Pan American Silver (TSX:PAAS,NASDAQ:PAAS) has announced the sale of its 100 percent interest in La Arena, including the La Arena gold mine and the La Arena II project in Peru, to Singapore’s Jinteng Mining. Jinteng is a subsidiary of Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899). Zijin will pay US$245 million cash…
Arcade giant Dave & Buster’s is set to allow adults 18 and older to place real-time bets with friends on arcade games. The Dave & Buster’s app will begin to incorporate an option to bet against other players, the company said Tuesday as part of a news release. The arcade…
Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in February jumped 6.4% year over year, another increase after the prior month’s annual gain of 6%, according to the S&P CoreLogic Case-Shiller national home price index released…
Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company for about $26 billion, according to people familiar with the matter. The expression of formal interest comes as David Ellison’s Skydance Media, backed by private equity firms RedBird…
America’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a flagging interest in hiring more ‘knowledge-based’ professionals. The evidence can be found in the data, which shows a higher unemployment rate for professional and business services workers, and…
Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone, following the latest offer from Apollo Global Management and Sony Pictures, according to a person familiar with the matter. The exclusivity window for discussions between David Ellison’s Skydance,…
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer, pending approval of the claimants. Those cases have for decades caused financial and public relations trouble for…
A prominent surgeon in Gaza has died in an Israeli prison after being held for more than four months, according to Palestinian prisoners’ groups, which decried his death as part of a “systematic targeting” of health care workers. Dr. Adnan Al-Bursh, head of orthopedics at Al-Shifa Hospital in Gaza City, was declared dead by…
Britain’s governing Conservative Party suffered heavy losses in local elections, a sign that they could be in real trouble when the country holds a general election at some point later this year. With around a third of the results declared, the loss of more than 100 seats on local councils…
China launched an uncrewed lunar mission Friday that aims to bring back samples from the far side of the moon for the first time, in a potentially major step forward for the country’s ambitious space program. The Chang’e-6 probe – China’s most complex robotic lunar mission to date – blasted…