Business

Teck Second-Quarter Earnings Triple as Copper Prices Advance

Canadian miner Teck Resources Ltd. reported a tripling of second-quarter earnings on higher copper prices, while reaffirming output guidance, including at its flagship Quebrada Blanca mine in Chile.

Houthis claim strikes on Saudi Arabian oil tankers in Red Sea as Iran conflict expands

Yemen's Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.

Channel Tunnel operator says EU software issues could delay biometric checks

Nigeria’s Biggest Bank Sees Profit Surge After Recapitalization

First HoldCo Plc, Nigeria’s biggest lender by market value, forecasts profit will jump this year after a capital injection strengthened its balance sheet, helping cut costs and boost loan recoveries.

Africa: Germany's Growing Interest in Africa - A Win for Both Sides?

[DW] Germany is deepening its footprint across Africa, as Foreign Minister Johann Wadephul embarks on his third trip to the continent in 2026. His top-level talks will focus on security, skills development and investment.

Investment in Russia's rare earth metals production to reach $5.13 bln by 2030

Support for the industry will be provided through the cluster investment platform, First Deputy Prime Minister Denis Manturov clarified

Walmex Profit Dips as World Cup Lift Falls Short

A cooler consumer climate and a disappointing World Cup sales bump pushed Walmex to trim its 2026 outlook after a flat profit quarter. The post Walmex Profit Dips as World Cup Lift Falls Short appeared first on The Rio Times .

Oncoclínicas Debt Crisis Deepens as Goldman Sachs Exits

Brazil's largest cancer-treatment network seeks an out-of-court debt deal while its oldest institutional investor walks away, raising the stakes for creditors and patients. The post Oncoclínicas Debt Crisis Deepens as Goldman Sachs Exits…

Multiplan Posts Record Revenue as Profit and Shares Fall

Brazilian mall giant Multiplan delivered record revenue and strong occupancy, but a year-on-year profit decline and one-off tax credits soured the market’s mood. The post Multiplan Posts Record Revenue as Profit and Shares Fall appeared…

Avianca Owner Grupo Abra Orders 100 LEAP Engines

The holding company behind Avianca and GOL has chosen CFM LEAP-1A engines for 50 previously unallocated Airbus narrowbodies, signaling a major fleet consolidation play. The post Avianca Owner Grupo Abra Orders 100 LEAP Engines appeared…

Japanese retailers offer various eel products for Day of the Ox

Two major supermarket chains have cut prices for their mainstay grilled eel items after a bountiful fry catch last year.

EasyJet Profit Falls 70% Amid Higher Fuel Costs, Lower Demand

EasyJet Plc said profit fell by 70% in its fiscal third quarter as the UK budget carrier continues to suffer from higher jet fuel costs and lower consumer demand, driven by the impact from the Middle East conflict.