ABU DHABI/WAM The UAE’s Zayed Sustainability Prize, a pioneering global award that has transformed the ...
Read More »China steelmaker defaults after chairman’s death
Beijing / Bloomberg A Chinese steelmaker whose chairman was found dead by hanging last month defaulted on bonds a second time in two weeks. Dongbei Special Steel Group Co., based in the northeastern city of Dalian, said it missed payment on 1.01 billion yuan ($156 million) of principal and interest on notes due Tuesday, according to a statement posted on ...
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