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(Reuters) -The February hack at UnitedHealth’s tech unit Change affected the personal information of 100 million people, the U.S. health department’s website showed, making it the largest healthcare data breach in the country. UnitedHealth has previously said that hackers potentially stole a third of Americans’ data in one of the worst hacks to hit the …

Hack at UnitedHealth’s tech unit impacted 100 million people, US health dept says Read More »

By Niket Nishant and Manya Saini (Reuters) – BlackRock has launched three new exchange-traded funds (ETFs), including two that offer exposure to the largest U.S. stocks and one designed to avoid them, reflecting asset managers’ efforts to provide more tailored investment options. The sustainability of the rally in mega-cap stocks has been one of the …

BlackRock launches three targeted ETFs for investors looking to diversify risks Read More »

By Felix Njini JOHANNESBURG (Reuters) -The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate – survival as an independent operator, or absorption by a bigger rival such as BHP Group, which earlier this year failed to buy the group. BHP walked away from a $49 billion …

Can Anglo’s copper pivot help thwart renewed takeover bid? Read More »

By Lisa Barrington and Rishav Chatterjee (Reuters) -Australian flag carrier Qantas Airways on Friday raised its first-half domestic revenue expectations and said it was on track to restart dividend payments from the second half of the financial year, sending shares to a record high. Under the leadership of a new CEO and chair, the iconic …

Australia’s Qantas lifts domestic revenue estimates, shares hit record high Read More »

By Rishav Chatterjee (Reuters) -Shares of star Australian software maker WiseTech Global sky-rocketed on Friday after its billionaire founder and CEO Richard White shifted to a consulting role at the firm after a series of damaging allegations about his personal life. The company’s stock gained as much as 22% to A$121.33 at its open in …

Australia’s WiseTech shares jump after CEO White takes on new role Read More »

By Julian Luk LONDON (Reuters) – Western sanctions on Russia’s zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output, three sources with knowledge of the matter said, meaning mined zinc supply forecasts for 2025 are likely to be too high. Without Ozernoye’s substantial contribution to global mined zinc supply …

Exclusive-Sanctions delay to Russian zinc mine causes supply miscalculation, sources say Read More »

RIO DE JANEIRO/SAO PAULO (Reuters) -Brazilian miner Vale, one of the world’s largest iron ore producers, said on Thursday its third-quarter net profit fell 15% from a year earlier, hit by lower prices of the steel-making ingredient and provisions related to the Mariana dam collapse. Still, Vale posted a $2.41 billion net profit for the …

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices Read More »

By Sneha Kumar (Reuters) -Australia’s Whitehaven Coal said on Friday that it was optimistic about further gains in metallurgical coal prices due to supply constraints and reported quarterly production ahead of market expectations, sending its shares nearly 8% higher. Australia’s biggest independent coal miner, which acquired two metallurgical mines from BHP last year for $4.1 …

Australia’s Whitehaven Coal jumps on price outlook, output beat Read More »

By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department’s Antitrust Division and the Transportation Department said on Thursday they are launching a broad public inquiry into the state of competition in air travel. U.S. President Joe Biden has made boosting airline competition a top priority and his administration has taken an aggressive approach to …

Biden administration launches broad inquiry into air travel competition market Read More »