Bloomberg Business

Freeport, Vale, Anglo Are Said to Eye Teck Metals Operations

Major mining companies including Freeport McMoRan Inc., Vale SA and Anglo American Plc are evaluating potential bids for a chance to purchase Teck Resources Ltd.’s base metals business if the Canadian miner successfully spins out its coal assets, according to people familiar with the discussions.

Ukraine Latest: Foreign Minister to Visit Iraq in Bid for Allies

Some 130 Ukrainian POWs were returned by Russia over the Orthodox Easter weekend. Russia said Saturday that mercenaries in the Wagner group captured two districts of the eastern Ukrainian city of Bakhmut, where battles have raged for months.

DeSantis Hits Back With Ads Attacking ‘Gun Grabber’ Trump

A political group aligned with Florida Governor Ron DeSantis launched video attack ads against Donald Trump, striking back at the former president for scathing criticism of DeSantis and ratcheting up hostilities between the rivals for the Republican presidential nomination.

Teck Approached by Vale, Anglo American and Freeport, Globe Says

Teck Resources Ltd. was approached by Vale Ltd., Anglo American Plc and Freeport-McMoRan Inc. on potential deals, should the Canadian company carry out a planned split, The Globe and Mail reported, citing two unidentified people familiar with the discussions.

IMF Awaits More Egyptian Reforms Before First Review

The International Monetary Fund is waiting to see Egypt enact more of the wide-ranging reforms it pledged before carrying out the first review of a $3 billion rescue program, according to people familiar with the matter.

China Searches for Clearer Signs of Economic Momentum

China’s key economic data in the coming week is likely to show a pickup in growth after Beijing dropped its Covid Zero rules, though it’s not yet clear how solid or sustainable the recovery will be.

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