News
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BlueScope Steel rejects $9 billion takeover offer
By Scott Murdoch and Christine Chen SYDNEY, Jan 7 (Reuters) - BlueScope Steel BSL.AX is rejecting an $A$13.2 billion ($8.92 billion) buyout bid from SGH SGH.AX and U.S.-based Steel Dynamics STLD.O, the Australian steelmaker said on Wednesday, and accused the bidders of trying to buy it "on th...Reuters
Wed, Jan 7
Kenyan beer firm asks court to block Diageo's $2.3 bln sale of EABL to Asahi
NAIROBI, Jan 7 (Reuters) - A Kenyan beer distribution firm has lodged a suit at the High Court seeking to block Diageo's $2.3 billion sale of its Kenyan subsidiary EABL to Japan's Asahi Holdings 2502.T over pending litigation, a lawyer for the distribution firm said on Wednesday. Diageo did ...Reuters
Wed, Jan 7
Bluescope Steel Rejects Takeover Proposal Received From Consortium Comprising SGH, Steel Dynamics
Jan 7 (Reuters) - BlueScope Steel Ltd BSL.AX:BLUESCOPE REJECTS HIGHLY OPPORTUNISTIC TAKEOVER PROPOSALBOARD REJECTED PROPOSAL AS IT UNDERVALUED BLUESCOPEBOARD UNANIMOUSLY REJECTED TAKEOVER PROPOSAL ON BASIS THAT IT VERY SIGNIFICANTLY UNDERVALUED BLUESCOPEBOARD UNANIMOUSLY REJECTED TAKEOVER PROPOSAL O...Reuters
Wed, Jan 7
Weinstein's Saba Capital presses again for board shake-up at Edinburgh Worldwide
Jan 7 (Reuters) - Boaz Weinstein's Saba Capital, the top shareholder of Edinburgh Worldwide Investment Trust EWI.L, on Wednesday renewed its call for investors to elect a new, independent board after a "suspiciously timed" sell-down of the trust's SpaceX stake.U.S. activist investor ...Reuters
Wed, Jan 7
Tennis-Gauff leads US past Greece into United Cup semis
Jan 7 (Reuters) - The U.S. reached the semi-finals of the United Cup mixed team tournament after beating Greece 2-1 in Perth on Wednesday, as Coco Gauff defeated Maria Sakkari before returning to clinch victory for the defending champions in the doubles.Gauff, a two-times Grand Slam champion, beat S...Reuters
Wed, Jan 7
France: working with allies on plan should US make move on Greenland
PARIS, Jan 7 (Reuters) - France is working with partners on a plan over how to respond should the United States act on its threat to take over Greenland, Foreign Affairs Minister Jean-Noel Barrot said on Wednesday.Barrot said the subject would be raised at his meeting with the foreign ministers of G...Reuters
Wed, Jan 7
Basilea Pharmaceutica Announces Agreement With Prokaryotics
Jan 7 (Reuters) - Basilea Pharmaceutica AG Allschwil BSLN.S:BASILEA AND PROKARYOTICS ENTER COLLABORATION TO DEVELOP A NOVEL BROAD-SPECTRUM ANTIFUNGAL FOR THE TREATMENT OF SEVERE INVASIVE INFECTIONSTO MAKE UNDISCLOSED UPFRONT PAYMENT, ALONG WITH NEAR-TERM MILESTONE PAYMENTS TO PROKARYOTICSReuters
Wed, Jan 7
Predator Oil & Gas Says Trinidad Daily Production Rose Last Month
Jan 7 (Reuters) - Predator Oil & Gas Holdings PLC PRDP.L:PREDATOR OIL & GAS HOLDINGS PLC -TRINIDAD DAILY OIL PRODUCTION INCREASED BY 19% DURING LAST MONTHPREDATOR OIL & GAS HOLDINGS PLC: AHEAD OF OUR PRODUCTION TARGET FOR FEBRUARY 2026Reuters
Wed, Jan 7
GSK Announces Positive Phase 3 Data For Bepirovirsen
Jan 7 (Reuters) - GSK plc GSK.L:POSITIVE PHASE 3 DATA FOR GSK'S BEPIROVIRSENPRIMARY ENDPOINT MET IN BOTH TRIALSGLOBAL REGULATORY FILINGS PLANNED FROM Q1 2026BEPIROVIRSEN SHOWS SIGNIFICANT FUNCTIONAL CURE RATEGLOBAL REGULATORY FILINGS PLANNED FROM Q1 2026Reuters
Wed, Jan 7
Engage Xr Holdings PLC - Expects FY Revenue Of €1.9M
ENGAGE XR Holdings PLC EXRE.L:ENGAGE XR HOLDINGS - TRADING UPDATEENGAGE XR HOLDINGS PLC - EXPECTS FY REVENUE OF €1.9MENGAGE XR HOLDINGS PLC - GLOBAL SLOWDOWN IN HIRING IMPACTED ENGAGE'S DEMAND IN 2025ENGAGE XR HOLDINGS PLC - EXPECTS FY EBITDA LOSS OF €2.4MENGAGE XR HOLDINGS PLC: 2025 WAS ANOTHE...Reuters
Wed, Jan 7
TPG Capital in talks to buy up to 20% stake in India's IIFL Capital Services, sources say
By Gopika Gopakumar and Vibhuti SharmaJan 7 (Reuters) - TPG Capital is in talks to buy a stake of up to 20% in Indian securities firm IIFL Capital Services IIFS.NS, according to two sources familiar with the deal. Due diligence is underway on the deal, they said. If completed, the deal could make TP...Reuters
Wed, Jan 7
RPT-ANALYSIS-Goldman Sachs tops global M&A rankings with $1.48 trillion in deals
Goldman Sachs leads with $1.48 trillion in M&A deals Paramount and Netflix's dueling bids for Warner Bros helped catapult some firms up in the rankingsJPMorgan leads in global investment banking fee revenueBy Dawn Kopecki and Anousha SakouiNEW YORK, Jan 6 (Reuters) - Goldman Sachs GS.N once...Reuters
Wed, Jan 7
Yemen's southern separatists say leader al-Zubaidi is in Aden
Jan 7 (Reuters) - Yemen's southern separatists said on Wednesday that their leader Aidarous al-Zubaidi is in Aden overseeing military and security operations in the city, after a Saudi-led coalition in the country said he fled to an unknown destination.The separatists added that they have lost ...Reuters
Wed, Jan 7
Xiaomi begins pre-orders for spruced up version of SU7 sedan, stresses safety features
New longer range SU7 to hit market in AprilFacelift EV will be more expensive than previous version, cheaper than TeslaSafety highlighted amid public criticismSU7 was first launched in March 2024 BEIJING, Jan 7 (Reuters) - China's Xiaomi 1810.HK began taking pre-orders on Wednesday for an upg...Reuters
Wed, Jan 7
