BHP, Vale Offer Brazil $25.7 Billion Payment for Dam Disaster
Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex.
Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex.
Boeing Co. raised $10 billion from a bond sale on Monday that attracted about $77 billion of orders and allowed the planemaker to ease some of its financial strains by refinancing part of its massive debt load.
BHP Group Ltd.’s proposal for Anglo American Plc to spin off platinum and iron ore subsidiaries ahead of a takeover would likely require approval from South African regulators, according to a government agency.
Reinold Geiger, the billionaire owner of L’Occitane International SA, wants to take the skin-care company private in a move that could end its 14-year run on the Hong Kong stock exchange.
Chinese markets are abuzz with talk that the central bank is about to start buying government bonds. The People’s Bank of China itself is grappling with a different problem: too many other people seem eager to buy them.
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