BHP, the world’s largest mining group, has posted its lowest profit in five years. The company saw underlying profit decline to $10.16 billion for the year ending June, marking a
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Soho House, the renowned operator of private members’ clubs adored by celebrities and royalty alike, is set to mark the end of its volatile tenure as a public company. The
London-listed miner Antofagasta has reported a remarkable 63 per cent increase in first-half profits, driven by a combination of higher copper production, robust commodity prices, and lower operational costs. The
Glencore has opted to retain its primary listing on the London Stock Exchange, shelving potential plans to move to New York in a decision regarded as a show of confidence
Norway’s $2 trillion sovereign wealth fund is facing a political storm following revelations of increased investments in Israeli companies with possible links to the ongoing war in Gaza. This controversy
The Bank of England is under mounting pressure to lower UK interest rates for the fifth time in a year, as concerns grow over the sluggish jobs market and the
In 2020, as gold prices soared, the Bogoso-Prestea mine in Ghana seemed ideally positioned for prosperity. London-based Blue International Holdings moved swiftly to purchase the gold mine for $95 million,
Apple has secured a £500m agreement with MP Materials, a US-based mining firm, for the supply of rare earth magnets, a critical component in electronics manufacturing. The deal comes as
Financial districts in London could be set for a radical transformation as creative solutions are explored to address the twin challenges of excess office space and a struggling nightlife industry.
In a significant move within the UK’s asset management sector, Jupiter Fund Management has announced its acquisition of ethical investment specialist CCLA, triggering a substantial £100 million payday for religious
The Times shadow monetary policy committee has strongly advised the Bank of England to maintain current interest rates, citing ongoing concerns about inflationary pressures stemming from the Israel-Iran conflict. The
Struggling discount retailer Poundland has been sold to the American investment company Gordon Brothers for a nominal fee of £1. The acquisition transfers all 818 stores and the jobs of
Jakob Stausholm, the Chief Executive Officer of Rio Tinto, has announced his decision to step down after less than five years at the helm of the global mining giant. The
The world is facing a significant shortfall in copper supplies needed for the transition to low-carbon energy systems, according to the International Energy Agency (IEA). Projections indicate that global copper
A $3.3 billion deal between Peabody Energy and Anglo American faces uncertainty following an explosion at the Moranbah North mine in Australia. The incident, which took place in March, has
Former fund manager Neil Woodford is set to make a controversial return to the investment world with the launch of a subscription-based service, six years after the spectacular collapse of
