HeidelbergCement buys 45% stake in Italcementi
HeidelbergCement, Germany's largest cement maker, has agreed to buy a 45 per cent stake in Italcementi for €1.67bn and intends to buy the rest of its Italian rival in the latest round of consolidation in the industry.
How bad is July proving for commodities?
Concerns about a slowdown in China, renewed strength in the US dollar and persistent supply concerns have combined to make it an ugly July for commodities. But just how bad has it been?
The forum's 45th annual meeting at Davos, in the Swiss Alps, had at the heart of its agenda a theme entitled ‘The New Global Context’ - as delegates discussed the effects of political, economic and social uncertainty on future policy making