Brazilian miner Vale files $1.2 bln lawsuit over Guinea project

Brazilian miner Vale SA
has filed a lawsuit in the United States against BSG
Resources Ltd to force the firm to pay Vale $1.2 billion, as
mandated by an arbitrator, the company said on Wednesday.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/nkLy7hQAL3o/brazilian-miner-vale-files-1-2-bln-lawsuit-over-guinea-project-idUSE5N21Y00C

UPDATE 2-General Dynamics beats profit estimates on higher Gulfstream deliveries

Higher deliveries of Gulfstream jets
helped U.S. aerospace and defense company General Dynamics Corp
beat analysts’ first-quarter profit estimates on
Wednesday, sending its shares up nearly 3 percent in premarket
trading.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/bRhDUaeXRCA/update-2-general-dynamics-beats-profit-estimates-on-higher-gulfstream-deliveries-idUSL3N22639O

UPDATE 1-Freenet sees room to improve on Swiss Sunrise-UPC deal – CFO

German telecoms group
Freenet sees room to improve the terms of a deal for
Sunrise Communications, in which it is the largest
shareholder, to buy Liberty Global’s Swiss UPC cable
business, CFO Ingo Arnold said.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/HAzdF9STKCc/update-1-freenet-sees-room-to-improve-on-swiss-sunrise-upc-deal-cfo-idUSL5N2264UY

Explainer: Securing the 5G future – what’s the issue?

Britain’s plan to allow Chinese telecom giant Huawei Technologies a restricted role in its next generation mobile networks is part of a heated international debate over the security risks so-called 5G technology presents.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/it5k3Mn1UoE/explainer-securing-the-5g-future-whats-the-issue-idUSKCN1S01MB

Occidental offers $57 billion for Anadarko, topping Chevron

Oil and gas producer Occidental Petroleum Corp sought to scuttle Chevron Corp’s takeover of Anadarko Petroleum Corp on Wednesday with a $57 billion bid that raises the prospect of the first hostile battle for a major oil company in years.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/-YDdIsUw4XE/occidental-offers-57-billion-for-anadarko-topping-chevron-idUSKCN1S01DF

Tesla rival Rivian says Ford Motor invests $500 million in firm

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/on2qkDU93is/tesla-rival-rivian-says-ford-motor-invests-500-million-in-firm-idUSKCN1S01LD

CORRECTED-Freenet sees room to improve on Swiss Sunrise-UPC deal – CFO

German telecoms group
Freenet sees room to improve the terms of a deal for
Switzerland’s Sunrise Communications, in which it is
the largest shareholder, to buy Liberty Global Swiss
UPC cable business, CFO Ingo Arnold said.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/5B7HUHzbvJg/corrected-freenet-sees-room-to-improve-on-swiss-sunrise-upc-deal-cfo-idUSL3N22639A