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VW may use Ford’s plants for US expansion, says CEO

Bloomberg Volkswagen AG, trying to win over German car-bashing President Donald Trump at the White House, dangled ideas to expand US auto production and said it may tap Ford Motor Co to help build its cars in America. Chief Executive Officer Herbert Diess said VW has considered adding a second plant in the US, even though the company isn’t fully ...

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Copper deals to get elusive after Teck’s $1.2bn stake sale

Bloomberg The global hunt for high-quality, low-risk copper assets that are ready for construction is about to get tougher after Teck Resources Ltd sells a stake in one of the few deals available. Sumitomo Corp and Sumitomo Metal Mining Co agreed to pay $1.2 billion for 30 percent of the Compañia Minera Teck Quebrada Blanca SA project in nor-thern Chile. ...

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Caterpillar drops over trade truce concerns

Bloomberg Caterpillar Inc fell the most in six weeks as skepticism over claims of a US-China trade truce reignited demand concerns that have put the stock on course for its worst year since 2015. Shares fell as much as 6.6 percent, the biggest intraday decline since October 23, when the mining- and construction-equipment maker repeated its warning about rising costs ...

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