Teck Resources Ltd. is a “great company” that’s important to Canada’s economy, and any takeover bid for the miner will have to get through a “rigorous process” to win government approval, Canadian Prime Minister Justin Trudeau said.
Shell Plc signed an agreement to sell to BP Plc its 27% stake in the carbon-intensive Browse natural gas project off the northwest coast of Australia, one of the country’s largest untapped gas fields.
Glen Point Capital co-founder Neil Phillips asked a federal judge to toss out charges that he tried to manipulate the $7.5 trillion-a-day foreign exchange market.
A Dubai watch auction puts $9.4 million of timepieces on the block. This and more of what’s making luxury news in the region.
The head of Atom Bank sees “huge scope for growth” in British mortgages and business loans as the British lender looks to raise about £150 million ($189 million) to fund expansion ahead of a stock market listing as early as next year.
Germany will start one of the most affordable public transit offers anywhere in the world on Monday, setting a new benchmark to encourage consumers to ditch their cars and putting pressure on Berlin to make the shift work.
India’s capital markets regulator may ask the country’s top court to give it more time to finish its investigation into short-seller Hindenburg Research’s allegations against billionaire Gautam Adani’s conglomerate, the Business Standard reported, citing people it didn’t name.
