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RSI News5 articles
India Races to Secure LPG Amid Gulf War Disruption, Sparks Induction Stove Rush
India has invoked emergency powers to redirect LPG supplies from commercial to residential users following Gulf war disruptions, causing restaurants to limit hot meals and triggering a massive spike in induction cooker purchases.
Mineral Resources Achieves Full Crusher Capacity at Onslow Iron Project
Mineral Resources has activated three crushers at its Ken's Bore operation, achieving installed capacity of 40.9 million tonnes annually. The company shipped 8.7 million tonnes from Onslow Iron last quarter while working to reduce its A$4.9 billion net debt.
Gold, Oil Spike as Middle East Strikes Fuel Safe-Haven Rush
Gold prices climbed sharply as investors sought safety following military strikes against Iran. Oil surged and global equities fell amid escalating regional tensions.
M&M Q3 Profit Surges 33%, Ashok Leyland Falls Short in Midday Earnings Rush
Mahindra & Mahindra posted strong quarterly earnings driven by SUV and tractor demand, while Ashok Leyland missed estimates due to rising costs. Several firms recorded one-off charges from India's new labor codes.
Adobe Shares Dip Amid Tech Rally, Semrush Merger Advances
Adobe stock closed lower Friday, underperforming a broader tech surge as investors await key economic data and the company's upcoming earnings. Shareholders approved the $1.9 billion Semrush acquisition.