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Grafa
Auto and cars

Group 1 Automotive profit stabilizes as UK record offsets revenue dip

Group 1 Automotive (NYSE:GPI) reported first-quarter 2026 results that highlighted a growing divergence between its primary markets, with record-high margins in the United Kingdom helping to cushion a more difficult retail environment in the United States.

Read more: Group 1 Automotive profit stabilizes as UK record offsets revenue dip
Grafa

South32 flags $4.6b cost increase at Hermosa project amid inflation and tariff pressures

South32 Limited (ASX:S32) has revealed a substantial capital expenditure increase for its flagship Hermosa project in Arizona, lifting the expected growth capital for the Taylor deposit to about US$3.3 billion (approximately A$4.6 billion), up from US$2.16 billion at final investment approval.

Read more: South32 flags $4.6b cost increase at Hermosa project amid inflation and tariff pressures