BHP has approached the embattled Anglo American mining house with an all-scrip offer that would see the group’s most troublesome assets spun off.
First-quarter profits for Elon Musk’s company have more than halved,with the EV market awash with excess capacity and production.
Last week’s halving of the supply of new bitcoins and the consequential halving of revenue to the cryptocurrency’s miners raises big questions for its future.
The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.
Rising government debt and deficits in the world’s two largest economies could have spillover effects on the rest of the global economy.
China’s latest economic data highlights a glut of excess capacity and a flood of cheap exports,which is generating a growing backlash from a number of its trading partners.
Australia is about to join the protectionist wave sweeping through major economies with its “Future Made in Australia” scheme. History suggests we shouldn’t.
Suddenly,tension and uncertainty have gripped financial markets,making them highly volatile.
Joe Biden’s hopes of staying in the White House have been dealt a further blow with the release of economic numbers that also sent shivers through Wall Street.
The West is splashing out hundreds of billions of dollars to maintain its edge in the fight over the world’s most critical technology. But China is playing the long game.
Jamie Dimon is one of the most powerful people in the world. His annual letter to shareholders contains an alarming scenario. Australia would not be immune.