Industrials

Baltimore Bridge Ship Crash Shuts Down Port, Disrupts Shipments: Will Consumer Goods Prices Surge?

The Baltimore Bridge collapse halted Port operations, disrupting supply chains. With thousands of jobs at risk, fears rose over consumer goods prices.


Canada Goose to Cut 17% of Corporate Workforce, Impacting 915 Employees Amid Retail Downturn

Canada Goose slashes 17% of global corporate staff, impacting 915 employees amidst declining luxury demand. CEO cites the need for optimization amid industry shifts...

Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition

After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal...

Oil Prices Remain Nearly Unchanged as Market Ponders on Chinese Demand, North America Supply Rises

Oil prices remained relatively stable on Thursday, with Brent crude futures settling unchanged at $82.96 per barrel...


Latest News

Australia's Senex Energy proposes acquisition of AWE -sources
Australia-based oil explorer Senex Energy Ltd has made a preliminary offer to buy and merge with AWE Ltd, according to two sources familiar with the matter.
Jacobs completes merger with Sydney-based Sinclair Knight Merz
US-based professional technical services provider Jacobs Engineering Group Inc announced the completion of its merger with Australia-based firm Sinclair Knight Merz in a deal valued at AU$1.3 billion.
GLG Partners Inc agrees on $9 million settlement with regulator for coal mine purchase
GLG Partners, a London-based hedge fund, agreed to settle claims that it overvalued the purchase of a mining asset in 2008 in a deal worth about $9 million, Bloomberg reported.
Texas Industries working with Citigroup on possible exit
Investors Southeastern Asset Management and NNS Holding have been looking to divest their stakes in Texas Industries Inc. Cement producer Texas Industries is said to be working with Citigroup on a pos
Romania's Fondul Proprietatea exits from entire stake in Transgaz
Fondul Proprietatea on Thursday said it has put up for sale its 15% stake in state-owned gas grid operator Transgaz SA. The Romanian restitution fund raised RON303.5 million in its exit deal.
Dangote pushes for $16B investment in cement, agriculture, industrials
Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries ov
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday, including Fortum, National Vision, Saipem, CTT, MTS, Southern Pacific, Warrnambool, Verbund, Bakkafrost, Popular and
Indian steel magnate Lakshmi Mittal in talks to buy stake in Delhi Daredevils
Lakshmi Mittal, chief executive officer of ArcelorMittal, is negotiating with infrastructure company GMR Group to acquire a stake in Delhi Daredevils. The cricket team plays in the Indian Premier Leag
Australia allows Chinese company to take over Yancoal
Australia's Federal Treasurer Joe Hockey has granted approval of the Chinese company Yanzhou Coal's takeover of Australian mining firm Yancoal Australia, just two weeks after he rejected a foreign buy
Australia says Yanzhou Coal Mining can own 100pct in Yancoal Australia- report
Australia gave its approval to China state-owned coal firm Yanzhou Coal Mining Co to move towards a 100% ownership in Yancoal Australia, a Bloomberg report said.
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