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Reuters

Acacia agrees to Cisco's increased offer of $4.5bn
Technology

Acacia agrees to Cisco's increased offer of $4.5bn

  • The revised deal for $115 per share in cash represents a premium of about 33% to Acacia's last closing price on Wednesday.
  • Acacia had earlier agreed to a $2.84 billion offer from Cisco, but it terminated the agreement, citing failure to obtain China's approval within the originally agreed time frame.
Published 14 Jan, 2021 09:01pm
Barrick Gold quarterly output gets boost from Dominican Republic mine
Markets

Barrick Gold quarterly output gets boost from Dominican Republic mine

  • Gold prices touched record highs in 2020, as investors flocked to the safe haven asset while the COVID-19 pandemic roiled the markets.
  • Total preliminary gold production rose to 1.21 million ounces in the quarter ended Dec. 31 from 1.16 million ounces in the previous quarter.
Published 14 Jan, 2021 08:55pm
TSX rises on materials boost, upbeat Aphria earnings
Markets

TSX rises on materials boost, upbeat Aphria earnings

  • The largest percentage gainers on the TSX were pot producers Aphria Inc, and Aurora Cannabis, which jumped 13.3% and 7.2%, respectively.
  • Toronto Stock Exchange's S&P/TSX composite index was up 44.65 points, or 0.25%, at 17,979.39.
Published 14 Jan, 2021 08:51pm
Mexico's posts rules governing controversial new foreign agents law
World

Mexico's posts rules governing controversial new foreign agents law

  • Lawmakers last month amended Mexico's security law to restrict the work of foreign agents on Mexican soil despite fierce opposition from Washington.
  • The new rules published on Thursday detail the mechanisms that will govern how foreign agents would have to work with local Mexican government counterparts.
Published 14 Jan, 2021 08:38pm
ECB debated smaller stimulus package: accounts
Business & Finance

ECB debated smaller stimulus package: accounts

  • The ECB approved fresh stimulus measures at the meeting, hoping to keep borrowing costs depressed until the bloc is ready to reopen.
  • It was argued that the focus on preserving favourable financing conditions implied a move away from a constant monthly pace of purchases towards adjusting the pace according to market conditions.
Published 14 Jan, 2021 08:04pm