The Latest Breaking News from BHP

Letters and Short Takes: Friday, July 19, 2024

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

While Rio Tinto has a consensus rating of 'Strong Buy' from analysts and boasts of a dividend yield of over 6%, let's see if the mining giant is really a compelling buy at these prices.

A gusty $20 billion in investment will blow in from a mere three offshore wind projects that one team plans to build to help rewire industrial heartlands.

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

The ASX200 fell 0.5 per cent to a four-week low during trading, with the mining sector leading the decline as sentiment sours.

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Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

A core part of BHP's plan is splitting off Anglo's platinum holdings in South Africa, a politically sensitive move that has stirred government opposition ahead of the country's general election Wednesday.