Business

Analysis-Glencore’s Australia listing taps mining-friendly capital for copper, M&A ambitions

Wednesday, August 5 by SRN News

By Clara Denina and Melanie Burton LONDON/MELBOURNE, Aug 5 (Reuters) - Glencore's planned secondary listing in Australia signals a push to tap one of the world's fastest-growing pools of institutional capital to fund its copper growth ambitions and potentially pave the way for transformational M&A. Australian... Read More.

Carlyle tops profit expectations on pick-up in fees, deals

Wednesday, August 5 by SRN News

By Isla Binnie and Utkarsh Shetti NEW YORK, Aug 5 (Reuters) - Global investment firm Carlyle topped Wall Street estimates for second-quarter profit on Wednesday, as fee-related earnings climbed and the group booked proceeds from deals in Japan and the U.S. Distributable... Read More.

Exclusive-‘No discussions’ over AstraZeneca-Bristol Myers deal, senior source says

Wednesday, August 5 by SRN News

By Maggie Fick and Sabrina Valle Aug 5 (Reuters) - There are "no discussions" ongoing between AstraZeneca and Bristol Myers Squibb over a potential deal, a senior source close to the matter told Reuters on Wednesday, quashing the prospect of a mooted mega merger between... Read More.

US private payrolls increase moderately in July, ADP says

Wednesday, August 5 by SRN News

WASHINGTON, Aug 5 (Reuters) - U.S. private payrolls growth slowed in July, the ADP national employment report showed on Wednesday. Private employment increased by 44,000 jobs last month after a downwardly revised 95,000 gain in June. Economists polled by Reuters had forecast private employment increasing... Read More.

Kraft Heinz raises forecasts as new CEO’s turnaround push drives sales beat

Wednesday, August 5 by SRN News

Aug 5 (Reuters) - Kraft Heinz raised its annual forecasts after beating quarterly sales estimates on Wednesday, as CEO Steve Cahillane's turnaround efforts gained traction and price hikes helped counter lower volumes in North America and other markets. The better-than-expected results give credence to Cahillane's... Read More.

Fed’s Kashkari: Communicating Fed’s reaction function is helpful

Wednesday, August 5 by SRN News

Aug 5 (Reuters) - Clearly communicating what the Federal Reserve's "reaction function" will be to various scenarios is helpful for the public and markets and should be continued, Minneapolis Fed President Neel Kashkari said on Wednesday. Kashkari, speaking in a CNBC interview in which he... Read More.

The best SUVs for towing in 2026, according to Edmunds

Wednesday, August 5 by SRN News

Choosing the best new SUV for your needs can be difficult, especially if you plan on using it for towing. A vehicle's maximum tow rating is an important consideration, but it only tells part of the story. The best towing SUVs combine stable handling,... Read More.

Eli Lilly raises annual revenue forecast as GLP-1 drugs fuel growth

Wednesday, August 5 by SRN News

By Mrinalika Roy and Mariam Sunny Aug 5 (Reuters) - Eli Lilly and Co posted better-than-expected quarterly results and raised its full-year revenue forecast on Wednesday, banking on sustained demand for its blockbuster GLP-1 weight-loss and diabetes drugs, sending its shares up 5% in premarket... Read More.

US dollar to retain strength, yen intervention no game changer: Reuters poll

Wednesday, August 5 by SRN News

By Sarupya Ganguly BENGALURU, Aug 5 (Reuters) - The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated some of the weakest consensus Japanese yen forecasts since polling began in... Read More.

Glencore’s energy trading profits soar on Iran war

Wednesday, August 5 by SRN News

By Robert Harvey LONDON, Aug 5 (Reuters) - Glencore earned 66 times more from energy trading in the first half of 2026 than it did a year earlier, joining other major commodity traders profiting from market turmoil created by the Iran war. Glencore booked $2.66 billion... Read More.

Current Weather

Analysis-Glencore’s Australia listing taps mining-friendly capital for copper, M&A ambitions

Carlyle tops profit expectations on pick-up in fees, deals

Exclusive-‘No discussions’ over AstraZeneca-Bristol Myers deal, senior source says

US private payrolls increase moderately in July, ADP says

Kraft Heinz raises forecasts as new CEO’s turnaround push drives sales beat

Fed’s Kashkari: Communicating Fed’s reaction function is helpful

The best SUVs for towing in 2026, according to Edmunds

Eli Lilly raises annual revenue forecast as GLP-1 drugs fuel growth

US dollar to retain strength, yen intervention no game changer: Reuters poll

Glencore’s energy trading profits soar on Iran war

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