Siam Cement Scraps $2 Billion Chemical Unit IPO Amid Slump
Siam Cement Pcl, one of Thailand’s largest industrial conglomerates, scrapped a proposed initial public offering for its chemicals
2023-08-28 13:56
Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
2023-08-28 12:47
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:16
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown
2023-08-28 05:59
Sinopec Profits Shrink as Economic Woes Weigh on Fuel Demand
Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic
2023-08-27 16:55
Slower US Job Growth to Support Fed Patience
Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further
2023-08-27 05:28
Indian Steel Tycoon Jindal Seeks Tariff on Imports
Indian steel tycoon Sajjan Jindal wants the government to counter American tariffs and Europe’s carbon tax with a
2023-08-26 14:28
German Economy Stalled in Second Quarter, Weighed Down by Trade
Germany’s economy exited recession by the slimmest margin in the second quarter but its sluggish performance continues to
2023-08-25 14:47
Another Trafigura Metals Exec Departs as Pressure on Unit Grows
Trafigura Group’s head of metals business development is leaving, the latest sign of the pressure facing the commodity
2023-08-24 19:26
UK Steel Industry Faces Hit From Post-Brexit EU Climate Levy
Britain’s steel exports to the European Union risk being hit with a climate surcharge after the government made
2023-08-24 13:46
Sinopec Said to Eye Shell’s Historic Singapore Oil Refinery
China’s state-owned Sinopec is among several parties circling Shell Plc’s storied Bukom oil refinery in Singapore, an asset
2023-08-24 12:19