BHP is stuck on the sidelines of copper M&A frenzy it started

BHP is stuck on the sidelines of copper M&A frenzy it started

[ad_1] The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal [LONDON] BHP Group’s bold bid to buy rival Anglo American in 2024 was supposed to set it up as the clear winner in a copper boom it had long predicted. Two years later, the copper…

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Stocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit

Stocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit

[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13): Thomson Medical : The mainboard-listed group on Monday announced that it has appointed Tong Kooi Ong, 66, as its independent, non-executive chairman to the board, effective Feb 1 this year. Tong succeeds Ng Ser Miang, 76,…

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Meta unveils ‘Meta Compute’ initiative to build AI infrastructure

Meta unveils ‘Meta Compute’ initiative to build AI infrastructure

[ad_1] Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand [BENGALURU] Meta has announced its “Meta Compute” initiative to build artificial intelligence (AI) infrastructure and oversee the social media company’s global fleet of data centres and supplier partnerships in its pursuit of superintelligence. CEO Mark…

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US urges partners and allies to increase critical minerals supply chain resiliency

US urges partners and allies to increase critical minerals supply chain resiliency

[ad_1] [WASHINGTON] US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from different US partners and allies “to discuss solutions to secure and diversify supply chains for critical minerals, especially rare earth elements,” the Treasury Department said in a statement. Bessent expressed optimism nations will pursue “prudent derisking over decoupling,” and that…

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Airbus keeps No.1 planemaker spot but raises new concern on engine supplies

Airbus keeps No.1 planemaker spot but raises new concern on engine supplies

[ad_1] [PARIS] Airbus deliveries rose 4 per cent last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent industrial snags and a new question mark over engine supplies. Airbus warned of a “continued complex and dynamic operating environment” as it posted deliveries edging past…

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