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Bloomberg

BNP Paribas CFO: Took Provisions Against Macro Uncertainty

The BNP Paribas CFO cited a 'wait-and-see' attitude from corporates in the first-quarter, and argued he took provisions against the macroeconomic uncertainties. That's after France's largest bank reported net income that beat estimates in the first quarter, driven by a strong performance in equities trading. The CFO Lars Machenil spoke exclusively to Bloomberg Television on the 'Opening Trade'.

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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.

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