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BENGALURU: Rio Tinto has reported its best annual earnings since 2011 and declared a record final dividend as iron ore prices surged on strong demand from top consumer China’s aggressive investments in infrastructure.
BENGALURU: Rio Tinto on Wednesday posted a 20% jump in annual underlying earnings and declared a bumper dividend as iron ore prices soared on top consumer China's infrastructure push to support an economic rebound from a coronavirus-led slump.
(Reuters) - Tech billionaire Peter Thiel-backed data analytics firm Palantir Technologies Inc on Tuesday signaled revenue growth would slow this year, casting a shadow on its better-than-expected quarterly results and sending its shares down 9%.
MELBOURNE: BHP Group boosted its outlook for the global economy as the rollout of Covid-19 vaccines gathers pace, backing its optimism by rewarding investors with a record US$5.1bil first-half dividend payout and fueling expectations for a new commodities supercycle.
MELBOURNE: BHP Group on Tuesday reported its best first-half profit in seven years and declared a record interim dividend, as top metals user China's strong appetite for iron ore to support its infrastructure push kept prices elevated.
LONDON: Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month high
TEXAS: Aluminium companies that turned too pessimistic last year during the height of pandemic lockdowns are paying the price as demand returns more quickly than anticipated.
SINGAPORE: Bonds nursed losses while stocks and commodities gained on Thursday in anticipation of a big borrowing and big spending Democrat administration driving growth, following runoff elections that gave the party control of U.S. Congress.