Today: 27 March 2026
Browse Category

LSE:S32.L 6 March 2026

South32’s 90% Base-Metals Bet Takes Shape as CEO Graham Kerr Pushes North America Pivot

South32’s 90% Base-Metals Bet Takes Shape as CEO Graham Kerr Pushes North America Pivot

South32 expects about 90% of its production to be in base metals within 18 months, outgoing CEO Graham Kerr told Financial Mail. Stephen Pearce became chair on March 1, and Matthew Daley is set to succeed Kerr as CEO later this year. The company posted first-half underlying earnings of $435 million, beating estimates. South32 will place its Mozal aluminium smelter in Mozambique into care and maintenance by March.
6 March 2026

Stock Market Today

  • Crude Oil Price Surge Threatens India Inc Earnings Recovery and Market Returns
    March 26, 2026, 11:50 PM EDT. Soaring crude oil prices, spurred by the US-Iran conflict, are clouding India's economic outlook and stock market prospects. Brent crude has surged over 40% in March, staying above $100 a barrel, threatening to derail India's earnings revival. As the world's third-largest crude importer, India faces macroeconomic risks including inflation, widening current account and fiscal deficits, and a weakening rupee. Research firms like Motilal Oswal and Goldman Sachs forecast slower GDP growth, higher inflation, and potential interest rate hikes. Experts warn that even if the conflict ends soon, damaged oil infrastructure could keep prices elevated, delaying recovery for India Inc. and dampening stock market returns over coming months.
Go toTop