Latest in Singapore Takeover
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Mediobanca rejects Monte dei Paschi’s takeover bid
Board says the deal offers no ‘industrial and financial rationale’ and is danger to its identityFinancial Times - 4h -
Emma Raducanu crashes out in Singapore Open first round as serve struggles continue
Emma Raducanu suffered a shock first-round defeat to Spain’s Cristina Bucsa as she crashed out of the Singapore Open.Yahoo Sports - 1d -
Fear and gunshots after Rwanda-backed rebels claim takeover of Congo city
Residents in eastern Congo’s largest city, Goma, woke up on Monday morning uncertain about who is in control of the city, which Rwanda-backed rebels claimed to have capturedABC News - 1d -
Beacon Roofing CEO describes dealings with QXO as takeover bid heats up
Beacon Roofing CEO Julian Francis described communications with a building products distributor looking to acquire his company.CNBC - 18h -
Raducanu loses in Singapore Open first round
Britain's Emma Raducanu loses to world number 101 Cristina Bucsa of Spain in the opening round of the Singapore Open.BBC News - 1d -
Harland & Wolff takeover raises fears over payments to suppliers
Bankrupt shipbuilder is being bought by Spanish state-owned group NavantiaFinancial Times - 2d -
Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sectorABC News - 4d -
Monte dei Paschi launches €13bn takeover offer for Mediobanca
Move by world’s oldest bank would shake up Italy’s financial sectorFinancial Times - 4d -
Singapore eases monetary policy for first time in 4 years
City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025Financial Times - 4d -
Singapore eases monetary policy for the first time since 2020, warns of growth slowdown
The Monetary Authority of Singapore said it will reduce slightly the slope of its exchange rate policy band.CNBC - 4d -
The Kelce Takeover Doesn’t End at 1 A.M.
After retiring from the N.F.L., Jason Kelce has built a career as a football analyst, a podcast personality and an omnipresent pitchman. This month, he’s a late-night host as well.The New York Times - 5d -
Singapore's Likee Is an Unlikely Winner of the TikTok Ban
After a US law temporarily forced Americans to find a new home for their short-video habit, TikTok clone Likee saw a surge in usage.Wired - 6d -
TikTok owner asks Chinese staff in Singapore to pay taxes to Beijing
ByteDance’s missive comes as China steps up enforcement of global tax collectionFinancial Times - 6d -
Could Elon Musk buy Intel? As takeover talk swirls, one analyst is skeptical.
A Bernstein analyst recommends avoiding Intel’s stock as takeover rumors have the potential to drive a rally, though “it doesn’t feel like a long either.”MarketWatch - Jan. 21 -
There's a way to beat a far-right takeover in the UK. So why has Starmer gone silent about it? | Polly Toynbee
With Trump back in the White House, democracy is in danger across the west. Electoral reform is the best way to protect it. Inauguration day in the US signalled the drum beat of the far right ...The Guardian - Jan. 21 -
Malaysia ties fortunes to Singapore as US-China tensions mount
New special economic zone paves way for closer relations between one-time south-east Asian rivalsFinancial Times - Jan. 21 -
Quantum-computing stocks could be rich takeover targets. Here’s what to know.
Innovative startups could help tech giants capitalize on this world-changing application.MarketWatch - Jan. 18 -
Intel’s stock is rising on takeover hopes. But does any buyer really make sense?
A tech publication writes of the “near certainty” that a company is interested in buying Intel. But it’s not clear which one might fit the bill.MarketWatch - Jan. 17 -
Singapore bets that the carbon credit market isn’t dead yet
Government fund’s bet on BeZero is the latest in a series of investments in carbon credit companiesFinancial Times - Jan. 17 -
British activist investor seeks to disrupt Singapore takeover
Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in AsiaFinancial Times - Jan. 15 -
Why Singapore’s First Family Is Locked in a Bitter Feud Over a House
A son of the country’s founding father says he has been persecuted by the government because of a feud with his older brother, who until May was prime minister.The New York Times - Jan. 11 -
China’s Zijin in takeover talks for lithium miner
Chinese businesses continue to establish dominant foothold in fast-growing sector for battery supply chainFinancial Times - Jan. 10 -
Harris, Emhoff cancel trip to Singapore, Middle East, Germany amid California fires
Vice President Harris and second gentleman Doug Emhoff announced their decision to cancel their upcoming international trips on Thursday in the wake of the Los Angeles wildfires. “In response to ...The Hill - Jan. 10 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
Germany warns Trump after Greenland takeover threat
German Chancellor Olaf Scholz sent a warning to President-elect Trump over border rules as the incoming president continues his threat of taking over Greenland. Scholz said Wednesday that he spoke ...The Hill - Jan. 8 -
France says EU won't tolerate attack on borders after Trump Greenland takeover remarks
French Foreign Minister Jean-Noël Barrot says the European Union (EU) will stand firm in its alliance in the face of repeated comments from President-elect Trump about the U.S. acquiring Greenland ...The Hill - Jan. 8 -
KKR urges Fuji Soft to take legal action against Bain in $4bn takeover fight
Public battle between private equity bidders for software company tests new ground in JapanFinancial Times - Jan. 7 -
Biden blocks some new offshore drilling ahead of Trump takeover
President Biden has blocked new offshore drilling for oil and gas in several parts of the country about two weeks before President-elect Trump takes office. Biden has announced that he’ll block ...The Hill - Jan. 6 -
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.CBS News - Jan. 3 -
Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
U.S. Steel's stock opened down more than 7% in trading Friday following the president's announcement.CNBC - Jan. 3 -
Biden blocks Nippon Steel’s $15bn takeover of US Steel
Companies threaten legal action in response to outgoing president’s decisionFinancial Times - Jan. 3 -
Brown hails Biden decision to block Japanese takeover of US Steel
Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan’s Nippon Steel, a deal that was valued at $14 billion. “The deal was ...The Hill - Jan. 3 -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - Jan. 3 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2