The Spanish lender’s all-share offer values its smaller rival at around $12.4 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 said a state guarantor could come to its aid after the troubled developer missed deadlines for bond payments, presenting a key test in an ongoing debt crisis in China’s property sector.
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.
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