Investing.com-- Shares of Australia’s Gold Road Resources Ltd (ASX:GOR) surged to an all-time high on Tuesday after the company rejected a $2.1 billion takeover bid from South Africa’s Gold Fields Ltd (JO:GFIJ), calling the proposal "highly opportunistic" and undervaluing its assets.Gold Road after market close on Monday confirmed it had turned down Gold Fields’ non-binding offer of A$3. ...
By Mike Scarcella, Sara Merken and David Thomas(Reuters) - Paul Weiss Chairman Brad Karp’s deal with U.S. President Donald Trump to escape an executive order that threatened the firm’s business has sparked broad condemnation in the legal industry, as Trump on Monday continued to wield a cudgel, saying that "law firms have to behave themselves." More than 100 former Paul Weiss lawyers, some of ...
SEOUL (Reuters) - South Korea’s Hyundai Steel (KS:004020) will invest $5.8 billion along with Hyundai Motor (OTC:HYMTF) Group to build a plant in Louisiana in the United States with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday.This is part of Hyundai Motor’s $21 billion investment in the United States, which was announced by the company on Mond ...
Investing.com-- Shares of Hyundai (OTC:HYMTF) Motor (KS:005380) rallied in Seoul trade on Tuesday after the South Korean carmaker, along with U.S. President Donald Trump, announced a $21 billion investment in the U.S.Shares of the automaker jumped as much as 7.5% to 229,000 won, helping spur a 0.3% rise in the KOSPI index. Hyundai said it will invest about $9 billion by 2028 to boost producti ...