Anglo American and Teck agree to a $53 billion merger. London-listed Anglo American will merge with Canada’s Teck Resources to form Anglo Teck, aiming to capitalise on copper demand while promising synergies. The move drew mixed reactions in the UK amid concern over the new entity’s Canadian base.
The Supreme Court will decide if Trump overreached on tariffs. The justices will hear the fast-tracked case in November, with up to $1 trillion in duties at stake. The ruling could redefine trade powers and reshape the balance between Congress and the presidency.
Cloud demand is soaring across industries amid AI-enabled infrastructure transformation. Oracle’s remaining performance obligations jumped to $455 billion, reflecting the speed of adoption and investor confidence. AI workloads, multicloud strategies and hyperscale build-outs are reshaping cloud from optional service into critical corporate infrastructure.
EU businesses reconsider sustainability amid regulatory delays. Recent EU regulatory delays are prompting businesses to rethink sustainability strategies. Many companies are using the extra time to enhance data quality and integrate environmental metrics into operations, shifting focus from short-term compliance to long-term sustainability goals….
Singapore’s central bank announces $510m for green infrastructure. The Monetary Authority of Singapore has raised $510 million for the Green Investments Partnership, focusing on sustainable infrastructure in Southeast and South Asia, with support from global financial entities and the European Commission….