Sunday newspaper round-up: Rio-Glencore merger, Iran protests, Greenland…
Rio Tinto has been urged not to overpay for Glencore, according to the Sunday Times, after it emerged…
UBS approved for US banking licence
US regulators have approved UBS for a full banking licence, adding checking and savings account services to one…
Glencore surges on Rio Tinto merger talks
Miners Glencore and Rio Tinto confirmed on Friday that they are in preliminary talks about a possible combination…
Zurich makes £7.7bn takeover bid for Beazley, shares rocket
Beazley shares rocketed on Monday after Zurich Financial said it had made a £7.7bn takeover offer for the…
Coal rally raises Glencore hopes of reviving Rio Tinto talks – report
Glencore is hopeful that a recent rally in coal prices and a shift in relative share performance could…
UBS upgrades Admiral to ‘buy’, shares spark
UBS upgraded Admiral on Tuesday to ‘buy’ from ‘neutral’ and lifted the price target to 3,550p from 3,300p.…
Roche shares slip as breast-cancer drug trial disappoints
Shares in Roche dipped in Zurich on Monday after the company’s breast-cancer treatment, Giredestrant, failed to meet its…
Berenberg says Glencore-Rio deal makes sense, copper exposure the focus
Commenting on Rio Tinto and Glencore’s confirmed merger talks on Friday, Berenberg said in a research note that…
Roche to buy Nasdaq-listed 89bio for up $3.5bn
Shares in American clinical-stage biopharmaceutical company 89bio rocketed in pre-market trade on Thursday after Swiss pharma giant Roche…
Beazley full-year profit falls amid ‘softening’ insurance market
Beazley posted a fall in full-year profit on Wednesday amid a “softening” insurance market, ahead of its agreed…
UBS upgrades IG Group to ‘buy’, hikes price target
UBS upgraded IG Group on Tuesday to ‘buy’ from ‘neutral’ and hiked the price target to 1,600p from…
Berenberg lowers Beazley to ‘hold’ following Zurich offer
Analysts at Berenberg downgraded insurance giant Beazley from ‘buy’ to ‘hold’ on Tuesday after the company announced it…