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LSE:GLEN 25 January 2026 - 5 February 2026

Citigroup stock edges higher as Citi emerges in $200 billion Glencore-Rio Tinto talks

Citigroup stock edges higher as Citi emerges in $200 billion Glencore-Rio Tinto talks

Citigroup shares climbed around 0.8% to $116.63 Monday afternoon, after bouncing between $114.40 and $116.97 earlier. Investors digested news that Glencore is nearing a deal to appoint Citi as lead adviser in potential merger talks with Rio Tinto, aiming to create a mining giant valued over $200 billion. The UK Takeover Panel has set a “put up or shut up” deadline for these deals, requiring a firm offer or withdrawal by Feb. 5.
2 February 2026
FTSE 100 hovers near record as Experian jumps on $1bn buyback and miners slide

FTSE 100 hovers near record as Experian jumps on $1bn buyback and miners slide

The UK stock market barely moved on Friday. Experian surged following a fresh buyback announcement, balancing out sharp losses in major miners as metal prices dipped. The blue-chip FTSE 100 edged up roughly 0.2% to about 10,189 points, while the FTSE 250, more UK-focused, held steady.
Glencore share price jumps on output update as Rio Tinto bid deadline nears

Glencore share price jumps on output update as Rio Tinto bid deadline nears

Glencore shares climbed 3.2% to 521.9 pence by 0820 GMT after the miner and commodity trader released its full-year 2025 production report. Copper output dipped 11% but remained within the company’s guidance range. Chief executive Gary Nagle said, “We expect to report FY 2025 Marketing Adjusted EBIT around the mid-point,” referring to earnings before interest and tax.
Rio Tinto share price slips as Glencore copper output drops and Feb. 5 bid deadline looms

Rio Tinto share price slips as Glencore copper output drops and Feb. 5 bid deadline looms

Rio Tinto’s shares slipped slightly in London Thursday as investors absorbed a disappointing copper output update from potential takeover target Glencore ahead of the Feb. 5 offer deadline. Rio dipped 2 pence, or roughly 0.03%, to 6,749 pence, still trading near its 52-week high. Glencore reported 2025 copper production fell 11% to 851,600 metric tons, hitting the bottom of its expected range.
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