TOKYO (Reuters) - A senior Nippon Steel executive told Reuters he is set to meet the United Steelworkers (USW) union chief this month to seek support for acquiring U.S. Steel, expressing confidence the deal can be finalised by the end of September. Gaining their backing could help the world's fourth-largest steelmaker carry the $14.9 billion purchase of its U.S. rival...

SYDNEY/HONG KONG (Reuters) - A group of lenders to China's Country Garden ( CTRYF ) has hired Allen & Overy and Deloitte as advisers, three sources with knowledge of the matter said, as creditors to the embattled developer gear up for possible debt restructuring talks. The hiring by the lenders' group comes as the Foshan-based developer, China's top private property...

DUBAI, March 5 (Reuters) - BP Bunge Bioenergia, the second-largest sugarcane processor in Brazil, is not looking to offload assets, its CEO Geovane Consul said on Tuesday at a sugar conference in Dubai. We had in the past (interest in offloading assets). Today no more, he told reporters on the sidelines of the conference, adding the cash flow generated by...

04:32 AM EST, 03/05/2024 (MT Newswires) -- Elbit Systems ( ESLT ) said Tuesday it expects to book about $52 million in non-cash charges in Q4 2023 related to the closure of an underperforming subsidiary. The charges consist of approximately $34 million related to an uncollectible balance of contract assets, and about $18 million related to restructuring. The company plans...