min read

BEIJING (Reuters) - Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery with a driving range of more than 1,000 kilometres (621 miles) on a single charge. The Shenxing Plus is the world's ...

South African Rand coins are seen in this illustration picture taken October 28, 2020.

South African rand little changed before producer inflation data

Reuters |Updated 2 hours ago |1 min read

JOHANNESBURG (Reuters) - The South African rand was little changed in early trade on Thursday, as traders looked ahead to the release of domestic producer inflation figures. At 0615 GMT, the rand traded at 19.1950 against the dollar, not far from ...

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China's version of Neuralink unveiled at tech forum

Reuters |Updated 2 hours ago |1 min read

BEIJING (Reuters) - A Chinese state-backed company on Thursday unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink. The company, Beijing Xinzhida Neurotechnology, developed a brain-computer interface (BCI) ...

People walk behind a Meta Platforms logo during a conference in Mumbai, India, September 20, 2023.

Meta shares plunge as prolonged AI spending plans unnerve investors

Reuters |Updated 24 minutes ago |2 min read

(Reuters) - Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media firm's comments around prolonged spending on artificial intelligence unnerved investors. The company's dour expense and revenue forecast on ...

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