Australia’s Domain grants due diligence access to CoStar for $1.8 billion buyout bid
Australia’s Domain Holdings said on Monday it has granted CoStar exclusive due diligence access for the U.S. property data group’s revised buyout proposal which values the real estate classifieds firm at A$2.80 billion ($1.76 billion). CoStar sweetened its offer to…
Oliver Stone to testify at US House panel JFK assassination files hearing
WASHINGTON – Film director Oliver Stone will testify at a U.S. House of Representatives hearing Tuesday on thousands of pages of documents related to the 1963 assassination of John F. Kennedy released this month at the direction of President Donald…
Trump says Zelenskiy wants to back out of critical minerals deal
ABOARD AIR FORCE ONE – U.S. President Donald Trump said on Sunday Ukrainian President Volodymyr Zelenskiy wants to back out of a critical minerals deal, warning the Ukrainian leader would face big problems if he did. “He’s trying to back…
Global equity funds saw strong weekly inflows on early optimism, but trade jitters resurface
Global equity funds attracted large inflows in the week through March 26 when equity markets initially rebounded on optimism that President Donald Trump’s administration would apply tariffs more selectively rather than impose broad trade restrictions. Investors purchased global equity funds…
Latin American women opt against motherhood in shift from traditional gender roles
MEXICO CITY – A growing number of Latin American women are choosing not to give birth in a radical departure from the traditional family roles that have long dominated in the region. Latin America and the Caribbean has experienced the…
Exclusive-India weighs scrapping import tax on US LNG, boost purchases, sources say
NEW DELHI -India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources…
Sanctioned Russian tanker firm Sovcomflot’s transportation volumes fell 16% in 2024
Russia’s leading tanker group Sovcomflot’s saw transportation volumes drop around 16% to 63 million metric tons last year compared to 2023, Russian news agency Interfax reported on Friday, citing the group’s CEO Igor Tonkovidov as saying. The United States and…
Exclusive-Alaska governor to brief Trump on Asia gas push as tariffs bite
TOKYO -Alaska’s governor will brief U.S. President Donald Trump’s administration next week on progress in securing Asian backing for a $44 billion natural gas export project, he told Reuters, part of Washington’s broader push on trade and tariffs. Trump wants…
French Constitutional Council ruling deals blow to Le Pen
PARIS -France’s Constitutional Council ruled on Friday that local politicians can be barred from office immediately if convicted of a crime, leaving the door open for far-right leader Marine Le Pen to potentially be barred from the 2027 presidential race….
Ubisoft shares drop, erase early gains on talk hedge funds shorting stock
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises. The stock was down around 1% at 1451…
Chile’s Codelco sending more copper to US after tariff threat
SANTIAGO -Chile’s Codelco, the world’s largest copper producer, has been redirecting some of its spot sales to the United States, CEO Ruben Alvarado said on Friday. U.S. President Donald Trump in February ordered a probe into potential new tariffs on…
Skadden Arps in talks with Trump team to avoid executive order, New York Times reports
WASHINGTON – Law firm Skadden, Arps, Slate, Meagher & Flom has had discussions with advisers to U.S. President Donald Trump about a deal to avoid an executive order like those imposed on some of its competitors, the New York Times…
Factbox-How Canada is retaliating against US tariffs
OTTAWA -Canada plans additional retaliation for U.S. President Donald Trump’s auto tariffs and reciprocal tariffs on U.S. trading partners scheduled for early April. Canadian Prime Minister Mark Carney said on Thursday he had not yet determined what actions Canada might…
Carmakers weigh risk of price hikes as Trump tariffs loom, sources say
BERLIN – European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said, fearing any first-movers could risk a backlash from U.S. President Donald Trump. The…
Israel flouting international law with forced evacuations in Gaza, UN says
GENEVA -The U.N. Human Rights Office accused Israel on Friday of violating international law by forcibly displacing Palestinians in Gaza under “mandatory evacuation orders”. The Israeli army has issued what the U.N. described as 10 mandatory evacuation orders, covering large…
US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig…
Kushner’s Affinity’s assets jump to $4.8 billion after Gulf cash injection
LONDON -Jared Kushner’s investment company Affinity Partners saw assets under management jump 60% last year to $4.8 billion, according to a regulatory filing, after it received a cash injection from Middle East investors including Qatar’s sovereign wealth fund. Kushner, son-in-law…
Appeals court won’t block US military’s transgender ban, for now
A federal appeals court has paused a lower court order blocking President Donald Trump’s ban on transgender people serving in the military, but has signaled that it may quickly reconsider that decision if the military takes action against transgender members….
German finance minister warns of tariff hit to U.S. and German economies
BERLIN – Germany’s Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to prevent an escalating trade war. Kukies made the statement to Reuters after…
CoreWeave’s retail appeal may be tempered by IPO timing, financial pressures
Concerns sparked by CoreWeave’s debt pile and other financial challenges may weigh on retail investor enthusiasm as it prepares to go public after what analysts said was a poorly timed IPO. The Nvidia-backed AI infrastructure company, which focuses on data…