The UK and Tata Steel Ltd. are coming closer to agreeing on an aid package that would see the government provide about £500 million ($630 million) of public funding to the Indian company’s British business, according to Sky News.
The history of commodity markets is littered with fraud and risk, and the opaque trade in scrap metal is no exception. But even veterans with decades of experience say they’ve never seen anything like the scam now rocking one of the world’s top copper recyclers.
German Chancellor Olaf Scholz brushed off the latest bid by his Free Democrat coalition partners to reverse the country’s exit from nuclear power, calling the technology a “dead horse.”
Hong Kong started gradually reopening Saturday after a typhoon that was forecast to be the strongest to hit the territory in about five years departed, leaving minimal reported damage.
US inflation cooled even as the job market remained resilient, bolstering the case that the Federal Reserve can accomplish a soft landing for the economy.
A new book details the best, worst and wackiest designs from the likes of BMW, Cadillac, Mercedes-Benz and more.
The European Central Bank might need to raise interest rates further before coming to a pause in its hiking cycle, said governing council member Pierre Wunsch.
Europe’s stagflation crisis and a property downturn in China are flashing a familiar message: for equity investors, there is no real alternative to the US stock market.
India launched its first mission to dig deep into the sun’s workings, marking another win for the country’s space program that recently delivered a successful moon landing.
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to a record, putting a strain on supplies of the nation’s main generation fuel.
