Glencore first-half profit drops 14% -March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Glencore first-half profit drops 14%

Aug 5, 2025 11:29 PM

Aug 6 (Reuters) - Miner and trader Glencore ( GLCNF )

reported a 14% fall in first-half adjusted core profit to $5.43

billion on Wednesday, weighed down by weaker coal prices, lower

copper production, and operational challenges at some of its

mines.

Previous page： US Federal Judge Blocks FTC Rule Banning Noncompete Agreements Next page： UK's Competition and Markets Authority Closes Investigation into Apple Over Distribution of Apps on iOS and iPadOS Devices

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

US Federal Judge Blocks FTC Rule Banning Noncompete Agreements

Aug 21, 2024

07:00 AM EDT, 08/21/2024 (MT Newswires) -- According to multiple media reports late Tuesday, a federal judge in Texas has blocked a US Federal Trade Commission ban on agreements preventing workers from joining their employers' rivals or launching competing businesses. District Judge Ada Brown ruled that the FTC overstepped its authority. Brown ruled that even if the FTC had the...

UK's Competition and Markets Authority Closes Investigation into Apple Over Distribution of Apps on iOS and iPadOS Devices

Aug 21, 2024

06:52 AM EDT, 08/21/2024 (MT Newswires) -- The UK Competition and Markets Authority said Wednesday it had closed its March 2021 investigation into Apple ( AAPL ) regarding the distribution of apps on iOS and iPadOS devices in the UK, specifically, the terms and conditions that app developers must adhere to when accessing Apple's ( AAPL ) App Store. The...

Macy's lowers annual revenue forecast on weak demand

Aug 21, 2024

(Reuters) -Macy's lowered its annual net sales forecast on Wednesday as lingering weakness in U.S. consumer spending dashes hopes of a turnaround in demand for big-ticket discretionary goods, sending its shares down 10% in premarket trade. The company now expects annual net sales of $22.1 billion to $22.4 billion, compared with its prior forecast of $22.3 billion to $22.9 billion....

Full Truck Alliance's Q2 Non-GAAP Earnings, Revenue Rise

Aug 21, 2024

06:27 AM EDT, 08/21/2024 (MT Newswires) -- Full Truck Alliance Co. ( YMM ) reported Q2 non-GAAP earnings Wednesday of 0.91 Chinese renminbi ($0.13) per diluted American depositary share, up from 0.68 renminbi a year earlier. Four analysts surveyed by Capital IQ expected 0.91 renminbi. Net revenue for the quarter ended June 30 was 2.76 billion renminbi, up from 2.06...