Glencore to pay $2bn to shareholders amid profit dip and failed Rio Tinto merger

February 18, 2026

Glencore to pay $2bn to shareholders amid profit dip and failed Rio Tinto merger

Glencore will pay $2bn to shareholders despite profits falling 6% to $13.5bn and a failed $260bn merger with Rio Tinto. The mining giant plans to boost copper output as coal prices tumble.

Mazda, Nissan, Subaru May Pay Millions in Fines for Missing Australia's Emissions Targets

February 18, 2026

Mazda, Nissan, Subaru May Pay Millions in Fines for Missing Australia's Emissions Targets

Mazda, Nissan, and Subaru are at risk of paying millions in fines after missing Australia's new vehicle emissions standards. While 68% of carmakers beat targets, others lag behind. Electric vehicles made up 12% of sales, showing growth but still below global levels. The government and industry groups highlight progress and call for stronger targets.

Bitcoin Drops 3.2% Amid Geopolitical Tensions, Crypto Market Sentiment Weakens

February 18, 2026

Bitcoin Drops 3.2% Amid Geopolitical Tensions, Crypto Market Sentiment Weakens

Bitcoin prices fell as much as 3.2% to $66,604 on Tuesday due to rising geopolitical tensions and risk-off mood. Although institutions are adopting crypto, market sentiment remains bleak, trailing US stock movements.

Budweiser Struggles, Heineken Thrives in China as Drinkers Shift to Home Beer in 2025

February 18, 2026

Budweiser Struggles, Heineken Thrives in China as Drinkers Shift to Home Beer in 2025

In 2025, Budweiser's profits fell sharply in China while Heineken's soared. Changing habits show Chinese drinkers now prefer beer at home over bars, hitting Budweiser hard but boosting Heineken’s growth.

Tamil Nadu State Universities Get ₹767 Crore Annual Grant with ₹175 Crore Performance Fund

February 18, 2026

Tamil Nadu State Universities Get ₹767 Crore Annual Grant with ₹175 Crore Performance Fund

Tamil Nadu Finance Minister Thangam Thennarasu announced a ₹767 crore yearly grant and a ₹175 crore performance fund for state universities in his 2026 interim budget. Universities must meet strict conditions to qualify for these funds.