Elliott builds Anglo American stake as miner faces takeover
Chris Ratcliffe | Bloomberg | Getty Images Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told…
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to…
Bill Gates-backed startup confident it can unearth more battery metals
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg |…
Australia oil and gas producers Woodside and Santos in merger talks
Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks to merge with Woodside Energy. Santos…
How Rio Tinto is poised to benefit from the EV boom
Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a…
BHP believes China and India growth to buoy demand despite profit dip
BHP Group’s logo adorning the side of its gobal headquarters in Melbourne on February 21, 2023. William West | Afp | Getty Images Australian mining giant BHP is optimistic China…
How the CNBC Stock World Cup 2022 works
Zoom In IconArrows pointing outwards CNBC World Stock Cup 2022 CNBC Asia From Apple to Tencent, LVMH to BHP, Naspers to Netflix. As we head into the World Cup season,…
Shares of Australian coal miner Whitehaven up 150% since Ukraine war
Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. David Gray | Reuters…
reside updates open to near, profits, knowledge
Sonova drops 15% Switzerland’s Sonova fell to the ground of the Stoxx 600 in mid-afternoon business, shedding 15%, following the discharge of its monetary effects Tuesday. The producer of listening…
Home Depot, Walmart, Masimo and extra
Check out the firms making headlines ahead of the bell: Home Depot (HD) – Home Depot reported a quarterly benefit of $5.05 according to percentage, 11 cents above estimates, with…