
Australian shares drop on weak profits from iron ore giants
Source: Live Mint Rio Tinto down 3% on smallest profit since 2019 Wesfarmers, Telstra gain more than 3% Air NZ announces NZ$100 million buyback Feb 20 (Reuters) – Australian shares fell 1% in their fourth consecutive session of losses on Thursday, as iron ore mining giants Rio Tinto and Fortescue slumped to multi-week lows after…