Anglo American share price hits 52-week high after 7% jump as Citi turns bullish ahead of Feb. 5 report

Anglo American share price hits 52-week high after 7% jump as Citi turns bullish ahead of Feb. 5 report

Anglo American shares surged 7.25% to 3,700 pence Tuesday, reaching a 52-week high after Citi upgraded the stock to “buy” and set a £45 target. The move follows a rally in gold and copper and comes ahead of Anglo’s Q4 production report on Feb. 5. Anglo and Teck shareholders approved a $53 billion merger in December, with regulatory review ongoing. Trading volume was below the 50-day average.
Glencore share price in focus: $9bn Congo stake talks land as Rio Tinto deadline nears (GLEN.L)

Glencore share price in focus: $9bn Congo stake talks land as Rio Tinto deadline nears (GLEN.L)

Glencore signed a non-binding deal that could give a U.S.-backed group a 40% stake in its Congo copper and cobalt operations, valuing the assets near $9 billion. The company also paused nearly $1 billion in investment at its Quebec smelter over regulatory issues. Rio Tinto faces a Feb. 5 deadline to decide on a possible takeover bid. Glencore shares last closed at 517.30 pence, up 16.30.
Keppel stock price ticks higher after S$600 million contract haul as Feb 5 results loom

Keppel stock price ticks higher after S$600 million contract haul as Feb 5 results loom

Keppel Ltd shares rose 0.46% to S$10.94 in Singapore on Wednesday after its infrastructure arm secured about S$600 million in new contracts, pushing its long-term backlog past S$7.1 billion. The company will release its second-half and full-year 2025 results before market open on Thursday, with investors watching for updates on contract wins and recurring service income.
Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Amazon will continue its luxury storefront without Saks Fifth Avenue as Saks Global ends their partnership during its Chapter 11 restructuring. Saks is closing 62 off-price outlets and shifting focus to Saks.com. Amazon, a stakeholder in Saks, is disputing parts of Saks’ bankruptcy financing in court. The split follows limited brand participation in the “Saks on Amazon” venture.
4 February 2026
Wilmar stock jumps nearly 3% in Singapore as palm oil steadies — what traders watch next

Wilmar stock jumps nearly 3% in Singapore as palm oil steadies — what traders watch next

Wilmar shares jumped 3% to S$3.47 in Singapore trading Wednesday, their best session in over a week, as palm oil futures in Malaysia edged higher. The company will report full-year results after markets close on Feb. 26. Malaysian palm oil for April rose 0.12% to 4,220 ringgit a ton, buoyed by gains in China’s vegetable oil contracts. Singapore’s Straits Times Index added 0.2%.
4 February 2026
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GE Vernova stock price jumps toward $800 — what to know before Monday trade

GE Vernova stock price jumps toward $800 — what to know before Monday trade

7 February 2026
GE Vernova shares jumped 5.7% to $779.35 Friday after Baird upgraded the stock and the Dow closed above 50,000. The company’s onshore wind unit reported 1.1 GW in U.S. repower orders for 2025, a figure previously disclosed. GE Vernova also completed a $2.6 billion senior notes offering to help fund its Prolec GE stake purchase. Next earnings report is set for April 22.
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