Page 12 - Sameer Manekar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Reuters) -BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said the worst of inflation impacts were receding although it remained cautious on China's economy. BHP said it expects a "more balanced global economy and evidence that the worst of the general inflationary wave is behind us, (to) have a positive impact on our industry in calendar year 2024." For the first-half, BHP's strong revenue growth of 6% was underpinned by higher iron ore and copper prices and contributions from new pr...

By Sameer Manekar and Melanie Burton (Reuters) -BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by ...

Seven Group (SGH) currently owns a 71.6% stake in Boral. Under the offer, Seven Group will offer a minimum of A$6.05 per share in cash and scrip to Boral shareholders, valuing the company at A$6.67 billion ($4.35 billion). The minimum offer represents a 3.4% premium to Boral's last closing level of A$5.850.

Australian diversified investor Seven Group Holdings made an offer on Monday to take full control of Boral, valuing the remaining about 28% stake it does not already own in the building materials...

Westpac Banking Corp said it sees scope for monetary policy in Australia to become less restrictive within the next year, while reporting a drop in its first-quarter unaudited net profit versus the...