Macquarie analysts said Nickel Industries lifted first-half revenue 13.1% year-on-year to US$938.4 million, while net profit jumped 365.8% to US$52.5 million. The company’s ENC project has been disrupted by water-supply constraints, but it ramped to about 50% of nameplate capacity early in commissioning. At the Hengjaya mine, August nickel sales hit a record 1.6 million tonnes. Based on combined adjusted EBITDA of about US$90 million for July and August, Macquarie said the shares look undervalued and pointed to 57% potential upside.

Canada plans to double liquefied natural gas exports to 50 million tonnes by 2030, positioning pipeline operator TC Energy as a key beneficiary. The company sanctioned about $3 billion of new growth projects in the first half of 2026. Second-quarter comparable EBITDA rose 12% year over year to $2.9 billion, and TC Energy forecasts North American natural gas demand will increase by roughly 51 billion cubic feet per day between 2025 and 2035.

Brookfield Infrastructure currently yields 4.9% and has raised its distribution for 17 consecutive years. In its latest quarter, funds from operations rose 10% year over year to US$702 million, while FFO per unit increased 10% to US$0.89. The company’s payout ratio was about 66%, within its long-term target range of 60% to 70%. For 2026, the distribution was increased by 6%, and management is targeting annual growth of 5% to 9%.

Reserve Bank of Australia Governor Michele Bullock said upside risks to inflation are starting to emerge, clearing the way for a rate increase at the RBA’s 28–29 September policy meeting. She said the key issue will be whether the three earlier rate hikes are enough to return inflation to the 2.5% target within a reasonable timeframe. Separately, the US Federal Reserve raised interest rates this week for the first time since 2023, as central banks respond to persistently high fuel prices.

Prime Minister Mark Carney said Canada signed more than 50 critical-minerals agreements with over 15 countries over the past year, unlocking $20 billion in investment to reduce reliance on foreign supply-chain chokeholds. Teck reported second-quarter copper production of 135,900 tonnes, up 25% year over year, while adjusted EBITDA jumped 204% to $2.2 billion and operating cash flow reached $1.7 billion. Copper now accounts for more than 70% of the company’s business. The stock has recently traded around $90, near its 52-week high.

New US legislation passed by Congress authorizes the president to impose tariffs of up to 100% on India and other buyers of Russian oil. Indian refiners say replacing Russian crude—47% of their imports—would be difficult under current market conditions, with some key suppliers already unavailable. They cite disrupted Saudi supply after drone attacks on a major pipeline and depleted global inventories, alongside logistical hurdles in sourcing alternative barrels and ships. Executives warned that a simultaneous scramble for replacements could send oil prices sharply higher.

McDonald’s said it will raise its quarterly dividend by 4% to $1.93 per share, equivalent to an annualized dividend of $7.72. The stock will trade ex-dividend on December 1, with the payout scheduled for December 15. The increase marks the company’s 50th consecutive year of dividend hikes, placing it among fewer than 60 U.S. “Dividend Kings.”

Micron Technology shares gained about 5.5% after Intel warned that a shortage of memory chips could intensify. Micron, the largest U.S.-based memory maker, has benefited from AI data-center demand that has tightened supply and supported pricing power. In its latest results, Micron reported fiscal third-quarter 2026 revenue of $41.46 billion and an 84.6% GAAP gross margin, and it forecast current-quarter revenue of about $50 billion.