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...British Steel said the “process is ongoing to finalise detailed plans as per scheduled timescales”....
...His appointment followed a rigorous process, including a detailed assessment of compensation that was based on a range of factors....
...The ship, which was carrying a cargo of steel products and trucks from the Chinese port of Lianyungang to Jeddah in Saudi Arabia and Aqaba in Jordan, was flying the flag of Barbados....
...to LPs by improperly billing hundreds of thousands of personal expenses....
...“By restructuring our UK operations, we will be able to sustain the business as we transition to new electric arc furnace technology,” it said....
...How fast can you build a new data centre and will you need that over time — that is an impossible problem to solve.”...
...“We are progressing through the regulatory review, including Cfius, while trusting the rule of law, objectivity and due process we expect from the US government,” Nippon Steel said....
...Yet he is as inspired by the steel plant’s “geological process — lava bursting from the core, like massive witches’ cauldrons”....
...One sector in particular has become a hot new hunting ground: accountancy firms....
...Even as fundraising slows from its white-hot pace, large managers are still pulling in billions of dollars a quarter to make new loans....
...Investment bank JPMorgan is advising on the deal and has invited bids, said people familiar with the process....
...The ability to process large volumes of data is particularly important in the fast-growing area of power trading, where the regulated nature of electricity markets produces large amounts of information....
...And we will certainly be back at COP29 with new developments on carbon measurements. Jean-Marie Paugam Deputy Director-General World Trade Organization, Geneva, Switzerland...
Best-performing managers’ punchy bets on stock markets paid off in 2023
...Tata plans to replace them with one electric arc furnace, which uses a less labour-intensive process to make steel from scrap....
...Even then, he noted, to convert all Europe’s primary (meaning non-recycled) steel production to the green hydrogen-based process would require a vast amount of new renewable energy: roughly the same as the...
...an address in Westchester County, New York....
...Nippon Steel was advised by Citigroup, while US Steel was advised by Goldman Sachs and Barclays. Additional reporting by Taylor Nicole Rogers in New York...
...“We look forward to engaging in dialogue with and seeking the understanding of relevant stakeholders throughout the process, including government authorities,” it added on Friday....
...In our view, a spate of technological breakthroughs is in the process of transforming not only the global economy but also financial markets....
...The sprawling site on the River Mersey can process up to 500,000 cars a year and sends about 1mn tonnes of recycled steel annually to customers around the world....
...Shleifer’s departure was one reason that Tiger’s new fund did not close sooner, according to the person familiar with the process. “The fund hasn’t been marketed to investors in six months....
...The company appointed chief investment officer Greg Davis as president and said its board was conducting a search process for a new CEO....
...Rising public equity market valuations and demand from credit funds to make new loans are fuelling a recovery in activity....
...It sold off several of its other European steel plants to secure a green light from EU’s competition authority....
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