Thyssenkrupp’s restructuring plan has ‘failed’, labour bosses say

[ad_1] FRANKFURT/DUESSELDORF, March 31 (Reuters) – German industrial group Thyssenkrupp’s (TKAG.DE) powerful labour representatives lashed out at leadership on Friday, demanding a strategic roadmap while saying that CEO Martina Merz’s…

Japan’s Nippon Steel to cut its stake in Brazilian Usiminas for Ternium

[ad_1] TOKYO, March 30 (Reuters) – Japan’s Nippon Steel (5401.T) said on Thursday it would cut its stake in the Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) (USIM5.SA) to…

Banks, miners drag London’s FTSE 100; AB Foods jumps

[ad_1] AB Foods surges on dividend, strong outlook Rolls-Royce at two-month highs on nuclear reactor news FTSE 100 down 0.4%, FTSE 250 off 0.6% Nov 9 (Reuters) – London’s FTSE…

Electric car sales surge as Europe’s climate targets bite

[ad_1] BRUSSELS, June 29 (Reuters) – One in every nine new cars sold in Europe last year was an electric or plug-in hybrid vehicle, with low-emission car sales surging even…

Analysis: Peru’s Las Bambas standoff tests Castillo’s mining reform pledges

[ad_1] LIMA, Oct 4 (Reuters) – Peru’s new socialist government swept to power pledging to strike a new deal with the copper mining sector and redistribute profits to Andean communities…

Chinese energy, ferrous futures slide as demand concerns weigh

[ad_1] SHANGHAI, Oct 13 (Reuters) – Chinese futures prices of energy, petrochemical and ferrous metals contracts fell on Wednesday amid dips in global oil prices, production controls as well as…

Credit Suisse to repay further $750 mln to Greensill-linked fund investors

[ad_1] ZURICH, July 2 (Reuters) – Credit Suisse (CSGN.S) is paying out a further $750 million to investors in its Greensill-linked supply chain finance funds, its asset management arm told…

Mexican finance minister says “satisfied” with Citibanamex sale

[ad_1] MERIDA, Mexico, March 17 (Reuters) – Mexico’s government is “satisfied” with the sale process of Citigroup’s (C.N) Mexican retail bank Citibanamex, Finance Minister Rogelio Ramirez de la O said…

Volkswagen picks Canada for first battery cell plant outside Europe

[ad_1] Move comes shortly after Scout plant announcement Plant in Canada can also qualify for IRA subsidies BASF also picked Canada for EV battery materials plant WOLFSBURG, Germany, March 13…

India’s Adani prepays $2.15 billion share-backed loans

[ad_1] March 12 (Reuters) – Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline…