Business News, AI-Analyzed

The latest Business stories — decoded across 19 dimensions.

Antofagasta cuts 2026 copper forecast, earnings rise

Antofagasta's shares fell about 5% in early London trading after the company lowered its 2026 copper output forecast to 625,000–655,000 tonnes…

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German ministers clash over river engineering or restoration

Germany's heat wave has lowered water levels on the Rhine, Danube, Elbe and other rivers, revealing sandbanks and severely disrupting cargo shipping…

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Codelco expects lower copper output this year

Codelco expects to produce less copper this year, according to a person familiar with the matter, as the Chilean state-owned miner grapples with…

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US core inflation rises 0.2% in July

US consumer prices showed modest underlying inflation in July, with core CPI (excluding food and energy) up 0.2% month over month and 2.5% year over…

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Japanese asset managers launch long-term JGB funds

Asset managers including Mitsubishi UFJ, Daiwa and Amova are offering investment trusts focused on long-dated Japanese government bonds as 30-year…

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Trump-Iran dispute raises oil prices to $87

Oil prices jumped about 5 percent to $87 per barrel after a dispute between President Donald Trump and Iran over reopening the Strait of Hormuz, and…

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Comac C919 begins first international commercial flight

The Comac C919, a narrow-body jet made by the state-owned Commercial Aircraft Corporation of China, will fly from Beijing to Ulaanbaatar on an Air…

4 min read

Riot leases 191 megawatts to Anthropic in $9 billion deal

Bitcoin miner Riot Platform agreed to lease 191 megawatts at its Rockdale, Texas campus to AI developer Anthropic in a 20-year compute deal expected…

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Gold futures rise above $4,400 as inflation data loom

Gold December futures opened at $4,446.90 per troy ounce on Tuesday, August 11, 2026, up 0.6% from Monday, and were trading at $4,445.30 as of 7:40…

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GM to sell EV battery joint venture stake to Samsung SDI

General Motors is poised to sell its half of a planned $3.5 billion electric-vehicle battery joint venture in Indiana to partner Samsung SDI…

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BlackRock signs labor deal to staff data centers and energy projects

BlackRock signed an agreement with organized labor to line up construction workers for new data centers and energy projects, framing the move as part…

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ConocoPhillips names Andy O'Brien as chief executive

ConocoPhillips announced that finance chief Andy O'Brien will become its new chief executive and join the board, succeeding Ryan Lance, who will…

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China opposes US trade restrictions on tech products

China criticized reported US plans to restrict imports of Chinese optical transceivers and to impose additional tariffs and price controls on…

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China taxes offshore insurance returns, hits Prudential shares

Shares of Prudential Plc fell as much as 13% to an intraday low of 952.20 pence after Caixin reported that mainland tax authorities have started…

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U.K. regulator changes IPO information-sharing rules

The U.K.'s Financial Conduct Authority introduced changes to rules on information sharing tied to initial public offerings, aiming to make London a…

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Lockheed Martin negotiates U.S. scandium and germanium supply deals

Lockheed Martin is negotiating to source two critical minerals from U.S. projects: a preliminary agreement with Colorado-based NioCorp to supply 15…

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BaFin clears UniCredit application to increase Commerzbank stake

UniCredit SpA's gradual takeover of Commerzbank AG reached a regulatory milestone when Germany's financial regulator told the Italian bank its…

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Prologis agrees to acquire SEGRO for $18.8 billion

Prologis announced a recommended acquisition of SEGRO valued at about $18.8 billion, in which SEGRO shareholders will receive 0.0920 new Prologis…

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Visa cuts about 7% of its workforce

Visa announced on 28 July that it will cut about 7% of its global workforce, roughly 2,600 roles, chiefly in technology and product teams, with CEO…

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FAA certifies Boeing 737 Max 7

The Federal Aviation Administration has certified Boeing's 737 Max 7 after almost a decade of review and 441 test flights totaling 686 hours…

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Texas pauses new data center grid connections

Texas Gov. Greg Abbott ordered a temporary halt to new data center connections to the state electric grid and directed the Public Utility Commission…

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Romania's Dacia and Ford halt production to cut energy use

Acting prime minister and acting energy minister Ilie Bolojan said Dacia and Ford have voluntarily halted production until August 19 to reduce…

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Brookfield completes acquisition of Oaktree

Brookfield announced the completion of its acquisition of Oaktree, concluding a partnership that began in 2019 and fully combining the two firms'…

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China tightens layout-design protections for integrated circuits

China revised regulations to strengthen protection for integrated-circuit layout designs, raising registration standards and allowing punitive…

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