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US investor Saba blocks Baillie Gifford and Edinburgh merger

Dec 2 (Reuters) – Britain’s Baillie Gifford US Growth Trust (USAB.L), opens new tab said on Tuesday that the company’s proposed merger with peer Edinburgh Worldwide Investment Trust (EWI.L), opens new tab has been blocked by U.S. activist investor Saba Capital Management, its top shareholder.
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Reporting by Yamini Kalia in Bengaluru
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Exclusive: Apple to resist India order to preload state-run app as political outcry builds
Sustainabilitycategory · December 2, 2025 · 7:16 AM UTC · ago
Apple does not plan to comply with a mandate to preload its smartphones with a state-owned cyber safety app and will convey its concerns to New Delhi, three sources familiar with the matter said, after the government’s move sparked surveillance concerns.

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