BHP Group Weighs Potential Takeover of Anglo American
The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American Plc, a move that could spark the biggest shakeup in the industry in over a decade.
The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American Plc, a move that could spark the biggest shakeup in the industry in over a decade.
Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western legacy automakers can interest Chinese consumers will be the talk of Beijing as executives from top global car marques descend on the capital for the Auto China show.
Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern about whether the bull market has run too far.
Vingroup founder Pham Nhat Vuong plans to give at least $1 billion more from his personal wealth to the company’s EV maker unit VinFast Auto Ltd. to fund its global expansion, he said at Vingroup’s shareholders’ meeting in Hanoi.
Xiaomi Corp. has secured 75,723 orders for its SU7 electric vehicles since last month’s launch, paving the way for the Chinese electronics giant to challenge automakers from Tesla Inc. to BYD Co. Ltd in the world’s largest car market.
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