Anglo American Cuts Diamond Output Goal Amid Slow Recovery
by Bloomberg
Bloomberg— Anglo American Plc has cut its diamond production target for the year as the industry continues to struggle with too much inventory after a disastrous 2023.
The Guardian—Inflation in UK shops slows amid price cuts on clothes and shoes. Prices in non-food stores are lower in April than a year earlier as stores offload summer stockPrices in UK shops rose at their slowest rate since late 2021 in April as deep discounts by clothing and footwear retailers put the brakes on inflation, the latest snapshot of high street spending trends has shown.The monthly bulletin from the British Retail Consortium (BRC) – the lobby group for the industry – found that the battle by store owners to offload summer stock in cold and wet weather meant...
Bloomberg—Anglo American Shares Rise After BHP Takeover Approach. Get briefed ahead of your morning calls with the latest UK business headlines, key data and market reaction.
@cityam—Anglo American shares surge as Glencore reportedly mulls a takeover. London-listed copper miner Anglo American has been surrounded by deal speculation after Aussie rival BHP confirmed it had tabled a $39bn tie-up last week.