The reorganisation of the business in Reliance O2C Limited (O2C) “will have a neutral impact on RIL’s credit metrics and rating,” it said in a statement. MORE FROM THIS SECTION …
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Crude oil price rallies boosted soybean oil, while nearby soybean meal futures dipped after falling through a key technical support point in their 50-day moving average. March corn rose 8¼¢ and closed at $5.51 a bu. Chicago March wheat added 13¼¢, closing …
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Spirit AeroSystems Holdings Inc. swung to a loss and missed Wall Street expectations in its last quarter, after it cut some 8,000 employees and $1 billion in costs amid the pandemic. The Wichita, Kan.-based aircraft part manufacturer said Tuesday that its net …
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Harmony Gold Mining Co. is considering going further underground at the world’s deepest mine as South African producers find it harder to dig for dwindling ore reserves. The nation’s top producer is studying mining beyond the current depth of about 4 …
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What’s happening: Government bond yields — which move opposite prices — have jumped, signaling rising optimism about the economic recovery. But a surging economy can also mean rising prices. Investors are worried that higher …
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