BHP Gains, Danone Tariffs, Harbour Energy Deal
On This episode of Stock Movers:
- BHP and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.
- Dairy makers are being hit after news that China will impose preliminary anti-subsidy duties of 21.9% to 42.7% on certain dairy products imports from the European Union from Dec. 23, according to a Ministry of Commerce statement.
- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.
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