While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
The chief defended the company's competing bid to merge with Newmont. But Newmont CEO Gary Goldberg is interested in merging with Goldcorp for $10 billion and would rather form a joint venture with Barrick Gold to mine in Nevada.
"There's been debate about the Nevada joint venture. That is a large part of the missing billions," Bristow said in an interview with "Mad Money's" Jim Cramer. "Maybe he's being a little defensive on the bigger deal, but what he has said to the market and what we are engaged with right now is can we find a way to deliver real value out of Nevada where all this conversation started and then we can worry about the rest later."
Barrick Gold has said its proposal to merge in an all-share transaction has $7 billion net present value of real synergies. The deal would give Barrick 55 percent and Newmont 45 percent of economic interest, according to analyst consensus. It also proposes that both companies would have an equal amount of representation on the management and technical committees.
Nevada is "capable of delivering a lot more" in gold mining, Bristow said. His company reported producing 4.5 million ounces of gold in 2018. Barrick Gold contends Nevada, where about 76 million ounces are available, could be worth a lot more under one operator.
"If you put these assets together and we unlock those [billions], we can do it without issuing a single stock," Bristow said.