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2h ago
BHP Group Ltd., the world’s largest mining company, has launched a takeover bid for rival Anglo American Plc, signalling a potential seismic shift in the industry and setting the stage for the largest mining deal in over a decade.
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By Dinesh Nair, Thomas Biesheuvel and Crystal Tse
The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American Plc, a move tha ..read more
Biznews.com
21h ago
Caught in the London football whirlwind, Howard Chua-Eoan navigates the turf of Arsenal, Liverpool, and Chelsea, pondering passion versus prudence, loyalty versus allure. As he juggles emotional goals with financial footwork and contemplates the symphony of team histories and performances, he’s on a quest to find his Premier League soulmate before the next season kicks off. Will it be a love story with a touch of Anfield magic, the Gunners’ fiery spirit, or the Blues’ enigmatic allure? Stay tuned for Howard’s kick-off decision by mid-August!
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Biznews.com
21h ago
Moldova’s Foreign Minister Mihai Popșoi highlights the country as a testing ground for Russia’s hybrid warfare tactics, including AI-generated deep fakes, cash bribes, and cyber attacks, aimed at undermining democracy. As Moldova faces pressure amid Russia’s war on Ukraine, the looming presidential election and EU referendum become battlegrounds. With the Russian military’s proximity and recent gains in Ukraine, Moldova stands at a critical juncture, signalling a broader threat to Western democracies.
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Biznews.com
21h ago
South Africa is a tinderbox waiting for a trigger to explode into violence and destruction. That is the warning from retired General Roland de Vries, the former Deputy Chief of the South African Army. In this interview with BizNews, he shares his in-depth assessment of the threat environment – and lists the possible trigger events for anarchy in election year. The general warns that the ruling African National Congress (ANC) government does not have the capability to protect its citizens adequately – and that it is up to the broader community to protect itself. He also gives his ta ..read more
Biznews.com
21h ago
In a world marked by escalating tensions and geopolitical rivalries, South Africa faces a pivotal decision amidst shifting global alliances. With conflicts in the Middle East, Ukraine, and the South China Sea looming large, South Africa’s alignment with China, Russia, and Iran poses challenges amid its economic ties with the West. This delicate balance could determine South Africa’s international standing and influence in an uncertain and potentially dangerous world order.
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Biznews.com
21h ago
October 7th remains etched in history as a day of unspeakable horror, yet its memory fades amidst the deafening silence of denial. Despite the gruesome reality of mass atrocities inflicted upon the people of Israel—horrors of butchery, mutilation, and rape—much of the world averts its gaze, choosing to deny or forget the agony that befell them.
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By Nicholas Woode-Smith*
The brutality of October 7th s ..read more
Biznews.com
21h ago
Tesla Inc. races to reignite demand with an ambitious move: expediting the launch of more affordable vehicles to hit the market this year, a sharp departure from its previous timeline. Despite a lacklustre quarter, marked by earnings and sales shortfalls, the announcement sends Tesla shares soaring. CEO Elon Musk’s strategy shift aims to combat global EV slowdowns and sustain the company amid tumultuous times, including massive layoffs and executive resignations. Investors cautiously embrace the glimmer of hope for Tesla’s future growth.
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Biznews.com
22h ago
Gold’s astonishing surge this year baffled analysts until a new player emerged: Chinese retail investors flooding the Shanghai Futures Exchange (SHFE). Despite global pressures like rising Treasury yields and a strong dollar, SHFE’s volumes tripled, driving gold prices skyward. With China’s historical affinity for gold and recent market turbulence, the influx signals a significant shift in gold trading dynamics. But as prices waver, the debate over SHFE’s impact on the global gold market intensifies.
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Biznews.com
22h ago
In the era of health consciousness, “ultra-processed foods” are under intense scrutiny for their alleged links to a plethora of health issues. Despite lacking a universal definition, these foods dominate American diets. While food giants pivot towards healthier options, they simultaneously lobby against the negative narrative. Yet, at industry events, they proudly showcase their processed creations as culinary innovations. Amidst this debate, the Consumer Brands Association advocates for a reconsideration, portraying processed foods as facilitators of cherished moments.
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Biznews.com
22h ago
In the aftermath of Silicon Valley Bank’s monumental setback, the race to dominate the realm of startup financing has intensified. JPMorgan Chase & Co. and HSBC Holdings Plc have emerged as formidable contenders, challenging SVB’s once-unchallenged position. Despite facing a trust deficit, SVB, now under First Citizens Bancshares Inc., remains resilient, leveraging its seasoned local bankers’ expertise. As banking giants vie for supremacy in the startup ecosystem, the battle for entrepreneurial patronage has never been more fiercely contested.
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