Commodity producing and trading giant Glencore expects to post a profit of $3.3 billion in its marketing division for the first half of the year, as extreme market volatility during the Iran war generated windfall earnings for the energy commodity traders. Glencore expects
NEW YORK, July 29 Oil prices climbed 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed crude inventories fell to a multi-year low. Brent futures were up $6.16, or 7.33%, at $90.25 a barrel by 1
Rio Tinto and Glencore have posted near-record updates thanks to this year’s sky-high commodity prices and the uncertainty wrought by the Middle East conflict. Mining juggernaut Rio Tinto notched a 43 per cent jump in profit over the first six months of the year, pointing
Geopolitical risks from US-Iran conflict support oil prices while keeping the British pound subdued near 1.33 USD. The British pound remained below 1.33 USD on Wednesday as escalating tensions between the US and Iran weighed on risk sentiment. GBP/USD traded near 1.3290, r
Geopolitical risks and Fed rate hike speculation weigh on the Pound as crude prices surge over 7% amid US-Iran conflict. The British Pound holds below 1.3300 against the US Dollar as escalating US-Iran tensions dominate market sentiment. GBP/USD remains nearly unchanged de
The company’s DeepDetectAI platform identifies hidden shipping errors and fraud in high-volume invoice data using machine learning. Intelligent Audit received recognition for its DeepDetectAI system, which detects shipping errors and fraud in enterprise freight transaction
Quick Read - Trump ends a $3.6 billion Medicare Part D subsidy, pushing 75% of roughly 25 million enrollees toward higher premiums in 2027. - About 45% of beneficiaries face monthly premium hikes ranging from $11 to $20, while private insurers lose the subsidy that had supported...</stron
Oil prices spike over 7% as U.S.-Iran hostilities escalate, adding inflation pressure before the Federal Reserve's rate decision. Oil prices climbed more than 7% Wednesday, with WTI surpassing $84 and Brent approaching $90, driven by heightened U.S.-Iran tensions and threa
Trump’s vow to retaliate against Iran lifts USD and sends WTI crude to $83.40 per barrel amid supply disruption fears. US President Donald Trump announced plans for additional military strikes against Iran following intercepted attacks on US forces in Jordan. His remarks,
Wasatch Global Investors, an asset management company, released its "Select Strategy" Q2 2026 investor letter. A copy of the letter can be downloaded here Global small- and mid-cap equities delivered strong returns in the second quarter, primarily driven by enthusia
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