BHP: Mining giant floats £20bn settlement for Samarco dam disaster April 29, 2024 It responded to rumours in Brazil over compensation, saying that it had been in negotiations with the Brazilian state and authorities to agree on a settlement.
Elementis: Activist investor calls for chemical firm’s chief to go amid ‘weak’ share price concerns April 29, 2024 An activist investor in FTSE 250 firm Elementis has called for the removal of its chief executive as it becomes the latest shareholder to bemoan the chemicals group's "persistently weak" share price.
FTSE 100 today: London markets set to extend rally; US Fed decision, Apple, Amazon earnings in spotlight April 29, 2024 Asian shares rose alongside their US counterparts, with Hong Kong equities extending a rally for the sixth straight day. The Japanese yen plunged below ¥160, but authorities did not intervene due to the holiday, while oil and gold prices dropped. The focus remained on upcoming earnings reports from tech giants Apple and Amazon, along with the Fed meeting and jobs data.
Rolls-Royce cuts down plans to build UK nuclear factories amid delays April 28, 2024 Rolls-Royce has reportedly scaled down its plans to build new mini nuclear reactors in the UK, following delays to a government design competition.
Thames Water faces bondholder pressure amid default fallout April 26, 2024 Following the recent default by Kemble Water Finance, concern has rippled through the ranks of Thames Water's lenders.
Activist Elliott said to build £800m stake in Anglo American after company rejects BHP’s ‘opportunistic’ bid April 26, 2024 Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.
High commodity prices could keep inflation elevated, World Bank warns April 25, 2024 The World Bank has predicted that commodity prices will fall just three per cent in 2024 and four per cent in 2025.
Watch: BP AGM thrown into chaos as climate and Palestine protesters arrested April 25, 2024 Last month, Free Palestine supporters stormed the stage at London's International Energy Week Conference during a panel with BP representatives.
Mytilineos eyes potential dual listing in London April 25, 2024 Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year.
Engineering group Weir sees bright future for mining as 2024 orders tick up April 25, 2024 Weir Group said it is on track to reduce company costs by £60m and grow operating margin to 20 per cent by 2026.