European shares fall on weak earnings, Ukraine jittersShell inched up 0.4% after the London-listed energy major said it would exit all its Russian operations, including a major liquefied natura...
01 Mar, 2022, 03.29 PM IST
Russia’s ultra-rich count cost of $83 billion wealth wipeoutMarket declines have been so extreme that Russia’s central bank halted local trading on Monday, meaning some of the losses are understated....
01 Mar, 2022, 11.56 AM IST
Russia-exposed stocks plunge as tougher Western sanctions loomLondon-listed shares of Russia's two biggest companies by market value, Sberbank and Gazprom, fell 74.6% and 37.9%, respectively.
24 Feb, 2022, 08.55 PM IST
London stocks slump over 2% as Russia invades UkraineThe benchmark FTSE 100 index dropped 2.7% in morning trade, while the domestically focussed mid-cap index fell 2.1%.
24 Feb, 2022, 03.10 PM IST
Lakshmi Mittal's SA steel interests revived after threat of closureMittal had acquired the former state-owned steelmaker Iscor a decade ago as he embarked on his global steel acquisition plans after first c...
01 Aug, 2016, 06.52 PM IST
Lakshmi Mittal's South African steel empire under pressureSteel magnate Lakshmi Mittal's South African operations have been put into what its chief executive officer has described as "emergency car...
24 Jul, 2015, 11.24 PM IST
- ArcelorMittal spends $339 million on Czech stake
ArcelorMittal SA, the world's largest steel maker, said Thursday that it would pay $339 million to buy out the Czech government's 10.9 per ...
07 May, 2009, 08.08 PM IST
- ArcelorMittal sees obstacles in China expansion
ArcelorMittal, the world's largest steelmaker, is trying to expand in China, but has found little success, its chairman said on Monday.
08 Sep, 2008, 07.56 PM IST
- Essar Steel joins race for ArcelorMittal's US plant
Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Maryland, a mill of ArcelorMittal, according to a report.
21 Mar, 2008, 01.29 AM IST
- Essar joins race to buy ArcelorMittal's Sparrows Point mill
Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Md., mill of ArcelorMittal SA, with leading Russian steelma...
20 Mar, 2008, 02.51 PM IST
- Mittal eyes US-based AK Steel
The deal is likely to value AK as much as $40 per share or just under $4.5 bn.
09 May, 2007, 12.30 AM IST
- JSW may be in race for Canadian steel co
International reports named the Sajjan Jindal-led JSW Steel as one of the interested suitors, with Severstal and Evraz of Russia and Brazil...
12 Apr, 2007, 02.17 AM IST
- Russian cos may queer the pitch for Tatas
Tata Steel’s Russian rivals may try to thwart its attempt to join the list of top steel makers by planning a bid for Corus on their own.
09 Oct, 2006, 03.11 AM IST
- After Arcelor bid, Severstal plans $1.5bn London float
Russian steel group Severstal, in the limelight after its attempted merger with Arcelor, is now seeking to raise up to $1.5bn in a London s...
02 Aug, 2006, 03.13 AM IST
- Tata Steel loses bid for SA co to Russia’s Evraz
Tata Steel has lost in its bid to acquire 79% in the South Africa-based Highveld Steel and Vanadium to Russian metals player Evraz and Swis...
15 Jul, 2006, 03.29 AM IST
- Abramovich to aid Severstal in Arcelor merger battle
Russia's richest businessman Roman Abramovich could come to the aid of Severstal if the Russian steel group raises its bid to merge with Ar...
26 Jun, 2006, 05.45 PM IST
- Russian steel sector melds under Kremlin’s eye
Russia’s steel sector is buzzing after the announcement of a merger between Europe’s Arcelor and Russia’s Severstal, with analysts expectin...
05 Jun, 2006, 12.42 AM IST