The BBC’s Nada Tawfik highlights the key points from the final arguments in the ex-president’s hush-money case. https://ift.tt/6xjUMoh May 29, 2024 at 05:05AM
Royal Mail’s parent company International Distributions Services said on Wednesday it had agreed to a 3.57 billion pound formal takeover offer by Czech billionaire Daniel Kretinsky. https://www.cnbc.com/2024/05/29/royal-mail-owner-agrees-to-3point6-billion-takeover-by-czech-billionaire-kretinsky.html
The ANC, which saw out apartheid in South Africa 30 years ago, risked losing its absolute majority for the first time in national elections. https://www.wsj.com/world/africa/party-of-nelson-mandela-projected-to-lose-absolute-majority-in-south-africa-cd11d059
Merck is close to a $1.3 billion deal to buy Eyebiotech, whose lead drug, Restoret, is in development to treat eye conditions including a form of age-related macular degeneration. https://www.wsj.com/health/pharma/merck-nears-1-3-billion-deal-for-eye-drug-company-eyebio-5b9ce7cb
The city’s most prominent opposition figures will soon have their fate decided after more than two years in jail. https://ift.tt/OuVi0Bf May 29, 2024 at 08:42AM
Bouygues Telecom said a dispute between SFR and La Poste could have an impact on the timetable for completion of the La Poste Telecom deal. https://www.wsj.com/articles/bouygues-telecom-says-la-poste-telecom-deal-could-be-delayed-by-dispute-5e5025a6
A union representing Samsung Electronics has called for the first-ever strike in the South Korean technology giant’s history after talks over wage increases broke down. https://www.wsj.com/articles/samsung-union-plans-first-ever-strike-47acacca
China’s new third chip fund will likely focus on advanced chips and establishing the entire supply chain, said Winston Ma, adjunct professor at NYU School of Law. https://www.cnbc.com/2024/05/29/china-will-focus-on-ai-in-its-new-chip-fund-amid-us-export-curbs-professor.html
More of China’s biggest cities are easing home-buying policies, after top leaders recently signaled a shift to aggressive measures to resolve the country’s ongoing property crisis. https://www.wsj.com/articles/chinas-biggest-cities-continue-to-ease-home-buying-policies-40c168d3
The Associated Press projects that Republican Rep. Tony Gonzales of Texas will win his Republican primary runoff election on Tuesday with far-right challenger Brandon Herrera. Gonzales is running for a third two-year term representing a majority Hispanic district in southwestern Texas. With more than 800 miles of U.S.-Mexico border, Texas’s 23rd district has the largest stretch…