The Spanish lender’s all-share offer values its smaller rival at around $12 billion and comes after an initial approach on the same terms was rejected.
Primary supply of platinum, or the supply directly from producers, is expected to decline by 2% on-year to around 5.68 million troy ounces, while demand is expected to remain firm across all sectors, according to a new report by Johnson Matthey.
Country Garden Holdings said it is likely to default on a government-guaranteed local bond, as it continues to struggle with liquidity amid China’s property crisis.
The blue-chip index rises for sixth straight day, while the Nasdaq dips.
The anticipated return to normal for credit trends may bode well for spending.
A podcast series examines sustainable homeownership by outlining the financial implications of buying a house.
Spain’s Banco Bilbao Vizcaya Argentaria got the cold shoulder in its attempt to revive a merger with smaller rival Banco de Sabadell. While some analysts still think a deal is possible, a friendly approach seems to have been ruled out.
Assets in leveraged single-stock ETFs have doubled this year.
The San Francisco lender is focused on expanding its relatively small investment bank.
Tesla’s decision to step back from EV charging opens up space for competitors. It isn’t clear that they can fill the gap.