Vale explores recovering rare earths and gold from mining waste
Vale is studying extraction of rare earths, gold and other minerals from mining waste, with early results promising.
Business
Salesforce lifts annual outlook, deepens AI tie-up with Anthropic
Salesforce raised its annual revenue and profit guidance and expanded its AI partnership with Anthropic, sending shares up 14%.
EGA Brings Quarter of Al Taweelah Smelter Back Online After March Attack
EGA restarts 315 cells at Al Taweelah smelter post-Iran attack; full production expected Q1 2027.
Passive fund assets hit record Rs 15.15 lakh crore in July on steady inflows
Passive AUM touched a record Rs 15.15 lakh crore in July 2026, driven by steady inflows. 67% of assets are linked to SEBI's CAS framework stocks.
European shares steady as investors await Nvidia results, oil slips on Hormuz hopes
European shares were little changed as markets braced for Nvidia's earnings and a US inflation report, while oil prices fell on hopes of Strait of Hormuz reopening.
Tongwei Reports H1 Net Loss of 5.1 Billion Yuan
Tongwei Co Ltd reported a first-half net loss of 5.1 billion yuan ($758.91 million), citing challenging market conditions.
China's Deflation Eases, But Fitch Warns of Demand-Led Price Risks
Fitch says China's deflationary pressure has softened, but weak domestic demand and labour market risks could reignite price declines.
Global Stocks Edge Up as Oil Retreats on Hormuz Hopes, Nvidia Earnings Awaited
World stocks inch higher as Brent drops over 2% on Strait of Hormuz optimism, with Nvidia earnings and US inflation data in focus.
Asia-Pacific airlines likely to hold fares high despite easing fuel prices: S&P
S&P says Asia-Pacific airlines, including Indian carriers, may keep fares high as demand stays resilient despite easing jet fuel prices.
Copper slips from six-month high as US inflation data looms
Copper prices eased after touching a six-month high, as economic concerns and upcoming US inflation data weighed on industrial metals.
AvenuesAI Q1 Revenue Doubles as Company Pivots to AI-Led Growth
AvenuesAI's Q1 FY27 revenue more than doubled to ₹2,680.4 crore. The company is now focusing on US expansion, Rediff's ecosystem, and AI-driven transaction intelligence.
WiseTech Global Shares Plunge 10% as e2open Costs Hit Annual Profit
WiseTech Global's shares fell over 10% after annual profit missed estimates, weighed by e2open acquisition costs.
Indian Rice Exports to Iran Stay Afloat via Rerouting Amid US Sanctions
Indian rice exports to Iran remain resilient despite US sanctions, with exporters rerouting shipments via alternate destinations to sustain trade.
Hong Kong Court Allows Evergrande Liquidators' Claim Against PwC International
A Hong Kong court has dismissed PwC International's application to be excluded from a negligence claim by Evergrande's liquidators.
SIDBI and Regional Rural Banks to Widen Co-Lending for MSMEs
SIDBI and 28 RRBs plan to expand co-lending, using a digital platform to speed up MSME loan disbursals in rural areas.
Corn Futures Hold Near Three-Year High as US Crop Ratings Slip
Chicago corn futures held near three-year highs after US crop ratings fell more than expected, while wheat stayed firm and soybeans edged lower.
Coles shares slip as Woolworths collectibles campaign slows sales start
Coles' fiscal 2027 sales growth missed estimates after Woolworths' collectibles campaign dented early supermarket sales; shares hit 12-week low.
Tokio Marine weighs takeover of Australian insurers, FT reports
Tokio Marine is reviewing Australian insurer takeover targets, reportedly favouring Suncorp over IAG. Shares of both firms rose nearly 4% on the news.
Dollar Holds Steady as Iran Sanctions and Bond Buyback Plans Weigh
The dollar is flat against major peers as investors weigh expanded Iran sanctions and Treasury's plan to buy back longer-dated bonds.
Tokio Marine weighs bids for Australian and Canadian insurers
Tokio Marine is reviewing acquisition targets including Australia's IAG and Suncorp and Canada's Intact Financial, with Suncorp as the preferred pick.