SHANGHAI (Reuters) - Higher U.S. tariffs on medical gloves, syringes and face masks from China are unlikely to make U.S. producers more competitive, as other low-cost suppliers are expected to rush in to fill the gap, industry executives said. Earlier this month, Washington announced steep tariff hikes on an array of Chinese imports including medical goods as part of a...

May 28 (Reuters) - Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in its initial public offering in the United States, the aluminum products maker said on Tuesday. The U.S. IPO market has shown positive indications of a turnaround in 2024, after two sub par years, on hopes of...

May 28 (Reuters) - Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, is aiming to raise up to $945 million in its U.S. initial public offering, the aluminum manufacturer said on Tuesday. ...

BRUSSELS, May 28 (Reuters) - EU competition regulators on Tuesday approved a 1.4-billion-euro ($1.52 billion) joint hydrogen project funded by seven EU countries and a separate 1-billion-euro ($1.1 billion) joint healthcare project funded by a group of six EU countries. Estonia, France, Germany, Italy, Netherlands, Slovakia and Spain will provide up to 1.4 billion euros in public funding, for the...