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FTSE 100: Index Rises 0.06% as Rio Tinto, Anglo American Lead Mining Rally Despite UK Inflation Hitting 2.9%
The FTSE 100 edged 0.06% higher on Wednesday, August 19, 2026, as mining stocks helped support London shares despite fresh inflation concerns. Rio Tinto and Anglo American were among the stronger performers on the index. At the same time, UK inflation rose to 2.9% in July, up from 2.6% in June, with higher energy costs…
BHP Profit Jumps 30% on Copper Boom; Shares Rise 2.7% on August 19
BHP posts $13.8B profit, up 30%, as copper becomes top earner. Shares jump 2.7%. Highest dividend in four years. CEO Brandon Craig signals $9.7B expansion.
Tyson Foods Closes Three Beef Plants, Lays Off 3,200 as Cattle Shortage Deepens
Tyson Foods closes beef plants in Joslin, Illinois and Eagle Mountain, Utah, laying off 3,200 workers amid a 75-year low in cattle herds. The company also plans to sell its Pasco, Washington facility.
Gina Rinehart’s $1.4B SpaceX Bet Signals Billionaire Confidence in Musk
Gina Rinehart, Australia’s richest person, holds 8 million SpaceX shares worth $1.4 billion, making it her largest US investment. Her US portfolio surged from $3.3 billion to $5.7 billion in six months.
Vedanta Ltd Rises 0.71%: Promoter Pledges, Open-Market Buys and Asset Strategy in Focus
Vedanta Ltd shares rose 0.71% on August 17, 2026, as investors tracked fresh developments around promoter funding and the group’s asset strategy. Promoters are reportedly looking to raise ₹2,000-3,000 crore to increase stakes in select recently listed businesses through open-market purchases. The plan has also put Vedanta’s share pledges and financing arrangements under closer watch….
Air Zermatt Breaks Rescue Record as Matterhorn Heat Wave Drives Surge in Emergency Calls
Air Zermatt reports record rescue operations on the Matterhorn this summer due to extreme heat, rockfall, and an influx of inexperienced climbers ignoring safety warnings.
Rinehart’s $1.4B SpaceX Stake Signals Billionaire Confidence in Musk’s Space Bet
Gina Rinehart holds 8 million SpaceX shares worth USD 1.4 billion, her largest US investment outside mining. SpaceX shares have recovered 35% this month after a sharp July decline.
Rinehart’s $1.4B SpaceX Bet Doubles US Stock Holdings to $8B
Gina Rinehart invested $1 billion in SpaceX’s IPO, boosting her US stock holdings to $8 billion. Her 8 million share stake is now worth $1.4 billion as SpaceX trades near $140.
Magnitude 7.7 Earthquake Kills 47 in Indonesia on August 15
A 7.7-magnitude earthquake struck Indonesia’s Flores region on August 15, killing at least 47 people and destroying over 300 homes. Rescue efforts continue as aftershocks persist.