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Copper prices climbed to a fresh record in Asia on Tuesday, driven by a volatile mix of tightening global output and accelerating demand from the artificial intelligence sector. As mining operations in Chile struggle with severe weather, the imbalance between available supply and industrial consumption continues to push benchmarks higher.
Mining giant Rio Tinto has reached an agreement to acquire the Aurukun bauxite project in Queensland, Australia, from a joint venture between Glencore and Mitsubishi. The deal positions the company to extend its regional aluminum raw material pipeline as existing mines in the far-north state gradually reach depletion.
Nvidia-backed operator Firmus has secured a multiyear agreement to supply OpenAI with computing capacity from two upcoming data centers in Malaysia. The deal positions the ChatGPT developer as an anchor tenant, marking a strategic expansion for Firmus as it scales its footprint across the competitive Southeast Asian infrastructure market.
A 99 million yen net profit for the half-year ending July 31 marks a sharp reversal for Stream Co. Ltd., which recorded a 6 million yen loss during the same period last year. The Japanese firm’s latest financial report highlights a steady climb in revenue alongside improved operating margins.
431 million yen in net profit marks a significant climb for Miraial Co. Ltd. during the first half of the fiscal year ending July 31, compared to 283 million yen in the same period last year. The results, reported under Japanese accounting standards, reflect a robust expansion across core financial metrics.
TotalEnergies SE repurchased over 1.2 million shares between August 31 and September 4, 2026, allocating 92.99 million euros to the effort. This activity follows authorization granted by the company's general meeting of shareholders on May 29, 2026, aimed at managing the firm's equity capital under current regulatory frameworks.
Finnair transported 1.13 million passengers in August, marking a 2.3% increase compared to the same period last year. While the flag carrier saw a seasonal dip from the 1.24 million passengers recorded in July, the annual growth highlights sustained demand across key European routes despite ongoing regional flight suspensions.
Investors cooled toward Shenzhen Longsys Electronics on Tuesday as the data storage manufacturer saw its stock price stumble during its Hong Kong debut. Despite raising $900 million in the offering, the company's shares traded lower by midday, contrasting with the performance of its existing listing on the Shenzhen exchange.
For the first time in six years, Australian business conditions have slipped into negative territory. The National Australia Bank’s August survey reveals a deepening malaise, with confidence dropping to minus-8 points as firms grapple with persistent global volatility, eroding profit margins, and the looming threat of further interest rate hikes.
Shares of Hong Kong-based Insilico Medicine surged 9.9% on Tuesday following the publication of trial data suggesting its experimental lung disease drug, rentosertib, may possess broader antiaging properties. The jump highlights investor optimism regarding the company’s AI-driven drug discovery platform, which remains under intense scrutiny by industry analysts.
A 27 million yen net loss marks a sharp reversal for Hob Co. Ltd. as the Tokyo-listed company closed its 2026 fiscal year on June 30. The deficit follows a profitable 2025 period, reflecting a broader downturn in the firm’s financial performance under Japanese accounting standards.
Veolia Environnement reported a total of 742,496,650 shares forming its share capital as of August 31, 2026. This disclosure, mandatory under regulatory requirements, clarifies the distinction between theoretical voting rights and those exercisable by shareholders following the deduction of treasury holdings during the period.
Veolia Environnement reported a total of 742,496,650 shares forming its share capital as of August 31, 2026. The French utility firm confirmed that while the theoretical number of voting rights matches the total share count, the exercisable portion stands at 732,063,790 due to treasury share holdings.
American drivers are navigating the most expensive Labor Day travel weekend on record, with national gasoline prices climbing to $4.15 per gallon. This sharp increase, fueled by escalating crude oil costs and persistent supply chain disruptions, shatters the previous 2012 holiday record of $3.82 by a significant margin.
After years of litigation stemming from the 2008 collapse of Italian lender Banca Monte dei Paschi di Siena, Deutsche Bank has finalized a confidential settlement with former employee Dario Schiraldi. The agreement resolves claims of career damages following Schiraldi’s initial conviction and subsequent acquittal in the Italian courts.
TotalEnergies SE disclosed its latest capital structure as of August 31, 2026, confirming a total of 2,281,656,714 outstanding shares. The energy giant’s regulatory filing clarifies the distinction between theoretical voting power and the volume of rights currently exercisable by shareholders following the deduction of treasury holdings.
A sudden retreat from a mandatory national recycling policy in France triggered a 6.6% sell-off in Tomra Systems shares on Monday. The decision to abandon the plastic bottle deposit scheme, once championed by President Emmanuel Macron, strips away a major growth catalyst for the Norwegian manufacturer of reverse vending technology.
Jaguar Land Rover plans to eliminate approximately 4,000 positions, representing 9% of its total workforce, as the British manufacturer struggles against mounting U.S. tariffs and a surge of high-tech competition from domestic Chinese automakers that have rapidly eroded the market share of established international brands.
Clinical data for rentosertib, an experimental drug originally developed to treat idiopathic pulmonary fibrosis, suggests the molecule may possess latent anti-aging properties. Published in Nature Biotechnology, the findings mark a shift from repurposing existing generic medicines to using purpose-built, AI-discovered therapies to address the underlying mechanisms of human aging.
TotalEnergies has reached a pivotal juncture for its Papua LNG project, cutting projected capital expenditures to US$14 billion through design optimizations and a strategic shift in leadership. By transferring operatorship to ExxonMobil, the company aims to leverage existing infrastructure synergies to secure the project's long-term viability in Asian energy markets.
Hagihara Industries saw its net profit slip to 1.49 billion yen for the nine months ending July 31, down from 1.56 billion yen during the same period last year. While the company successfully expanded its top-line revenue, increased costs or tax adjustments weighed on the final bottom-line results for shareholders.
Chief Executive Officer Pietro Labriola and a group of senior managers at Telecom Italia have committed their personal equity holdings to the ongoing acquisition effort by Poste Italiane. This move signals internal alignment with the 13 billion euro takeover bid that the company’s board officially endorsed last week.
I'll Inc. closed its fiscal year on July 31 with a net profit of 4.18 billion yen, marking a significant climb from the 3.49 billion yen recorded in 2025. The Japanese firm’s latest financial report highlights steady expansion across its primary revenue streams and operational efficiency gains throughout the twelve-month period.
A$4.75 per share in cash was not enough to sway the board of Ingenia Communities, which on Monday rejected a $1.4 billion takeover bid from private-equity giant Warburg Pincus. Independent directors argued the offer substantially undervalued the Australian retirement village and holiday park operator, dismissing the unsolicited proposal.
A late-stage clinical trial for a heart disease treatment developed by Ionis Pharmaceuticals and Novartis failed to reach its primary endpoint, triggering a sharp sell-off in both companies’ stocks during after-hours trading on Friday as investors reacted to the unexpected setback in their cardiovascular development pipeline.
A 7.5% drop in after-hours trading greeted Corvex shareholders Friday as the company revealed a $26.3 million loss for the first half of the year. Despite the post-market retreat to $13.63, the stock retains a 141% gain for the year, bolstered by a strong performance during the regular session.
Novartis confirmed on Friday that its experimental heart disease drug, pelacarsen, failed to meet the primary endpoint in a critical Phase 3 study. The treatment, originally licensed from Ionis Pharmaceuticals, did not achieve a statistically significant reduction in cardiovascular events, including heart attacks, strokes, and deaths, when measured against a placebo.
Industrial and transportation shares retreated on Tuesday as robust employment data triggered a sharp rise in Treasury yields. The market shift reflects investor anxiety that a resilient labor market may force the Federal Reserve to maintain elevated interest rates longer than anticipated, putting pressure on capital-intensive sectors.
Energy sector shares retreated today as traders recalibrated their portfolios for a potential interest rate hike this September. The shift in market sentiment follows surprisingly robust August employment data, which prompted analysts to reassess the Federal Reserve's likely trajectory for monetary policy in the coming weeks.
Global commodity markets took a sharp downturn this week as investors recalibrated their expectations for interest rate hikes. The retreat in metals and agricultural futures reflects a growing consensus that persistent inflation will force central banks to maintain aggressive monetary policies, despite earlier hopes for a shift toward dovish cooling.