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Rio Tinto is not expected to restart takeover discussions with Glencore despite the expiry of a six-month standstill agreement under UK takeover rules. CEO Simon Trott remains focused on simplifying the company, reducing costs, selling non-core assets, and strengthening its core mining businesses rather than pursuing a major merger. Earlier this year, Rio evaluated a […]
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The United States, United Kingdom, and Australia have announced a joint programme to develop advanced unmanned undersea vehicles (UUVs) under the AUKUS security partnership, with deliveries expected to begin in 2027. The announcement was made during a defence ministers’ meeting in Singapore, where officials highlighted the project as a major step in strengthening