Arcelor Mittal
Peabody, ArcelorMittal acquire majority stake in Macarthur Coal
25 Oct 2011
Peabody Energy and ArcelorMittal have completed their takeover of Australia’s Macarthur Coal by securing a majority 59.85-per cent stake in the world's biggest producer of pulverised coal.
China's Citic finally backs Peabody, ArcelorMittal’s Macarthur acquisition
21 Oct 2011
Peabody Energy and ArcelorMittal have moved closer to acquiring Macarthur Coal after Citic Group accepted their $5 billion takeover offer
ArcelorMittal reports net loss of $0.8 billion in Q4 2010
08 Feb 2011
Despite the Q4 loss, primarily due to impairment charges associated with the demerger of its stainless steel business, ArcelorMittal's full year net income stood at $2.9 billion, or $1.93 per share
ArcelorMittal-Nunavut stake in Baffinland reaches 90 per cent
08 Feb 2011
On completion of the deal, Luxemburg-based ArcelorMittal will own 70 per cent of Baffinland and Nunavut will own the remaining 30 per cent
ArcelorMittal spins off stainless steel business
27 Jan 2011
ArcelorMittal to jointly bid with rival Nunavut for Canadian miner Baffinland
15 Jan 2011
In a move that surprised the industry, ArcelorMittal and Nunavut yesterday made a joint cash bid for Baffinlan
ArcelorMittal raises bid for Canada's iron ore miner Baffinland to C$492 million
20 Dec 2010
The latest offer values the Toronto-based Baffinland at C$492 million, representing a premium of 14 per cent to its original bid of C$433 million
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation