Industrials

2020 Articles

Jingye will cut a tenth of British Steel's workforce at its Scunthorpe plant as the Chinese firm gears up to take over the embattled manufacturer.

The government and its advisers are rushing to finalise the sale of British Steel to China’s Jingye ahead of a

February 23, 2020
Defence giant BAE Systems posted an 18 per cent increase in profit in 2019 as the firm said work on F-35 fighter jets and its Qatar Typhoon contract would help earnings to grow by a mid-single digit percentage next year.

Defence giant BAE Systems posted an 18 per cent increase in profit in 2019 as the firm said work on

February 20, 2020
Global shipping giant Maersk warned today that the coronavirus outbreak would hit earnings this year as the Danish firm missed earnings forecasts in the fourth quarter.

Global shipping giant Maersk warned today that the coronavirus outbreak would hit earnings this year as the Danish firm missed

February 20, 2020
SINGAPORE-ECONOMY-OIL

Oil prices rose today amid hopes the coronavirus may have reached its peak. The 2.5 per cent rise was also

February 19, 2020
Odey's firm thinks Anglo American's takeover of Sirius is undervalued

Crispin Odey’s investment firm has said it will vote against any Anglo American offer for Sirius Minerals that is not

February 19, 2020
SAFRICA-MINING-CONFERENCE

The boss of embattled miner Sirius minerals has told shareholders the offer from Anglo American is its only viable way

February 18, 2020
INDONESIA-MINING-ECONOMY-POLITICS

BHP has reported stronger half-year profit on the back of robust iron ore prices but warned of the threat of

February 18, 2020
Jingye will cut a tenth of British Steel's workforce at its Scunthorpe plant as the Chinese firm gears up to take over the embattled manufacturer.

Jingye will cut a tenth of British Steel’s workforce at its Scunthorpe plant as the Chinese firm gears up to

February 18, 2020
Russian aluminium and power producer En  said it would buy back a fifth of its shares from state bank VTB for $1.6bn (£1.24bn) in response to the US lifting sanctions on the group.

Russian aluminium and power producer EN Plus said it would buy back a fifth of its shares from state bank

February 6, 2020
100 Greenpeace activists delivered 500 solar panels with a total area of over 800 square metres to BP’s London Headquarters in St James’ Square. All six office doors around the building have been blocked with activists locked to dirty oil barrels to prevent staff from entering.

Bernard Looney’s first day as BP boss got off to a challenging start this morning as the firm was forced

February 5, 2020
Ford slides after posting weaker than expected forecasts

Ford shares nosedived after it handed investors a weaker-than-expected 2020 forecast, warning that quality problems, lower profits at its credit

February 4, 2020