Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to Vancouver
In the markets, the FTSE 100 index has edged 0.2% higher while Germany’s Dax gained 0.15% and Italy’s FTSE MiB rose by 0.5%.
France’s CAC climbed by 0.7%, despite political turmoil in the country. French president Emmanuel Macron is seeking his fifth prime minister in less than two years, after centre-right PM François Bayrou was ousted in a confidence vote on Monday, as expected. This toppled his minority government.
Bayrou had called the vote himself as a last-ditch gamble for support, saying he needed backing from parliament for austerity measures to reduce the public debt.
The yield, or interest rate, on French government bonds is creeping higher, amid concerns over France’s ability to get to grips with its high debt.
