July 1 Reuters Shares in Anglo American slid 3 on Monday after the miner suspended production at its Grosvenor steelmaking coal mine in Australia following an underground fire that broke out over the weekend. Anglo American said on Sunday it was battling an underground fire at the mine in Australia39;s Queensland state after a blaze ignited […]

July 1 Reuters The union representing Canada39;s WestJet Airlines39; striking mechanics said on Monday that it has negotiated a contract with the carrier, ending their strike immediately. Westjet said members would return to work to restore the network after the airline had to park 130 aircraft at 13 airports across Canada. The airline anticipated further […]

July 1 Reuters Boeing has agreed to buy back Spirit AeroSystems for 4.7 billion in stock, ending the neartwodecade independence of the world39;s largest standalone aerostructures company. Boeing39;s archrival, Airbus, which became a Spirit customer after Boeing spun it off, will take on the supplier39;s lossmaking Europefocused activities in return for hundreds of millions of dollars of […]

FRANKFURT, July 1 Reuters French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros 1.41.6 billion at a major production site in Frankfurt, Germany, where it makes insulin brand Lantus, newspaper Handelsblatt reported on Monday. The paper cited German government sources as saying Sanofi changed course after initial […]

A 150 surge in chipmaker Nvidia has led rally in world stocks Yen has slumped to 38year low against stronger US dollar Elections have triggered big moves from Mexico to France Cocoa has soared almost 85 in commodity markets LONDONNEW YORK, July 1 Reuters The unstoppable march of the mega caps, slothlike central bank pivots, […]

Reuters BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds 3.23 billion in cash in a further expansion by the world39;s biggest asset management company into alternative investments. BlackRock, which manages more than 10 trillion, is seeking to capitalise on a boom in demand from investors for alternative assets, which includes anything […]