MELBOURNE (Reuters) -Australia's Fortescue reported its smallest full-year profit in six years, in line with analyst estimates, on Tuesday and lowered its dividend payout while reaffirming its commitment to its green division after refocusing its growth strategy. The world's fourth-largest iron ore miner logged its lowest profit and dividend since before the COVID-19 pandemic, in line with its rivals, as...

Aug 26 (Reuters) - A fire at Russia's Novoshakhtinsk refinery in the southern Rostov region was extinguished on Tuesday morning, acting governor of the region, Yury Slyusar, said on the Telegram messaging app. The fire, sparked by a Ukrainian drone attack, had been burning since Aug. 21. ...

* South Korean President Lee promotes $150 billion US shipbuilding investment * Hanwha plans up to $5 billion expansion at Philly Shipyard * Legal hurdles to foreign involvement in US shipbuilding remain * Shipbuilding key to South Korean investment promises to limit US tariffs By Joyce Lee SEOUL, Aug 26 (Reuters) - South Korean President Lee Jae Myung is leaning...

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