Sunday , 21 December 2025

Recent Posts

Hindustan Zinc weighs expansion

  Bloomberg Hindustan Zinc, a unit of billionaire Anil Agarwal’s Vedanta, is considering expanding overseas as a way to profit from growth opportunities in Europe. “There is a strategic thought that we could venture into the international market,” Hindustan Zinc Chief Executive Officer Arun Misra said in a phone interview. “Europe provides us with an opportunity, the make or break …

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Alcoa warns 20% of aluminum capacity is unprofitable

  Bloomberg Alcoa Corp warned that surging costs around the globe have rendered as much as 20% of aluminum-production capacity unprofitable. Despite rising worldwide aluminum demand, Alcoa will be pinched by escalating costs for energy and raw materials, Chief Executive Roy Harvey said during a call with analysts. “Based on June’s average prices, we estimate that between 10% to 20% …

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Airbus bags mainstay jet deal after lackuster expo

Bloomberg The first all-new order for Airbus SE’s mainstay A320 jet of this week’s Farnborough International Airshow was distinctly lacking in the hoopla that usually accompanies deals unveiled at the world’s leading aviation expo. The $2 billion transaction from Latam Airlines Group SA of Chile was communicated by email at the show in the UK, when most show delegates were …

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