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Liberty House to bid for Oz Arrium assests

  Bloomberg Liberty House Group is among bidders to have submitted an offer for the steel and iron ore assets of Australia’s Arrium Ltd., according to people with knowledge of the process. The London-based steelmaker and metals trader made a non-binding proposal, the people said, requesting anonymity as the details are private. Liberty House faces competition, including from private equity ...

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EU trade deal has Canada’s food exporters salivating

  AFP Canadian food exporters at a major trade fair in Paris fear a last minute dispute will spoil a free trade deal between Canada and the European Union. Having taken years to negotiate, some producers voiced impatience for the deal to now be finally sealed; others simply fail to see why anyone would reject it. Barring a few sensitive ...

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Shale drillers going ‘long’ in the oil patch

  Bloomberg Long is the new deep. Just ask SM Energy Co., which on Tuesday spent $1.6 billion to expand its acreage in America’s most prodigious oil patch, the Permian Basin. The unique geologic makeup of the Permian, consisting of multiple layers of oil- and gas-trapping shale that span hundreds of miles, is well suited for a technique that’s allowing ...

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