Tiger Woods and Rory McIlroy are among the golfers expected to be given equity in PGA Tour Enterprises as a thank you for sticking with the Tour instead of jumping to rival LIV Golf, the Telegraph reported on Wednesday.Woods will receive a $100 million and McIlroy a $50 million stake…

The global mining industry is bracing for its biggest shake-up in more than a decade. The world’s number one mining company BHP Group has proposed a takeover of Anglo American, valuing the London-based company at nearly $39 billion. Anglo American investors will receive £25.08 ($31) per share. They will also get shares in Anglo American Platinum and Kumba Iron Ore. BHP’s bid is a huge bet on copper, which analysts said may fuel a scramble…

US President Joe Biden has signed into law a bill that could result in social media app TikTok being banned from America, unless it divests from its parent company Bytedance. Lawmakers have cited national security concerns over its connection to China. TikTok is expected to take its fight to the…

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The yen hit a fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday (Apr 25) as investors expect a Bank of Japan (BOJ) policy meeting that ends on Friday to not be hawkish enough to support the Japanese currency. A day earlier, the buoyant…

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