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- Zimbabwes lithium export earnings surge on higher spodumene prices
ZIMBABWE-MINING/LITHIUM:Zimbabwe's lithium export earnings surge on higher spodumene prices
- Oil prices settle down as IEA agrees to accelerate oil stock release
GLOBAL-OIL:Oil prices settle down as IEA agrees to accelerate oil stock release
- Gold prices drop over 2%, slide to 2-month low as Treasury yields, US dollar climb
Gold prices fell 2.3% to $4,066 per ounce, marking a two-month low. Rising Treasury yields and a strong US dollar contributed to this decline. Investors await the FOMC minutes for insights on Fed policy amid inflation concerns and potential rate hikes.
- Adani Enterprises: AEL gets highest-ever rating in its credit history; shares up over 22% YTD
Adani Enterprises has achieved an upgraded long-term rating of AA Stable, marking its highest credit rating in history, reflecting improved capital management and credit profile over the past seven years, per CARE Ratings' update on bank facilities and Non-Convertible Debentures.
- Sun Pharma to consider ₹15,000 crore NCD issue; board meeting on 12 October
Sun Pharmaceutical Industries will hold a Board meeting on October 12, 2026, to approve the issuance of non-convertible debentures worth up to ₹15,000 crore to fund a bridge loan for acquiring Organon & Co.