BUSINESS

Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth GBP34 billion ($43 billion) as it aims to create a copper titan.

Two Chinese-owned solar panel manufacturers have withdrawn from a public procurement tender in Romania after the EU launched an anti-subsidy probe, Brussels said Monday.

President Vladimir Putin's nomination of top economic official Andrei Belousov as defence minister is a sign of the importance the Russian leader places on the war economy in gaining the upper hand in what he expects will be a long conflict against Ukraine, analysts say.

Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (FTC) to intervene in Chevron Corp's proposed $53 billion acquisition of Hess Corp, citing concerns over potential gas price increases.

Brussels also said it would investigate whether social media platform X, owned by tech billionaire Elon Musk, can be exempted from the rules.

The announcement came as Macron kicked off a day of meetings with foreign business leaders at the Chateau de Versailles, called "Choose France".

Last week's rally followed the previous two weeks' rally and was driven by better earnings from semiconductor giant Taiwan Semiconductor and steady bond yields.

Anyone expecting immediate results from Saudi Arabia's unprecedented splurge on football stars was probably disappointed as the billion-dollar spending created a lopsided season with no international silverware so far.

Since winning office last year, President Mohamed Muizzu has reoriented the atoll nation -- known for its upmarket beach resorts and celebrity vacationers -- away from traditional benefactor India and towards Beijing.

The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to the ministry's website.

Employees at an Apple store in Maryland, represented by the International Association of Machinists and Aerospace Workers (IAM), have voted to authorize a strike over concerns regarding work-life balance and falling wages.

Chinese banks are tightening scrutiny over trade with Russia for fear of incurring strict new US sanctions over the Ukraine war, testing the "no limits" friendship between the two countries.

"Minecraft", "Valheim", and "Raft", just to name a few: Small or even one-man teams from Sweden have produced more video game hits than one would expect from a small country.

Equities fluctuated Monday as traders took a breather after the past weeks' healthy run as they absorbed weak Chinese data and reports that the United States planned to ramp up tariffs on clean energy products from the Asian country.

The family-owned hedge fund run by Hwang had taken huge bets on a few stocks with money borrowed from banks, and when several of those bets turned sour, the fund was unable to meet "margin calls" to cover the losses.

Some 5,200 workers at the Mercedes auto manufacturing plant and battery complex near Tuscaloosa, Alabama will decide whether to join the United Auto Workers in a federally-administered election that runs from Monday through Friday.

The announcements came on the eve of the seventh Choose France Summit, the aim of which is to attract foreign investors to the country. Macron will host it at the Chateau of Versailles near Paris.

Greece's Prime Minister Kyriakos Mitsotakis will be received Monday in Ankara by Turkish President Recep Tayyip Erdogan, in the latest sign of warming relations between the NATO neighbours.

The US Federal Aviation Administration, sharply criticized after the crashes of two Boeing planes in 2018 and 2019, is again being dragged into a maelstrom surrounding the major American aerospace manufacturer.

New York's major auction houses were preparing for the start of their all-important Spring sales on Monday even as Christie's came under a cyberattack that affected its website.

Jawed's whole life was ripped away when flash floods tore through Afghanistan's Baghlan province, drowning every member of his family except a young son who clung to a tree above the churning mud.

The Eurovision Song Contest final gets underway in Sweden's Malmo on Saturday with thousands of protesters expected to culminate a week of tensions surrounding Israel's participation during the Gaza war.

The United States issued Friday a stunning criticism of Israel's use of American weapons in the Gaza war, after Israeli forces intensified operations around the southern city of Rafah, where more than a million displaced people are sheltering.

The sun-kissed beaches and turquoise waters of Mexico's Caribbean resort of Cancun attract millions of visitors, but schoolteacher Yazmin Teran is lucky if she enjoys them a few times a year.

Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.

Countries trying to strike a landmark global agreement on handling future pandemics decided to keep negotiating for another fortnight after their deadline passed on Friday.

Kylian Mbappe confirmed on Friday that he will leave French champions Paris Saint-Germain at the end of the season, with Real Madrid widely expected to be his next destination.

A huge solar storm is heading for Earth, supercharging auroras and bringing possible disruptions to satellites and power grids as early as Friday evening, US officials say.

South Africa's top court was hearing an appeal on Friday to have former president Jacob Zuma declared ineligible to stand for office in a politically charged legal showdown set to raise tensions before the tightest election in decades.