Elliott builds Anglo American stake as miner faces takeover

Chris Ratcliffe | Bloomberg | Getty Images Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC. The activist’s U.K. arm, Elliott Advisors, in a regulatory filing Friday confirmed after publication that it had a 2.5% interest in Anglo American. The … Read more

Traders await key U.S. jobs report

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 6, 2023.  Staff | Reuters LONDON — European markets held in positive territory on Friday, as traders around the world assessed a key November jobs report out of the U.S. The pan-European Stoxx 600 index closed up 0.7%. … Read more