(Reuters) – Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its “best and final” price. The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen, opposing the company’s decision to accept Emerson’s $7.2 billion tender offer. “Our break price is ~$202…
BEIJING (Reuters) -Beijing opposes U.S. President Donald Trump’s push to transfer Palestinians out of Gaza and have the U.S. take over the region, China’s foreign ministry said on Thursday, underlining a long-held position against forced displacement of people. China supports the legitimate national rights of the Palestinian people, ministry spokesperson Guo Jiakun told a regular…
BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as effective and enforceable as the EU tariffs that were imposed last week, the likely future European Union trade chief said on Monday. The EU increased tariffs on Chinese-built EVs to as much as 45.3% last…
By Oliver Griffin BOGOTA (Reuters) – Deforestation in Colombia in 2024 is expected to have reached a higher level than during the previous year but is still forecast to be among the lowest levels in more than two decades, Environment Minister Susana Muhamad said on Monday. Deforestation fell by more than a third to just…
KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Thursday North Korean troops had suffered casualties in combat with Kyiv’s forces and that some of the 11,000 troops sent to Russia’s Kursk region had taken part in fighting. The Ukrainian leader, speaking at a news conference at the European Political Community summit in Budapest, said…
(Reuters) – Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in pre-market trading. Rising demand from the technology industry’s energy-hungry AI data centers has bolstered the results of power solution providers in recent…
By Sourasis Bose (Reuters) -Canada’s Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold Mines fell to 385,000 ounces in the July-to-September quarter, compared with 401,000 ounces in the preceding three months, the company reported…
By Yuliia Dysa and Tom Balmforth KYIV (Reuters) – President Volodymyr Zelenskiy said on Monday that members of U.S. President Donald Trump’s team would travel to Ukraine this week, the first such visit at an important diplomatic juncture in the war with Russia. Zelenskiy, who is trying to forge close relations with Trump as the…
By Alex Lawler, Ahmad Ghaddar and Yousef Saba LONDON (Reuters) – OPEC+ at its Dec. 5 meeting made further changes to its oil production policy, by delaying a planned increase in output further into next year as it faces a weaker oil demand outlook. The oil producer group on Thursday pushed back the start of…
By Anna Voitenko and Dan Peleschuk BUCHA, Ukraine (Reuters) – As Russian troops approached Dniprorudne in their February 2022 invasion of Ukraine, the city’s long-term mayor Yevhen Matvieiev could have fled to safety. Instead, he stayed behind to coordinate humanitarian aid and security for its residents as Moscow’s forces occupied the southeastern Ukrainian city. Weeks later…
