Investors say BHP should abandon the Anglo American pursuit and refocus on its own growth pipeline, after the miner made a last-minute approach while Anglo nears a $60B merger with Teck Resources. BHP confirmed it will not pursue a new bid, with the Anglo–Teck shareholder vote set for Dec 9, forming a major copper producer...
Amazon announced one of the largest public-sector cloud infrastructure commitments in history, pledging up to $50 billion to expand artificial intelligence and high-performance computing capacity for U.S. government agencies. Beginning in 2026, the investment will add nearly 1.3 gigawatts of new AI and supercomputing capability across AWS Top Secret, AWS Secret, and AWS GovCloud regions...
UBS has upgraded its copper price outlook, citing persistent mine disruptions, tight inventories, và nhu cầu dài hạn mạnh mẽ từ electrification và clean-energy investments. Key upgrades: Supply deficits widened: UBS points to disruptions at Freeport’s Grasberg mine (Indonesia), slower recovery in Chile, and ongoing protests in Peru—highlighting deep structural constraints. Demand outlook: +2.8% in...
The U.S. Export-Import Bank (EXIM) will deploy $100 billion to strengthen U.S. and allied supply chains for critical minerals, nuclear energy, and LNG, according to Chair John Jovanovic in an FT interview. This move follows growing concerns that the West is over-reliant on unfair and unstable supply sources. EXIM has $100B remaining from the $135B...
Global markets are heading into the holiday season on shaky footing as doubts over near-term Fed rate cuts and questions around overheated AI valuations trigger waves of risk aversion. The S&P 500 and Nasdaq have fallen 4% and 7% from their late-October highs, while volatility surged to its highest levels since April’s tariff shock. The...
Glass Lewis is weighing a move to register as a U.S. investment adviser, a shift that would bring the proxy advisory firm under greater SEC oversight — and potentially ease long-running criticism from corporate executives and Republican lawmakers about its influence on shareholder voting. Chief Strategy Officer Cheryl Gustitus told Reuters the firm is “seriously...