CNBC News

Randgold Resources Ltd said on Monday it agreed to the terms of a recommended share-for-share merger with Canada’s Barrick Gold Corp in a deal worth $18.3 billion. Under the terms of the deal, each Randgold shareholder will receive 6.1280 new Barrick shares for each share of the African rival, the […]

German conglomerate Siemens is looking to build infrastructure in three months that could generate enough electricity for 300,000 people in Iraq as part of a larger proposal, company President and CEO Joe Kaeser told CNBC on Monday. The company said Kaeser met over the weekend with Iraqi Prime Minister Haider […]

China accused the United States of engaging in “trade bullyism” and intimidating other countries to submit to its will through measures such as tariffs, hours after the two sides imposed fresh duties on each other’s goods. The official Xinhua news agency said on Monday that Washington was intimidating other countries […]

U.K. broadcaster Sky has accepted an offer from Comcast for a $39 billion takeover, the company said in an official statement. “As the price of the Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast Offer,” the company said. “Accordingly, […]

China has long relied on infrastructure investments to drive its economic growth. Investments contributed to 44 percent of China’s nominal GDP in December 2017, compared to about 20 to 25 percent for countries like the United States, Japan and Germany, according to figures compiled by economic data provider CEIC. China’s […]

The latest round of tariffs targeting U.S. and Chinese goods went into effect Monday, raising the stakes in an escalating trade war between the world’s two largest economies. President Donald Trump’s administration levied tariffs of 10 percent on $200 billion of Chinese products that include furniture and appliances, with the […]

Tiger Woods was moved to the brink of tears after capturing his first title since 2013 with a two-stroke triumph at the Tour Championship in Atlanta on Sunday that proved he was far from washed up at the age of 42. After five years of complications in his personal life […]

A second woman has accused Supreme Court nominee Brett Kavanaugh of sexual misconduct, a claim the judge denies. In a story published Sunday, NBC News reported that Kavanaugh’s college classmate Deborah Ramirez says Kavanaugh exposed himself to her when they were at Yale University in the 1980s. In an article […]

Australia’s market was lower in the morning of the first trading day of the week, following last Friday’s record gains on Wall Street. The ASX 200 slid by 0.17 percent in the early hours of trading action Down Under, as the heavily weighted financial sector traded down by 0.13 percent. […]

Both Australia and Hong Kong’s markets were lower in the morning of the first trading day of the week, following last Friday’s record gains on Wall Street. The ASX 200 slid by 0.22 percent in the morning, as the heavily weighted financial sector traded down by 0.28 percent. Commonwealth Bank […]