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Crunch time looms for BHP's bid buy Anglo American
Crunch time looms for BHP's bid buy Anglo American
by  AFP

Mining behemoth BHP must overcome major hurdles to salvage its faltering pursuit of rival Anglo American, analysts said Monday as a midweek deadline over the seismic takeover bid approaches. BHP did not reply to a request for comment from AFP. Anglo American said: "UK laws restrict us from commenting ahead of the deadline." sft/arb/dan

Markets rise as traders cheered by China property plan
Markets rise as traders cheered by China property plan
by  AFP

Equities rose Monday, extending a rally in New York that saw the Dow close at a record high, with sentiment boosted by China's plan to support its struggling property sector and hopes for a US interest rate cut.

Ryanair annual profit jumps on higher demand, fares
Ryanair annual profit jumps on higher demand, fares
by  AFP

Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs. This helped offset a fuel bill up almost around a third to 5.1 billion euros.

Business and Bollywood votes in India election
Business and Bollywood votes in India election
by  AFP

India's financial capital Mumbai began voting Monday when six-week national elections resumed, with much of the megacity's business and entertainment elite vocal in their support of Prime Minister Narendra Modi.

Mexico aims to be big economic winner from US-China tensions
Mexico aims to be big economic winner from US-China tensions
by  AFP

Sparks fly as a laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks to heightened tensions between the United States and China. Foreign direct investment in Mexico hit a record high of more than $36 billion in 2023, 38 percent of which came from the United States, according to the economy ministry.

Ship that destroyed Baltimore bridge set to move Monday
Ship that destroyed Baltimore bridge set to move Monday
by  AFP

A stranded cargo ship that has been blocking one of America's busiest ports will be removed Monday nearly two months after it struck and destroyed a bridge in Baltimore, authorities said over the weekend. The accident shut down the port, though temporary channels have allowed some traffic in and out of Baltimore.

'Maldives what?': Saudi fashionistas attempt beach rebrand
'Maldives what?': Saudi fashionistas attempt beach rebrand
by  AFP

Saudi designer Tima Abid got her start at a time when fashion shows were taboo and tourism, apart from religious pilgrimages, was almost nonexistent in the Gulf kingdom. Taking in preparations for Abid's show, Saudi designer Alanoud Badr of Lady Fozaza compared the kingdom favourably to a more established island locale.