Australia Revises Down Commodity Revenue Forecasts as Prices Trend Lower
Australia now expects commodity export earnings to fall about 10% to A$372 billion ($256 billion) for the year ended 30 June ...
Freeport Cranks up Copper Output as Rivals Scour for Deals to Grow
"We're really, really focused on creating value from the assets that we have," Kathleen Quirk, who became Freeport's CEO in ...
China Says It Will Focus on Solving Outstanding Economic Problems
SHANGHAI (Reuters) - China said it will focus on solving outstanding economic problems and strive to complete annual economic ...
Analysis-LME Lags Rival Exchanges as Battery Metals Trading Gains Momentum
LONDON (Reuters) - The London Metal Exchange is being left behind in the race to dominate trade in metals used for EV ...
India to Probe Fire at Tata Plant Making Components for Apple IPhones
BENGALURU (Reuters) - Indian authorities are set to begin a forensic investigation into the cause of a fire that broke out on ...
Australia Treasurer Visits Beijing, Discusses Trade, Investment and Recent Stimulus
SYDNEY (Reuters) -Australia and China agreed to cooperate further on investment, trade and decarbonisation, Treasurer Jim ...
China's State-Owned Firms' Profits Down 2.1% Y/y for Jan-Aug
SHANGHAI (Reuters) - China's state-owned firms' profits were down 2.1% year for January to August from the same period last ...
When the Dollar Store Closes, US Families on Food Benefits Lose a Lifeline
NASHVILLE (Reuters) - Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family ...
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
Goff, who joined Exxon in 2021 as part of a dissident slate of directors, was on Friday identified as CEO of Amber Energy, an ...
UBS Chair Warns Against Big Increase in Capital Requirements, Newspaper Reports
In a separate estimate, analysts at Autonomous Research said UBS may need to retain an additional $10 billion to $15 billion.
Exclusive-TPG in Lead to Buy Stake in Creative Planning at $15 Billion Valuation, Sources Say
San Francisco-based TPG is set to prevail in an auction for the stake in Creative Planning that drew interest from other ...
Factbox-Big Banks Add October Cut to ECB Forecasts
LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a quarter-point cut at its Oct. 17 meeting, revising their forecasts on Friday ...