annb0t
Top 20
By Sameer Manekar
(Reuters) -BHP Group said on Tuesday its first-half underlying profit was largely unchanged from a year ago, citing strong revenue generation, but warned of higher costs from the lagged effect of global inflation persisting into the second-half.
The world's largest listed miner also warned the lag effect of higher interest rates will impact household consumption in the developed world in the first half of calendar 2024, but predicted strong commodity demand in China and India...
>>> Read more: BHP reports flat first-half profit; warns of inflation, high interest rates impact
(Reuters) -BHP Group said on Tuesday its first-half underlying profit was largely unchanged from a year ago, citing strong revenue generation, but warned of higher costs from the lagged effect of global inflation persisting into the second-half.
The world's largest listed miner also warned the lag effect of higher interest rates will impact household consumption in the developed world in the first half of calendar 2024, but predicted strong commodity demand in China and India...
>>> Read more: BHP reports flat first-half profit; warns of inflation, high interest rates impact
