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Business 07 Jun 2019 | 3:25 AM

Pence warns Mexico tariffs are coming with more talks set Friday

WASHINGTON: Vice President Mike Pence said the U.S. still plans to impose tariffs on Mexico next week, as American and Mexican officials planned further talks aimed at defusing a crisis between the two countries over the flow of undocumented migrants into the U.S.

Business 09 Jun 2019 | 11:14 PM

Trump acting budget chief asks for delay on Huawei restrictions

WASHINGTON: The Trump administration's acting budget chief is asking for a delay in restrictions against Huawei Technologies Co Ltd products, according to a letter to Vice President Mike Pence and nine members of Congress.

Business 17 May 2011 | 12:00 AM

Glencore revises price range for US$11bil IPO

HONG KONG: Glencore International Plc has revised the price range for its planned US$11bil initial public offering (IPO) to between 520 pence and 550 pence per share, from an earlier guidance of 480 pence to 580 pence each, a source with direct knowledge of the matter told i>Reuters/iyesterday.

Business 18 Nov 2016 | 12:00 AM

Mixed views on MP Evan’s rejection of KLK new offer

RHB Research says its latest bid at 740 pence is expensive

Corporate News 15 Nov 2016 | 1:23 PM

MP Evans rejects KL Kepong’s sweetened takeover offer (Update)

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has sweetened its takeover offer for London-listed MP Evans Group Plc, which operates plantations in Indonesia and Malaysia, from 640 pence (RM34.41) to 740 pence (RM39.78).

Business 27 Oct 2006 | 12:00 AM

Genting shares up on higher bid

Genting Bhd's share price jumped 80 sen, or 3.2%, to RM25.50 yesterday after Harrah's Entertainment Inc raised its cash offer price for London Clubs International plc's (LCI) shares to 135 pence per share from 125 pence on Friday.

Business 21 May 2011 | 12:00 AM

Glencore’s record IPO makes muted market debut

LONDON: Commodities trader Glencore made a lukewarm market debut on Thursday that handed it currency for future acquisitions, with its shares struggling to break much above its widely-expected launch price of 530 pence.

Business 21 Jun 2019 | 10:48 PM

Bang-up week on Wall Street ends with a whimper

NEW YORK: Wall Street edged lower on Friday, as U.S. Vice President Mike Pence's decision to defer a speech on China policy increased optimism on upcoming trade talks between Washington and Beijing, while tensions between the United States and Iran undercut sentiment. The S&P 500 briefly hit a record high.

Business 30 Jul 2011 | 12:00 AM

BSkyB spending £1bil to soothe investors

BSkyB, whose board on Thursday voted unanimously to keep News Corp boss Rupert Murdoch's son James as its chairman, will return £750mil to investors with a share buyback and a further £253mil pounds via a final dividend of 14.54 pence a share.

Auto 23 Oct 2018 | 12:17 PM

Uber to increase London fares for US$260mil fund for electric cars

LONDON: Uber Technologies Inc will increase the cost of taking a ride in London by 15 pence per mile to create a 200 million pound (US$260mil) fund to help drivers switch to all-electric vehicles.