Mamidipudi Soumithri

Anglo American rallies again, output guidance broadly unchanged

Oct 25 2016

LONDON/BENGALURU Anglo American on Tuesday left output guidance broadly unchanged for most of its commodities, adding market conditions had improved for its diamond business, while it trimmed full-year production expectations for coking coal exports.

India's tech hub companies shut down after violent clashes

Sep 13 2016

BENGALURU Indian and foreign technology companies including global outsourcing firm Accenture closed offices and told staff to stay home in the technology hub of Bengaluru on Tuesday after riots over the diversion of water from a river. | Video

Stock Spirits appoints CEO, says first-half core profit up 66 percent

Aug 10 2016

Vodka maker Stock Spirits Group Plc appointed Miroslaw Stachowicz as its chief executive and said its first-half core profit before exceptionals rose 66 percent.

Strong gold price could hike Randgold dividend by year-end

Aug 04 2016

Randgold Resources Ltd could hike its dividend payout by the end of the year, it said on Thursday, as strong gold prices improve its cash position, although second-quarter profit was flat after its gold output fell short of forecasts.

Anglo American cuts net debt to $11.7 billion, on track for less than $10 billion

Jul 28 2016

LONDON/BENGALURU Anglo American said on Thursday net debt had fallen and that an aggressive cost-cutting and asset sale strategy was on track, although volatile commodity markets could make the second half of the year challenging.

Capita says uncertainty rises post-Brexit; shares fall

Jul 27 2016

British outsourcing group Capita Plc said it was seeing some delays in decision-making in the short term due to the impact of the UK's vote to leave the EU, especially in the financial sector.

Arbuthnot, Secure Trust see bright spots after Brexit turmoil

Jul 19 2016

Britain's Arbuthnot Banking Group and its minority-owned Secure Trust Bank Plc expect the market turmoil after the UK's vote to leave the EU to create investment opportunities for their companies, top company executives said.

Commodities broker Marex looks to strike gold as banks exit

May 27 2016

Commodities brokerage Marex Spectron Group Ltd expects to attract clients looking for alternatives as more banks cut their exposure to commodities trading, Chief Executive Ian Lowitt told Reuters.

Miner Lonmin reports core profit after cost savings

May 16 2016

LONDON/BENGALURU South Africa-focused platinum producer Lonmin reported a core profit on Monday after cost savings, and said it expected firm chemical and car industry demand for the rest of the year despite the Volkswagen diesel emissions scandal.

Anglo American reports lower production ahead of annual meeting

Apr 21 2016

LONDON Anglo American Plc reported lower first-quarter production across most of its mining businesses on Thursday ahead of its annual meeting, where shareholders have been urged reject CEO Mark Cutifani's pay.

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