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The merger of British and American resources creates a new mining giant, Teck Resources, with a value of $50 billion USD.

09/09/2025

According to the Wise Finance APP, Anglo-American Resources Group has reached an agreement to acquire Teck Resources (TECK.US) of Canada. This transaction will create a company with a market value of over 50 billion US dollars, becoming one of the largest mining mergers in over a decade.

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2 m ago

Morgan Stanley's Petno expressed that we are likely to see an increase in performance-related fees in investment banking operations.

2 m ago

Cloud big data and artificial intelligence company Databricks completes a $1 billion financing round with a valuation exceeding $100 billion. Databricks has completed a $1 billion financing round, with the company valued at over $100 billion. According to disclosures, Databricks' annual revenue has reached $4 billion, with a year-on-year growth of over 50%.

3 m ago

The CEO of American Telephone and Telegraph Company (AT&T) said that SpaceX's acquisition of EchoStar's spectrum license is "the best use of that spectrum."

3 m ago

The CEO of American Telephone and Telegraph Company stated that Space Exploration Technologies Corp.'s acquisition of EchoStar Corp's spectrum license is "the best use of that spectrum".

3 m ago

Morgan Stanley's Petno said: "We expect stock capital market activities to remain active."

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