The iron-ore producer said its average price for iron ore was roughly US$108 a metric ton versus about US$87 a ton a year earlier.

Rio Tinto reported a 19% decline in annual net profit and cut its payout to shareholders following a drop in aluminum and copper prices.

BAE Systems said it expected sales to rise 10-12% this year as governments ramp up spending on military equipment, faced with escalating geopolitical tensions.

Glencore’s full-year adjusted earnings came in at $17.1 billion after coal prices retreated from the record highs that followed Russia’s invasion of Ukraine.

Leading music labels had sued the internet provider over its customers’ illegal downloads.

The lawsuit says the companies behind the planned platform have forced Fubo ‘to broadcast unwanted, expensive content.’