Eddie Spence
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Nippon Steel Agrees To Buy US Steel For $14.1 Billion
The deal ends months of uncertainty over the future of US Steel, an icon of American industry, which has been considering bids since it rejected an offer from rival Cleveland-Cliffs Inc. in August.
- Tuesday December 19, 2023
- Author: Joe Deaux, Eddie Spence, Stephen Stapczynski
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Nippon Steel Agrees To Buy US Steel For $14.1 Billion
The deal ends months of uncertainty over the future of US Steel, an icon of American industry, which has been considering bids since it rejected an offer from rival Cleveland-Cliffs Inc. in August.
- Tuesday December 19, 2023
- Author: Joe Deaux, Eddie Spence, Stephen Stapczynski
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Gold Tests Investor Appeal As Fed Prepares To Pivot
Gold is facing a major test of investor appetite as the Federal Reserve commences a long-awaited pivot to rate cuts.
- Thursday December 14, 2023
- Author: Eddie Spence
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Gold Tests Investor Appeal As Fed Prepares To Pivot
Gold is facing a major test of investor appetite as the Federal Reserve commences a long-awaited pivot to rate cuts.
- Thursday December 14, 2023
- Author: Eddie Spence
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ArcelorMittal Names Aditya Mittal CEO, Resumes Dividend Payouts
The new CEO is the son of the founder of the steelmaking giant, Lakshmi Mittal, 70, who takes on the role of executive chairman
- Thursday December 7, 2023
- Author: Eddie Spence, Bloomberg
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Gold Retreats From Record High As Fed Pivot Bets May Be Overdone
Bullion fell as much as 2.5% Monday in New York trading after leaping more than 3% in Asia trading to hit a record $2,135.39 an ounce.
- Tuesday December 5, 2023
- Author: Yvonne Yue Li, Sybilla Gross, Eddie Spence
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Spot Gold Rises To Record On Dovish Fed Remarks
The precious metal surged more than 3% in early trading on Monday, surpassing the previous all-time high it set on Aug. 7, 2020.
- Monday December 4, 2023
- Author: Sybilla Gross, Eddie Spence
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Sodium In Batteries: Shift May Herald Another Shakeup
Sweden’s Northvolt AB said it made a breakthrough with the technology, while Chinese EV maker BYD Co. signed a deal to build a $1.4 billion sodium-ion battery plant.
- Monday November 27, 2023
- Author: Eddie Spence, Annie Lee
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Sodium In Batteries: Shift May Herald Another Shakeup
Sweden’s Northvolt AB said it made a breakthrough with the technology, while Chinese EV maker BYD Co. signed a deal to build a $1.4 billion sodium-ion battery plant.
- Monday November 27, 2023
- Author: Eddie Spence, Annie Lee
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Gold, Copper Rise as Cool US CPI Eases Bets on More Fed Hikes
Gold and copper rose after US inflation came in lower than expected last month, reinforcing the view that the Federal Reserve is done hiking interest rates.
- Wednesday November 15, 2023
- Author: Eddie Spence
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Gold, Copper Rise as Cool US CPI Eases Bets on More Fed Hikes
Gold and copper rose after US inflation came in lower than expected last month, reinforcing the view that the Federal Reserve is done hiking interest rates.
- Wednesday November 15, 2023
- Author: Eddie Spence
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ArcelorMittal Profit Drops As Steel Market Demand Weakens
ArcelorMittal SA’s third-quarter profit fell as steel prices slumped in key markets due to weaker demand.
- Thursday November 9, 2023
- Author: Eddie Spence
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Tata Cancels Press Conference As UK Workers Brace For Job Cuts
Tata Steel canceled a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside thousands of job cuts.
- Wednesday November 1, 2023
- Author: Eddie Spence
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Tata Cancels Press Conference As UK Workers Brace For Job Cuts
Tata Steel canceled a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside thousands of job cuts.
- Wednesday November 1, 2023
- Author: Eddie Spence
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Tata Cancels Press Conference As UK Workers Brace For Job Cuts
Tata Steel canceled a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside thousands of job cuts.
- Wednesday November 1, 2023
- Author: Eddie Spence