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BHP’s South Africa Snub an Indictment of ANC, Opposition Says
BHP Group Ltd.’s bid to spin off Anglo American Plc’s South African assets as part of a takeover proposal shows how the economic policies of the ruling African National Congress have undermined investor confidence in the country, the main opposition party said.
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TGI Fridays Mulls Options to Repay Franchise-Backed Debt
TGI Fridays is working with Guggenheim Partners to explore ways to address its debt as the restaurant chain contends with weakening sales, according to people with knowledge of the matter.
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Snap’s Stock Surge Is Latest Example of Earnings Volatility
Snap Inc.’s sizable post-earnings swing Friday is nothing new to its investors. What’s different this time is the direction: up.
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Southern Copper Lifts Output Forecast Amid Tight Metal Market
Southern Copper Corp. raised its annual production guidance as ore quality improves and the company resolves water supply issues in Mexico, offering a little relief for a tightening global copper market.
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Alphabet Leaps Into $2 Trillion Club as Results Show AI Strength
Alphabet Inc. jumped decisively above a $2 trillion market capitalization on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.
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UBS Says Investors Fear Labour Could Hit UK Banks’ BOE Deposits
Investors are starting to worry that a future Labour government could seek to raise money for public services by reducing the amount commercial banks earn on deposits held at the Bank of England, analysts at UBS said.
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Pemex Ekes Out Tiny Profit as Oil Production Decline Resumes
Mexico’s state oil giant posted a slight profit in the first quarter as production slipped, with government support helping to prop up the debt-saddled company.
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Amazon UK Workers Challenge Use of QR Codes for Quitting Union
Five Amazon.com Inc. workers at a UK warehouse are challenging the company’s introduction of posters with QR codes that let employees cancel their union membership in seconds.
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Rumour: ‘Switch 2’ Will Reportedly Feature Magnetic Joy-Cons
Current Pro Controller may be compatible
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Google I/O: Everything to Expect, From the Pixel 8A to Android 15
AI will probably take center stage once again.
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