Canada clears $34 billion Bunge-Viterra merger with conditions
By Ismail Shakil OTTAWA (Reuters) -Canada on Tuesday approved with conditions U.S. grains merchant Bunge (NYSE:BG)’s $34 billion merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie-up that is unprecedented in dollar
Australian rare earths stock Arafura surges on govt funding for project
Investing.com– Australian rare earth miner Arafura Resources Ltd (ASX:ARU) rallied on Wednesday after the firm won an A$200 million ($123.72 million) government investment for a mining and processing project in the Northern Territory. Arafura jumped over 17% to A$0.135,
Bunge and Viterra’s $34 billion merger deal gets Canada’s approval
Investing.com– Canada has approved the $34 billion merger between Bunge Limited (NYSE:BG) and Viterra, a Glencore PLC (LON:GLEN)-backed company, subject to specific conditions aimed at preserving market competition. To address anti-competitive concerns, Bunge is required to divest
Eli Lilly: BofA says buy the dip after shares slide on Q4 miss
Investing.com– Eli Lily’s shares fell sharply on Tuesday after the pharmaceutical company posted weaker-than-expected fourth quarter revenue, although BofA analysts said this presented a buying opportunity. Eli Lilly and Company (NYSE:LLY) shares slid 6.6% to $744.91, after it said it expects
Chip industry groups slam expected rules in private letter to Biden
By Stephen Nellis (Reuters) – A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to U.S. President Joe Biden complaining that new export controls expected this week were rushed through without consulting them. The Biden administration on