European markets close higher as positive momentum returns; Delivery Hero down 15%
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Elliott takes $1 billion stake in Anglo American as miner faces takeover interest
Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron beat earnings expectations Friday, but its profit fell from the year-ago period as its refineries and international gas business faced headwinds.
China's distressed property developers reveal wave of job cuts
HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and dwindling sales have resorted to drastic workforce cuts, some of their annual reports show.
Middle East conflicts, high interest rates could dampen Singapore’s economic growth
While the Monetary Authority of Singapore stuck to its view that the economy would grow 1 per cent-3 per cent this year, it said in its biannual Macroeconomic Review published on Friday that the outlook depends on the global pivot to monetary easing and a tech upswing.
Viva Forest City? Rumours of new casino stirs heated debate in Malaysia
“No casino licence. It is a lie … it is not true,” Anwar told reporters at an event on Thursday after the report, published by Bloomberg, was widely picked up by local news and went viral on Malaysian social media.
Indonesia’s Prabowo to ‘expand wings of coalition’ with ‘attractive offers’ to former rivals
Analysts believe Prabowo is likely to form a grand coalition with minimal opposition, an outcome that would accelerate his legislative agenda, but potentially erode the country’s democracy due to a lack of checks on his power.
Australia mourns Pakistani refugee guard killed in Sydney mall stabbing: ‘he helped save lives that day’
Australian Prime Minister Anthony Albanese hailed as a hero Pakistani security guard Faraz Tahir, killed in Sydney while trying to stop a mass stabbing attack, in remarks delivered on Friday at a funeral attended by hundreds.