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Jordan votes in election tipped to see return of Islamists

  Amman / AFP Jordanians voted on Tuesday in an election that could see opposition Islamists re-emerge as a major parliamentary force in the key Western ally. The focus will be on turnout and the performance of the Islamic Action Front (IAF), the political arm of Jordan’s Muslim Brotherhood. Experts expect the party to clinch around 20 seats in the ...

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Two top China steelmakers merge to combat glut

  Shanghai / AFP Two of China’s top steelmakers announced plans Tuesday to merge,creating the world’s second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world’s second largest economy is trying to overhaul its lumbering state sector and especially its steel industry, by using mergers and restructuring to cut chronic overproduction and create ...

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India defies world losses with steel output expansion

  Bloomberg At a time when a surplus is forcing steel mills to close around the world, India’s debt-laden producers are ramping up to supply more of the metal than ever. Steel Authority of India Ltd., Tata SteelBSE 1.02 % Ltd. and JSW SteelBSE -0.69 % Ltd. — which all posted losses last year — are targeting record output in ...

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