A London judge ruled Friday that global mining company BHP Group is liable in Brazil's worst environmental disaster when a dam collapse a decade ago unleashed tons of toxic waste into a major river, killing 19 people and devastating villages downstream.High Court Justice Finola O'Farrell said that Australia-based BHP was responsible, despite not owning the dam at the time, finding its negligence, carelessness or lack of skill led to the collapse.Anglo-Australian BHP owns 50% of Samarco, the Brazilian company that operates the iron ore mine where the tailings dam ruptured on Nov. 5, 2015.Sludge from the burst dam destroyed the once-bustling village of Bento Rodrigues in Minas Gerais state and badly damaged other towns. Enough mine waste to fill 13,000 Olympic-size swimming pools poured into the Doce River in southeastern Brazil, damaging 600 kilometers (370 miles) of the waterway and killing 14 tons of freshwater fish, according to a study by the University of Ulster in the U.K. The river, which the Krenak Indigenous people revere as a deity, has yet to recover.A decade later, legal disputes have prolonged reconstruction and reparations and the river is still contaminated with heavy metals.
Global utilities have outperformed the market in 2025 as soaring electricity requirements boost earnings. Investors should consider utility stocks as part of their core holdings as power demand across the globe continues to surge. High-yielding utility stocks can offer investors potential safety during market volatility and upside exposure to electrification megatrends.
Tiger Global Management, the hedge fund founded and led by Chase Coleman, slashed its stake in Facebook parent Meta Platforms during the third quarter, according to a filing released on Friday.
Circle Internet Group (NYSE:CRLC) is a leading global fintech and the second-largest stablecoin issuer, with strong growth in USDC circulation and revenue. CRCL reported FQ3 2025 results with 66% revenue growth and 108% USDC circulation growth, reinforcing its premium valuation and leadership in digital payments. Strategic partnerships and favorable market trends position CRCL for continued expansion, supported by a bullish outlook on stablecoin adoption and regulatory tailwinds.
VG Q3 earnings fall short of estimates on higher expenses, though soaring LNG volumes and stronger margins boost overall results.
Ralph Lauren's "Next Great Chapter: Drive" strategy fuels double-digit global sales growth and stronger margins through brand elevation and disciplined execution.
Petróleo Brasileiro S.A. - Petrobras is rated a 'Buy' due to strong competitive advantages and growth in proven reserves. PBR benefits from low production costs, expanding exports—especially to China—and increased oil and gas reserves, supporting future growth. Despite recent share price underperformance, PBR outshines peers in profitability and valuation metrics, with expectations for a recovery in share price.
GSL is trading at a 2.4x EV/EBITDA multiple, signaling a deep discount relative to the security of its cash flow stream. $1.92 billion contract backlog with 96% coverage through 2026 provides a multi-year shield against market volatility. Based on contracted revenue and conservative expense estimates, GSL is positioned to deliver around $900 million in annual revenue and $653 million in EBITDA in 2026.
U.S. Global Investors (NASDAQ:GROW) reported a return to profitability in the first quarter of fiscal 2026, supported by increased investment income and renewed investor interest in gold-related assets.
Liberty Global Ltd. ( LBTYA ) Morgan Stanley 25th European Technology, Media & Telecom Conference November 12, 2025 4:00 AM EST Company Participants Michael Fries - Vice Chairman, President & CEO Conference Call Participants Terence Tsui - Morgan Stanley, Research Division Presentation Terence Tsui Morgan Stanley, Research Division Okay.
SELF delivers record third-quarter 2025 revenue and sector-leading occupancy, but rising costs weigh on overall earnings.
The cartel's estimates remain well above the International Energy Agency's.