July 5, 2018

Thyssenkrupp CEO asks to step down, board to meet on Friday

After two years of at times fraught talks, the two steel firms last Saturday signed an agreement to create Europe's second-largest steelmaker.

July 5, 2018

Renault, PSA unveil plans for electric-car services in Paris

Renault SA and rival French automaker PSA Group unveiled plans for new electric car-sharing services in Paris just days after Mayor Anne Hidalgo pulled the plug on an operation backed…

July 5, 2018

Rio Tinto says synergies, no Brexit behind decision to move sales team to Germany

London-based sales and marketing staff to relocate to Frankfurt beginning September.

July 4, 2018

VW to start electric car-sharing service to boost lineup

“Our target is to sell more than 1 million electric cars in 2025,” VW brand head of sales Juergen Stackmann

July 4, 2018

US probe darkens Glencore horizons from Africa to Americas

Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal…

July 3, 2018

Spanish cattle farmers are worrying about nearby uranium mines

The company says it will become a key supplier of fuel as governments recognize the role nuclear power will play in efforts to promote ways to generate power that cause…

July 3, 2018

LME to get tougher on cobalt companies with ties to the DRC

Starting next year, it will demand firms that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit.

July 3, 2018

Glencore hammered as US requests documents in corruption probe

Shares fell as much as 13% after the miner and commodities trader was told by US Department of Justice to produce documents on Nigeria, Congo and Venezuela.

July 2, 2018

Platinum price plunges to 14-year low

Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.

July 2, 2018

EU warns US of boomerang effect if Trump imposes car levies

Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.