That sparked renewed interest in the company and forced the bidders to twice up their offer, from an initial 640 pence a share to a final bid worth 869 pence a share.Novachuk said he’s confident that they can get the support from financial institutions both in Russia and internationally to build the mine and didn’t rule out retuning to public markets once the project was nearer completion.“It’s so far away from now, in a few years time we may meet again and discuss where we are,” he said.
EU antitrust regulators are set to charge iPhone maker Apple this week with blocking rivals on its App Store following a complaint by music streaming service Spotify, a person familiar with the matter said on Tuesday.
The banks are persuading merchant and retail clients to download digital wallets so that transactions during the pilot programme can be made directly in digital yuan, bypassing the ubiquitous payment plumbing laid by tech giants Ant Group, an affiliate of Alibaba 9988.HK, and Tencent 0700.HK.
NEW YORK/TOKYO -Ethereum, the world’s second largest cryptocurrency in terms of market capitalization, rose to an all-time peak on Tuesday, with market participants citing media reports about the European Investment Bank’s plans to launch a “digital bond” sale on the ethereum blockchain network.
Chinese property developers have turned their sights to Hong Kong’s border districts as mainlanders from neighbouring boomtown Shenzhen consider parts of the former British colony as a more affordable long-term housing prospect.
judge on Monday found that Huawei did not violate a court order by sharing certain information with its chief financial officer, who is using it to help fight her extradition from Canada.
But prices should remain above historical averages well into 2022.“If 2020 was a mic-drop event, 2021 is setting up to be an even more impressive encore performance for the forest-product industry,” RBC Capital Markets said in an April recent report.Record-high lumber prices are expected to mean “very strong free cash flow” for companies like West Fraser, Canfor Corp., and Interfor, RBC said.For Taylor, an already “atrocious” lumber shopping experience was exacerbated by scant availability of oriented strand board, known as OSB, which is widely used as a plywood stand-in to make walls and floors.
HSBC Holdings PLC beat quarterly profit forecasts and released $400 million it had set aside to cover bad loans caused by the pandemic, as rapid vaccine rollouts in the United States and Britain raise hopes for an economic recovery.
General Electric Co’s turnaround plans looked dead in the water to many last spring when its lucrative jet engine business became another victim of the coronavirus pandemic as global air travel dried up.
Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights.