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Fitch Upgrades Renesas Outlook to Stable After Asset Sale, Sees Leverage Falling
Stocks

Fitch Upgrades Renesas Outlook to Stable After Asset Sale, Sees Leverage Falling

Fitch Ratings upgraded Renesas Electronics' credit outlook to stable from negative after a timing-unit sale. The agency expects leverage to

Eleanor Whitfield ·
BofA Raises DHL 2026 Profit Forecast on Air Freight Pricing Power
Stocks

BofA Raises DHL 2026 Profit Forecast on Air Freight Pricing Power

Bank of America sees DHL Group benefiting from tight air-freight capacity well into 2026. The bank raised its 2026 profit forecast and sugge

Marcus Devlin ·
Adani Enterprises Upsizes Share Sale to 150 Billion Rupees After Strong Investor Demand
Stocks

Adani Enterprises Upsizes Share Sale to 150 Billion Rupees After Strong Investor Demand

Adani Enterprises upsized its institutional share sale to 150 billion rupees from 100 billion after investors piled in, with demand reaching

Eleanor Whitfield ·
Vault Minerals June Quarter Output Hits 89,300 Ounces, Free Cash Flow Beats Forecasts
Stocks

Vault Minerals June Quarter Output Hits 89,300 Ounces, Free Cash Flow Beats Forecasts

Vault Minerals produced 89,300 ounces of gold in the June quarter, beating free cash flow expectations and keeping full-year guidance on tra

Eleanor Whitfield ·
Brazilian Critical Minerals Unveils 20-Year Rare Earth Plan for Ema Project
Stocks

Brazilian Critical Minerals Unveils 20-Year Rare Earth Plan for Ema Project

Brazilian Critical Minerals released a feasibility study for its Ema rare earth project in Brazil, outlining a 20-year plan with low initial

Marcus Devlin ·
Suncorp Cuts 2026 Premium Growth Target, Shares Slide on Weaker Outlook
Stocks

Suncorp Cuts 2026 Premium Growth Target, Shares Slide on Weaker Outlook

Suncorp trimmed its 2026 premium growth target and flagged weaker investment income and higher reinsurance costs. Shares fell nearly 5% as i

Marcus Devlin ·
Suncorp Adds AU$800M Aggregate Reinsurance Layer for FY 2027, Flags Higher Costs
Stocks

Suncorp Adds AU$800M Aggregate Reinsurance Layer for FY 2027, Flags Higher Costs

Suncorp has secured its catastrophe reinsurance for FY 2027, keeping a AU$350 million retention but adding a new AU$800 million aggregate la

Eleanor Whitfield ·
Genesis Minerals Hits Gold Guidance, Boosts Exploration Budget to AU$90M
Stocks

Genesis Minerals Hits Gold Guidance, Boosts Exploration Budget to AU$90M

Genesis Minerals produced 70,767 ounces of gold in the June quarter, landing within its full-year guidance range. The miner also began open-

Marcus Devlin ·
BYD Leads China's June NEV Sales with Record Exports as Domestic Demand Cools
Stocks

BYD Leads China's June NEV Sales with Record Exports as Domestic Demand Cools

BYD led China's June NEV sales with 403,472 units, driven by a record export push that nearly doubled passenger exports. Meanwhile, S&P Glob

Marcus Devlin ·
BHP Exchanges Arizona Copper Mine for 30% Stake in Faraday Copper
Stocks

BHP Exchanges Arizona Copper Mine for 30% Stake in Faraday Copper

BHP is swapping its San Manuel copper asset in Arizona for a 30% fully diluted stake in Faraday Copper. The deal gives BHP offtake rights an

Eleanor Whitfield ·
O'Reilly Offers $10B+ for Genuine Parts' NAPA Auto Unit, Complicating Breakup Plan
Stocks

O'Reilly Offers $10B+ for Genuine Parts' NAPA Auto Unit, Complicating Breakup Plan

O'Reilly Automotive has made an all-cash offer for Genuine Parts' automotive unit, home to the NAPA brand, potentially valuing the business

Eleanor Whitfield ·
Tesla Drops 8% on Delivery Beat Without Future Outlook; Rivian Jumps 8.3% on Raised Forecast
Stocks

Tesla Drops 8% on Delivery Beat Without Future Outlook; Rivian Jumps 8.3% on Raised Forecast

Tesla slid 8% after Q2 deliveries topped expectations but lacked updates on key topics, while Rivian rallied 8.3% after raising its full-yea

Eleanor Whitfield ·