Canada’s Teck Resources on Monday doubled down on its push to reject an unsolicited $22.5 billion bid from Glencore Plc citing “fundamental flaws” in the offer and urged shareholders to instead vote for a restructuring.
India’s JSW One Platforms, a unit of conglomerate JSW Group, on Monday, said it raised 2.05 billion rupees ($25.02 million) from Japan’s Mitsui & Co Ltd in its series A funding round.
The dollar held firm against the yen on Monday after Japan’s new central bank governor, Kazuo Ueda, said in his first public remarks that it was important to maintain his predecessor Haruhiko Kuroda’s policy of yield curve control for now.
One of the most closely watched U.S. defamation cases in decades is set to begin on Thursday as a Delaware court picks a jury to decide whether Fox News should pay Dominion Voting Systems $1.6 billion for spreading election-rigging falsehoods.
Growth in sales of China’s passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of incentives by local governments helped to support demand.
Global shipments of personal computers (PCs) fell by 29% in the first quarter of 2023 due to weak demand, excess inventory and a deteriorating macroeconomic climate, with Apple Inc taking the largest hit, market research firm IDC said.
U.S. stock index futures were subdued on Monday on growing risks that the Federal Reserve will continue to hike interest rates after Friday’s jobs data highlighted a still-strong labor market.
