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Rio Tinto Plc Q3 2025 production update, guidance on track
Rio Tinto reported strong third quarter output, with back-to-back records in bauxite and Oyu Tolgoi and Pilbara shipments up 6% quarter on quarter. Full year guidance remains unchanged, with bauxite raised to 59–61 Mt, copper on track for the higher end supported by the Oyu Tolgoi ramp-up, and first ore from Simandou loaded for rail in October
BP Plc reports higher production and stable debt in Q3 2025 update
BP has issued its third-quarter 2025 trading statement, expecting higher upstream production compared with the previous quarter, driven by increased gas output from bpx energy.
Legal & General appoints Scott Wheway as Chair to succeed Sir John Kingman
Legal & General Group Plc has appointed Scott Wheway to succeed Sir John Kingman as Chair. Scott will join the Board on 2 January 2026 as Chair Designate and assume the role following the AGM on 21 May 2026.
AstraZeneca Plc reaches agreement with Trump administration to cut US drug prices
AstraZeneca has signed a landmark agreement with President Donald J. Trump’s administration to reduce the cost of prescription medicines for American patients.
Lloyds Banking Group flags potential additional provision on Motor Finance
Lloyds Banking Group has confirmed it is assessing the FCA’s consultation paper on motor finance and expects an additional provision may be required, which could be material.
Anglo American Plc confirms merger rationale following Teck operational review
Anglo American plc has stated that Teck Resources’ updated operational outlook is consistent with its due diligence, confirming the strategic rationale and expected synergies of their planned merger.
Smith & Nephew to host Capital Markets Days in London and New York
Smith & Nephew will hold Capital Markets Days on 8 December in London and 11 December in New York to outline its new strategy, mid-term priorities, and portfolio growth plans.
Bunzl Plc expands with acquisitions in Ireland and Spain
Bunzl =has completed the acquisitions of Caterline Catering Equipment Ltd in Ireland and Anta y Jesús, S.L.U in Spain, each generating revenue of €6 million (£5 million) in 2024.