Bloomberg Business

ArcelorMittal SA, the world’s top steelmaker outside of China, said first-quarter profit rose as rebounding demand lifted steel prices.

Rio Tinto Group, the world’s biggest iron ore producer, has brushed off concerns about falling steel demand in China, saying the Asian nation’s overall economic outlook is good.

Former Federal Reserve regional presidents Robert Kaplan and Dennis Lockhart are becoming concerned over the recent US regional banking turmoil which has started engulfing one lender after the other this year.

Chinese stocks trimmed an early loss as traders weighed upbeat holiday travel data against a contraction in factory output.

BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies Inc. and Ola Cabs.

Vodafone Group Plc and CK Hutchison Holdings Ltd. are nearing a £15 billion ($19 billion) agreement to combine their UK telecommunications businesses and create the country’s biggest mobile-phone operator, according to the Financial Times.

Dubai-based GEMS Education is considering options for the business after talks to sell a controlling stake to a consortium of Abu Dhabi state-backed entities stalled over valuation, according to people familiar with the matter.

Desperate to find new markets for the vast quantities of natural gas it once sent to Europe by pipeline, Russia is on a mission to dramatically increase its ability to export the fuel by sea.

Chinese tourists returned to the skies in droves over the Labor Day holidays as people embraced travel again following the end of Covid curbs, providing a bright spot for an oil market facing broader demand concerns.

Faults with engines supplied by Pratt & Whitney to Go Airlines India Ltd. forced the budget carrier to keep part of its fleet of brand-new Airbus SE jets on the ground for a total of 17,244 days over the past three years, according to a legal filing in a Delaware court.