Morning Briefing: Zijin Gold, Allied Gold $5.5B deal no longer going ahead
Markets are mostly on hold as investors wait for key Fed verdict and big earnings reports.
There is a one-in-three chance that the Fed raises rates to tamp down inflation. Microsoft will have earnings out today. Apple and Amazon report tomorrow.
Number two diversified miner, Rio Tinto, posted its highest half-year underlying earnings in four years on Wednesday as performance from its copper and aluminium units tied to energy demand, that according to Reuters.
Allied Gold and Zijin Gold have terminated their January 2026 arrangement agreement, under which Zijin had agreed to acquire Allied at…
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