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U.S. Steel Takeover Talk Rattles Manufacturers
Business

U.S. Steel Takeover Talk Rattles Manufacturers

A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. Source link

Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker
Business

Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker

U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash. Source link

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
Business

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link

Foxconn Abandons India Chip Venture With Vedanta
Business

Foxconn Abandons India Chip Venture With Vedanta

The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. Source link

After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too
Business

After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too

Markets Heard on the Street Vedanta Resources is bleeding its subsidiaries dry as it struggles to deleverage Source link

After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too
Finances

After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too

Markets Heard on the Street Vedanta Resources is bleeding its subsidiaries dry as it struggles to deleverage Source link

The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply
Business

The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply

Business U.S. Steel and Cleveland-Cliffs jockey with foreign rivals to supply the crucial material for EV motors Source link