Auto parts maker Marelli suspends Italian plant closure, to seek potential buyers

[ad_1] The company logo of Marelli is displayed at the factory in Ora Town, Gunma Prefecture, Japan July 30, 2020. Picture taken July 30, 2020. REUTERS/Naomi Tajitsu/File Photo Acquire Licensing…

Italy can act on recycling hub after Glencore presents plan – minister

[ad_1] The logo of Glencore is pictured in Baar, Switzerland, September 30, 2015. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights MILAN, Oct 3 (Reuters) – The Italian government could get involved…

Czech billionaire Kretinsky’s sprawling empire

[ad_1] Oct 5 (Reuters) – Czech billionaire Daniel Kretinsky has been on a buying spree in France, with three new investments so far this year. Most recently, supermarket group Casino…

Teck aiming for coal, metals business separation announcement by end of 2023, says CEO

[ad_1] The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada…

Novo Nordisk’s Wegovy bonanza looms large in Denmark

[ad_1] COPENHAGEN, Oct 5 (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, Novo Nordisk (NOVOb.CO), but also for its home…

UN agency joins US in suspending food aid to Ethiopia after diversions

[ad_1] NAIROBI, June 9 (Reuters) – The United Nations World Food Programme (WFP) said on Friday it was suspending food aid in Ethiopia due to the widespread theft of donations,…

China’s Huawei sets up commodities hedging team in Singapore, Hong Kong

[ad_1] Sept 29 (Reuters) – Huawei Technologies (HWT.UL) is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company’s job posts on…

India’s Hindustan Zinc plans to spin off businesses into separate companies

[ad_1] BENGALURU, Sept 29 (Reuters) – Hindustan Zinc (HZNC.NS) on Friday said it plans to spin off its business segments and create separate entities for zinc, lead, silver and recycling…

Sweden’s H2 Green Steel raises $1.6 billion for Boden plant

[ad_1] OSLO, Sept 7 (Reuters) – H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the…

Australia’s Soul Patts slumps after reallocating $637 million to private markets

[ad_1] Sept 28 (Reuters) – Shares of Australia’s Washington H Soul Pattinson and Co (WHSP)(SOL.AX) emerged as one of the top losers on the benchmark after the conglomerate reallocated about…