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Vale SA
Vale faces £3bn legal action over 2015 Mariana dam disaster
...In February 2023, Vale Holdings BV made a “dividend distribution in kind” to Vale in the form of $1.5bn of share buybacks....
March 19, 2024
Mining
BHP aims to settle over Brazil dam disaster
...Calluf said BHP had discussed reaching a potential final settlement with both Vale and Samarco, a 50-50 joint venture between the mining groups....
November 5, 2023
FT Live
Brazil Summit
Building a resilient and sustainable economy
Wednesday, 15 MayNew York, NY, USA
UK politics
Michael Gove vows to reduce ground rents to ‘peppercorn’ levels over time
...Michael Gove has insisted ground rents in England and Wales would eventually fall to nominal levels under his leasehold reforms as he accused Conservative opponents to the changes of acting like “rentier...
April 18, 2024
Management consulting
Peter Mandelson’s advisory firm valued at £30mn in deal with ex-Obama aide
...The advisory firm set up by Lord Peter Mandelson, one of the architects of New Labour in the UK, has sold a 20 per cent stake to a US business run by a former Barack Obama aide in a first step towards a...
April 17, 2024
Vale SA
Vale board member resigns in protest over alleged political meddling in succession process
...Vale’s shares in Brazil have fallen almost a fifth since the start of the year following a sharp slide in iron ore prices....
March 12, 2024
News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%
BHP and Vale ordered to pay $9.7bn over Brazilian dam collapse
...A Brazilian court has ordered iron ore producer Samarco, along with its owners Vale and BHP, to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
January 25, 2024
FT Live
Commodities Global Summit 2025
The pre-eminent gathering of senior commodity executives, traders and financiers
Monday, 24 March 2025Lausanne, Switzerland
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
BHP and Vale ordered to pay $9.7bn over Brazilian dam collapse
...A Brazilian court has ordered iron ore producer Samarco along with its owners Vale and BHP to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
January 25, 2024
Vale SA
BHP and Vale ordered to pay $9.7bn over Brazilian dam collapse
...BHP and Vale face a parallel class-action lawsuit over the event in the UK, with as many as 700,000 claimants. A trial is scheduled for October....
January 25, 2024
Brazilian politics
Lula steps up interventions in Brazil’s largest companies
...the pension fund of a state-controlled bank that is among Vale’s top investors....
March 25, 2024
Transcript
Transcript: EU takes on fake news ahead of elections
...And he also said that Vale, which remember is a private sector mining company, he said it belongs to Brazil....
April 1, 2024
Brazilian economy
Brazil seeks to weaken fiscal targets it set only a year ago
...“The government will have to do something far more drastic to deliver a zero deficit. But it has low popularity and wants to invest and spend more,” said Vale....
April 16, 2024
Letter
Letter: Kishida and Biden face a similar demographic crisis
...Michael W Hodin Chief Executive, Global Coalition on Aging New York, NY, US...
April 17, 2024
BHP Group PLC
BHP told to hand over executives’ employment details in Brazil dam disaster litigation
...The mining project where the tailings dam collapsed was owned and operated by Samarco, a Brazilian company jointly owned by BHP and Vale....
April 18, 2024
Letter
Letter: Always a cap to fit
...Michael Poynor London SW19, UK...
February 16, 2024
News updates from July 28: Bank of Japan tweaks bond buying strategy, Measures of US inflation and wage growth cool
Vale to sell minority stakes in EV metals operations for combined $3.4bn
...Brazilian mining group Vale is to sell minority stakes in its copper and nickel operations for a total $3.4bn to investors that include Saudi Arabia, in a bet on materials required for the energy transition...
July 27, 2023
FT Live
Mining Summit
Enabling a low-carbon future
Thursday, 26 SeptemberLondon, United Kingdom & Online
Transcript
Transcript: China hopes for a big economic rebound
...Michael, what did he have to say about the pain his policies are causing? Michael StottSo Milei’s proud of being unconventional and his election owed a lot to his skill on social media....
March 6, 2024
Inside BusinessMichael Pooler
Hopes rise of a break in Brazil’s IPO drought
...michael.pooler@ft.com...
January 30, 2024
InterviewLunch with the FT
Actor Michael Douglas: ‘What roles haven’t I done?’
...The Polo Lounge in the Beverly Hills Hotel has been a Tinseltown fixture since its doors opened in 1941, so is an appropriate place for lunch with Michael Douglas....
April 12, 2024
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
April 22, 2024
The best of TV and streaming this week
Franklin, Apple TV+ review — story of a polymath patriot who secured the future of America
...Franklin, a new eight-part series on Apple TV+ starring Michael Douglas, tells the story of a true American patriot and legendary bon vivant who helped secure the future of his country....
April 10, 2024
Management consulting
Former Tory leader William Hague joins corporate intelligence group Hakluyt
...Hague, who is stepping down as a senior adviser at public relations firm Teneo, will begin the role at the start of May, adding to a portfolio that includes advisory roles at US bank Citigroup and British...
April 18, 2024
Vale SA
Saudi Arabia makes mining bet with stake in Vale’s base metals division
...On Thursday evening Vale also posted a near-80 per cent slump in second-quarter profits compared with a year earlier....
July 28, 2023
Disease control and prevention
Scientists develop simple test to boost cancer detection in poorer countries
...“There are costs — human and economic — associated with overtreatment as well and one needs to consider the diagnostic pathway as a whole.”...
April 22, 2024
Transcript
Transcript: CVC hopes third time’s the charm
...Sonja HutsonSo, Michael, when exactly did the Darién start becoming such a popular route? Michael StottIt’s a new phenomenon, Sonja....
April 16, 2024
Antibiotic resistance
EU approves new antibiotic to tackle rise of superbugs
...As Emblaveo is a combination of two existing antibiotic treatments, aztreonam and avibactam, it would not qualify as a “priority” drug eligible for a voucher....
April 22, 2024

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