Glencore shares surge after FTSE 100 miner merger talks revealed Commodities The global mining landscape is bracing for a seismic shift after Rio Tinto and Glencore confirmed they are in talks regarding a potential merger. A tie-up between the two FTSE 100 titans would create the world’s largest mining entity, boasting a combined enterprise value of approximately £190bn. Glencore shares rallied nine per cent in early [...]
AG Barr boosts dividend as Rubicon and Irn Bru sales grow Retail Drinks business AG Barr has reported a strong set of half-year results thanks to higher demand for its core soft drinks offering despite weak summer trading conditions and a dip in revenue from its cocktail arm. Barr, which owned the Irn Bru and Rubicon brands, reported a 5.2 per cent increase in revenue to £221.3m [...]