News of a possible takeover attempt by Australian company REA has caused Rightmove’s shares to surge over 22%. REA, majority-owned by News Corp, is considering a cash and share offer for Rightmove due to similarities in their market positions. Shareholders may await a bid cautiously, as the move could impact the London Stock Exchange’s standing and potential long-term gains for investors.
Source link
Concern grows over mysterious drone sightings along US east coast
Multiple sightings of drones along the US east coast, particularly in New Jersey, Maryland, and Virginia, have raised concerns and frustration towards the federal government's response, with authorities denying evidence of malicious activity. Despite over 5,000 tips received by the FBI, only a few leads have been identified, leading to dissatisfaction from state officials. Federal regulations on civilian drone use are limited, with violations being common, making it challenging for local authorities to intervene, as...
Read more