Arcelor: less global demand for steel
The world's largest steel producer, ArcelorMittal, expects global steel production to be flat in 2015. Kirsty Basset reports.
The world's largest steel producer, ArcelorMittal, expects global steel production to be flat in 2015. Kirsty Basset reports.
July 31 (Reuters) - Many wealthy people struggle to talk to their children about how much money they have. What if they divulge too much and the kids blab about it on social media? What if they share too little and the children are overwhelmed by an inheritance?
MOSCOW, July 31 (Reuters) - Russia's central bank cut its key interest rate by 50 basis points to 11 percent on Friday, as expected, citing a cooling economy that it said outweighed inflation risks.
LONDON, July 31 (Reuters) - OPEC oil output reached the highest monthly level in recent history in July, a Reuters survey found on Friday, as Saudi Arabia and other key members show no sign of wavering in their focus on defending market share instead of prices.
* East African Breweries FY pretax profit up 36 pct (Recasts to focus on Tanzanian investment, adds details)
LONDON (Reuters) - Prime Minister David Cameron drew up plans to help France tackle a spike in attempts by migrants to enter Britain illegally via the Channel Tunnel, but warned there was no quick fix.
LONDON (Reuters) - Prime Minister David Cameron drew up plans to help France tackle a spike in attempts by migrants to enter Britain illegally via the Channel Tunnel, but warned there was no quick fix.
LONDON (Reuters) - Prime Minister David Cameron drew up plans to help France tackle a spike in attempts by migrants to enter Britain illegally via the Channel Tunnel, but warned there was no quick fix.
ADEN/SANAA (Reuters) - Southern Yemeni fighters backed by a Saudi-led air coalition took more territory from Houthi militiamen on Friday, expanding their control around the port city of Aden, sources in the southern force said.
After robust Spanish GDP numbers, German retail sales record their strongest first-half increase in at least 20 years. Is the euro zone finally on the path to full recovery? David Pollard reports.
After robust Spanish GDP numbers, German retail sales record their strongest first-half increase in at least 20 years. Is the euro zone finally on the path to full recovery? David Pollard reports.
** Reports lower-than-expected Q2 profit as falling oil prices hurt results
GENEVA (Reuters) - Initial results from an Ebola vaccine trial in Guinea are "exciting" and "promising" and suggest the shot could help bring an end to West Africa's epidemic, World Health Organization director general Margaret Chan said on Friday.
GENEVA (Reuters) - Initial results from an Ebola vaccine trial in Guinea are "exciting" and "promising" and suggest the shot could help bring an end to West Africa's epidemic, World Health Organization director general Margaret Chan said on Friday.
TUNIS (Reuters) - Tunisia has extended its state of emergency for two more months, the presidency said on Friday, in a security crackdown launched after an Islamist militant shot dead 39 people at a seaside tourist hotel in June.
KUALA LUMPUR (Reuters) - Lausanne, the Swiss city where the International Olympic Committee (IOC) is based, was chosen on Friday to host the 2020 Winter Youth Olympics.
LONDON (Reuters) - U.S. equities' share in global portfolios fell to the lowest in at least five years and U.S. bond allocations were also cut as nervous investors started readying themselves for the first Federal Reserve rate rise in almost a decade.
LONDON (Reuters) - British investors bumped up their stock bets by the most in a year in July and pulled out of cash, a Reuters poll found, after a deal to keep Greece in the euro stoked investors' appetite for riskier assets.
LONDON (Reuters) - British investors bumped up their stock bets by the most in a year in July and pulled out of cash, a Reuters poll found, after a deal to keep Greece in the euro stoked investors' appetite for riskier assets.
LONDON (Reuters) - European investors, jittery over China's economic health and reverberations of the euro zone crisis, kept cash allocations near three year highs but lifted exposure to European assets as immediate concerns over the Greek crisis subsided.
DUBLIN, July 31 (Reuters) - Irish aircraft leasing firm Avolon said on Friday it was considering an unsolicited takeover bid of $31 per share from China's Bohai Leasing Co Ltd , which would value the firm at over $2.5 billion.
TBILISI, July 31 (Reuters) - Georgian President Georgy Margvelashvili on Friday vetoed a widely-criticised bill that would strip the central bank of its supervisory functions over the banking sector.
RIO DE JANEIRO (Reuters) - Brazil's largest-ever corruption scandal threatens to slow down preparations for the Olympic Games in Rio de Janeiro next year as it engulfs construction companies responsible for the lion's share of projects worth around $12 billion.
** Shares of the world's largest publicly traded oil company down 2.2 pct at $81.20 premarket
WASHINGTON (Reuters) - The United States and its allies hit Islamic State forces with 41 air strikes in Iraq and Syria on Thursday, concentrating the attacks on the Syrian city of Deir ez-Zor, a joint command statement said on Friday.
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