Fuganto Widjaja, Sinar Mas: a new start

Fuganto Widjaja

The founder’s grandson has set out to modernise the family-run conglomerate

Third time unlucky for Monsanto’s Grant

Chief executive has failed three times to buy Syngenta

Tata mothballs South Wales steel plant

Agency workers at risk as production ceases at hot strip mill

Uralkali plans $1.3bn share buyback

Move could be a prelude to delisting from London

China: Weakened foundations

Facing a slowdown, and with policy options running low, Beijing’s leaders broke an old taboo and devalued the renminbi

Essar places big bet on US iron ore

Mumbai-based group to spend $1.9bn on Minnesota mining project

China aluminium group’s shares fall 12%

Zhongwang takes a beating despite rebuttal of short seller’s allegations

Tata Steel doubles profits as sales fall

Indian steelmaker fights flood of Chinese imports to Europe

Noble shares jump as PwC backs accounting

Early 10% gain fades even after cost cuts and auditor assurance

Polish manufacturers hit by power cuts

Factories and industrial plants forced to cut production

Noble pays off $735m of its own bonds

Move eases debt burden of embattled commodities trader

Noble brings forward quarterly results

Stock dips hint at short sellers’ bear raid, say sector insiders

ArcelorMittal warns on emerging markets

Steelmaker swings into profit thanks to jump in European earnings

Cairn Energy to vote against Vedanta offer

Objections rest on ‘fundamental’ disagreements over valuations

Rio: still a glut-on

Iron ore production cuts must hold and demand at least stabilise

Rio Tinto scales back iron ore guidance

Miner foresees first-half shipments reduced by 7m tonnes in spite of quarterly increase

Posco: blast-off

Slowing Chinese growth is wreaking havoc on South Korean group

Nyrstar appoints Bill Scotting as new CEO

Zinc producer ends seven-month search as it hires mining industry veteran from ArcelorMittal

Rabbit gut reaction turns waste to fuel

ArcelorMittal invests €87m in new process that cuts emissions

China less dominant in manufacturing FDI

Lead as destination for greenfield projects reduced as costs rise


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