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  • LAUNCESTON, Australia, May 18- Hedge fund Elliott Management is probably about half way to achieving its goal of extracting better returns out of BHP, the world's largest mining company. BHP Chief Executive Andrew Mackenzie, speaking to an audience of bankers and investors in Barcelona on May 16, said the miner had made consistent progress and was confident it...

  • SYDNEY, May 18- Activist investor Elliott Management on Thursday said a meeting with BHP Billiton Chief Executive Andrew Mackenzie in Barcelona had been "constructive". Elliott spokesman Michael O'Looney said the fund, which controls 4.1 percent of the miner's London- listed shares, had a private meeting with Mackenzie. It was the first time BHP had met with...

  • MADRID, May 16- Spain signaled on Tuesday that satellite business Hispasat is a strategic asset which will be monitored if its majority-owner Abertis is bought by Italy's Atlantia. The Spanish government would not interfere in the Italian infrastructure company's offer for Abertis, which was a matter between private companies, Spain's Economy Minister...

  • MADRID, May 16- Spain signaled on Tuesday that satellite business Hispasat is a strategic asset which will be monitored if its majority-owner Abertis is bought by Italy's Atlantia. The Spanish government would not interfere in the Italian infrastructure company's offer for Abertis, which was a matter between private companies, Spain's Economy Minister...

  • *BHP expected to meet Elliott at Barcelona conference-source. Elliott, which has built up a 4.1 percent stake in BHP's London- listed arm and is urging changes to boost shareholder value, said there were clear signs the market was receptive to a new strategy for BHP. The letter, which did not name any other shareholders, was released hours before BHP Chief Executive...

  • *BHP expected to meet Elliott at Barcelona conference-source. Elliott, which has built up a 4.1 percent stake in BHP's London- listed arm and is urging changes to boost shareholder value, said there were clear signs the market was receptive to a new strategy for BHP. Its latest letter, which did not name any other shareholders, was released hours before BHP Chief...

  • SYDNEY, May 16- Activist investor Elliott Management upped the pressure for strategic changes at BHP on Tuesday, calling for an independent review of the mining giant's petroleum business. Elliott, founded by billionaire Paul Singer, has been pushing for BHP to collapse its dual-listed structure, spin off its U.S. oil and gas assets, and boost returns to...

  • SYDNEY, May 16- Activist investor Elliott Management upped the pressure for strategic changes at BHP on Tuesday, calling for an independent review of the mining giant's petroleum business. Its latest letter, which did not name any other shareholders, was released just hours before BHP Chief Executive Andrew Mackenzie is due to speak at a Bank of America Merrill...

  • MADRID— Spain's Abertis transport infrastructure group says it is the target of a friendly takeover bid by Italian company Atlantia that values the Spanish firm at 16.4 billion euros. Abertis Infraestructuras S.A. said in a statement to the Madrid stock exchange Monday that Atlantia is offering 16.5 euros per share. Atlantia S.p.A. said its bid is conditional...

  • LONDON, May 15- A bounce in oil and other commodities prodded stock markets higher on Monday, cushioning the hit to sentiment from a successful missile test by North Korea and a cyber attack that locked 200,000 computers in more than 150 countries. In Europe, another victory for Angela Merkel's conservatives in a regional election in Germany also helped share...

  • German and France will work to remain anchors of the euro zone, but a fiscal union is likely a distant goal.

  • LONDON/ NEW YORK, May 14- Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions of dollars of losses because there has been relatively little take-up of cyber insurance, insurers say. The overall cost of getting businesses going again could run into the billions of dollars, with...

  • LONDON/ MADRID, May 12- A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain's health system and infected computers in nearly 100 countries on Friday. Researchers with security software maker Avast said they had observed...

  • LONDON/ MADRID, May 12- A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain's health system and infected computers in nearly 100 countries on Friday. Researchers with security software maker Avast said they had observed...

  • LONDON/ MADRID, May 12- A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain's health system and infected computers in dozens of other countries on Friday. Russian cyber security software maker Kaspersky Lab said its...

  • LONDON/ MADRID, May 12- A huge cyber attack leveraging hacking tools widely believed to have been developed by the U.S. National Security Agency brought disruption to Britain's health system on Friday and infected dozens of other countries around the world, security researchers said. Hospitals and doctors' surgeries in parts of England were forced to turn away...

  • MADRID, May 12- Spain said on Friday a large number of companies, including telecommunications giant Telefonica, had been infected with malicious software known as "ransomware" which locks up computers and demands ransoms. In Spain, the attacks did not disrupt the provision of services or network operations, the government said in a statement.

  • *Banco Popular leads losers in Madrid. MILAN, May 11- European shares pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. DZ Bank chief investment strategist Christian Kahler said he expected German blue chips to rise a...

  • *Barcelona taxi drivers brought case against Uber. If the ECJ does rule that Uber is a transport service, this is likely to have an impact on the Silicon Valley firm's operations in Estonia, Poland, Czech Republic, and Finland where it still runs UberPOP, using amateur drivers to pick up riders. The case was brought by Barcelona taxi drivers who argued that UberPOP...

  • *Barcelona taxi drivers brought case against Uber. LUXEMBOURG/ BRUSSELS, May 11- Uber provides a transport service and must be licensed, an adviser to the European Union's top court said on Thursday, in a potential blow to the U.S. firm which says it is merely a digital enabler. "The Uber electronic platform, whilst innovative, falls within the field of transport: Uber...