Advertisement
Canada markets closed

  • S&P/TSX

    22,269.12
    +197.41 (+0.89%)
     

  • S&P 500

    5,277.51
    +42.03 (+0.80%)
     

  • DOW

    38,686.32
    +574.84 (+1.51%)
     

  • CAD/USD

    0.7339
    +0.0028 (+0.38%)
     

  • CRUDE OIL

    77.18
    -0.73 (-0.94%)
     

  • Bitcoin CAD

    92,336.09
    -1,257.41 (-1.34%)
     

  • CMC Crypto 200

    1,424.16
    -4.41 (-0.31%)
     

  • GOLD FUTURES

    2,347.70
    -18.80 (-0.79%)
     

  • RUSSELL 2000

    2,070.13
    +13.53 (+0.66%)
     

  • 10-Yr Bond

    4.5140
    -0.0400 (-0.88%)
     

  • NASDAQ

    16,735.02
    -2.06 (-0.01%)
     

  • VOLATILITY

    12.92
    -1.55 (-10.71%)
     

  • FTSE

    8,275.38
    +44.33 (+0.54%)
     

  • NIKKEI 225

    38,487.90
    +433.77 (+1.14%)
     

  • CAD/EUR

    0.6762
    +0.0016 (+0.24%)
     

PRESS DIGEST- Financial Times - May 14

Reuters
·1 min read

May 14 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Apollo and Intel enter talks to finance $11bn chip plant in Ireland

- Anglo American rejects improved £34bn offer from BHP

- Chinese solar groups pull out of tender after EU anti-subsidy probe

- Stellantis in talks with Vale to invest in Indonesian nickel smelter

Overview

- Intel is in advanced talks for a deal with Apollo Global Management in which the equity firm would provide more than $11 billion to build a facility in Ireland.

- Anglo American rejected a raised takeover offer of 34 billion pounds ($42.69 billion) from BHP Group on Monday, saying the world's largest listed miner "continues to significantly undervalue" the company.

ADVERTISEMENT

- The European Commission will close its investigation into Chinese bidders in a public tender for a solar park in Romania after the companies withdrew from the process, European Industry Commission Thierry Breton said on Monday.

- Stellantis is in talks with Brazilian miner Vale and China's Huayou Cobalt to invest in a nickel smelter in Indonesia and secure supplies of the battery metal critical to its electric vehicle expansion plans. ($1 = 0.7965 pounds) (Compiled by Bengaluru newsroom)