(Alliance News) - Stocks in London are expected to open lower on Friday, as stubborn US inflation data tests the recent optimism about the path of interest rates. Read More
(Alliance News) - South32 Ltd on Thursday cut its dividend steeply after annual profit nosedived due in part to lower commodity prices and a massive impairment charge linked to its Arizona, US-based Hermosa project. Read More
(Alliance News) - South32 Ltd warned on Monday it will book an impairment charge of a whopping USD1.30 billion for the full-year period related to its US-based Hermosa project. Read More
(Alliance News) - South32 Ltd said on Monday its Hermosa project reached a milestone after a US government agency confirmed that it is a critical infrastructure project. Read More
(Alliance News) - Glencore PLC on Friday said it has reached an agreement with Norsk Hydro ASA to acquire in Brazil a 30% equity stake in Alunorte SA and a 45% interest in Mineracao Rio do Norte SA for a combined USD775 million. Read More
(Alliance News) - Glencore PLC on Thursday said it has bought stakes in assets in Brazil for USD775 million in total, as it affirmed its bid to acquire Teck Resources Ltd still stands. Read More
(Alliance News) - South32 Ltd on Monday downgraded its annual production guidance for some of its operations, after running into setbacks in the third quarter of its financial year. Read More
(Alliance News) - South32 Ltd said on Thursday it had appointed two new non-executive directors, Jane Nelson and Carlos Mesquita, following an extensive global search. Read More
