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Federal Reserve Chair Kevin Warsh said the Fed will follow the U.S. Supreme Court's ruling.
2026-07-01
Federal Reserve Chair Kevin Warsh said the Fed will follow the U.S. Supreme Court's ruling.
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2026-07-01
South32 has agreed to sell most of its aluminum assets to Alcoa in a cash-and-stock deal implying enterprise value up to $5.6 bln. The package includes Worsley aluminum (Australia), Hillside aluminum (South Africa), MRN bauxite mines (Brazil) and equ
South32 has agreed to sell most of its aluminum assets to Alcoa in a cash-and-stock deal implying enterprise value up to $5.6 bln. The package includes Worsley aluminum (Australia), Hillside aluminum (South Africa), MRN bauxite mines (Brazil) and equity in a Brazilian aluminum refinery and aluminum smelter. Alcoa will assume about $1.2 bln of remediation and closure liabilities. The transaction is expected to close in H2 2027; South32 plans an approximately $500 mln tax-free special dividend thereafter. Alcoa says the deal should deliver roughly $900 mln NPV of synergies from optimizing complementary assets.
2026-07-01
Mercosur and Japan have formally launched negotiations on an Economic Partnership Agreement, seeking to expand market access for agricultural and non-agricultural goods, deepen cooperation and promote two-way investment.
Mercosur and Japan have formally launched negotiations on an Economic Partnership Agreement, seeking to expand market access for agricultural and non-agricultural goods, deepen cooperation and promote two-way investment.
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