Lakshmi Mittal

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1d
Business Standard India
ArcelorMittal asks investors for $3 billionBillionaire Lakshmi Mittal has committed to maintain his stake and his family w
ArcelorMittal asks investors for $3 billion
Business Standard India / Posted yesterday
Billionaire Lakshmi Mittal has committed to maintain his stake and his family will take up about $1.1 billionArcelorMittal plans to raise $3 billion from investors and sell a $1 billion stake in Spanish... Read more
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1d
The Economic Times
ArcelorMittal to mine stock market after massive lossPARIS: ArcelorMittal said Friday it would ask shareholders for fresh funds, sel
ArcelorMittal to mine stock market after massive loss
The Economic Times / Posted yesterday
PARIS: ArcelorMittal said Friday it would ask shareholders for fresh funds, sell assets and slash costs after falling commodity prices pummelled its performance last year, leaving a gaping hole in its accounts. The world's largest steelmaker... Read more
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1d
The Courier Mail
ArcelorMittal in capital raising after big lossWorld's top steelmaker will issue $US3bn in new shares after $US7bn quarterly l
ArcelorMittal in capital raising after big loss
The Courier Mail / Posted yesterday
World's top steelmaker will issue $US3bn in new shares after $US7bn quarterly loss. ArcelorMittal, the world's largest steelmaker, will issue $US3 billion ($4.23 billion) worth of shares to strengthen its balance sheet as it grapples with a... Read more
17 related stories
1d
dna
ArcelorMittal plans to raise nearly Rs 27,000 crore to cut huge net lossBillionaire Lakshmi Mittal-led ArcelorMittal on Friday said it will raise $3 bi
ArcelorMittal plans to raise nearly Rs 27,000 crore to cut huge net loss
dna / Posted yesterday
Billionaire Lakshmi Mittal-led ArcelorMittal on Friday said it will raise $3 billion (Rs 20,298 crore) from investors and sell $1 billion (Rs 6,766 crore) stake in Spanish auto-part maker Gestamp, to reduce debt after the losses widened 7-fold in... Read more
1d
The Economic Times
ArcelorMittal's losses at $8 bn; to raise $3 bn, cut debtLONDON: Billionaire Lakshmi Mittal-led ArcelorMittal today said it will raise $
ArcelorMittal's losses at $8 bn; to raise $3 bn, cut debt
The Economic Times / Posted yesterday
LONDON: Billionaire Lakshmi Mittal-led ArcelorMittal today said it will raise $3 billion from investors and sell $1 billion stake in Spanish auto-part maker Gestamp, to reduce debt after the losses widened 7-fold in 2015 to $7.9 billion. The world's... Read more
1d
EuroNews
ArcelorMittal share issue to counter falling profits from cheap Chinese steelArcelorMittal has said it will sell $3 billion (2.7 billion euros worth) of new
ArcelorMittal share issue to counter falling profits from cheap Chinese steel
EuroNews / Posted yesterday
ArcelorMittal has said it will sell $3 billion (2.7 billion euros worth) of new shares to help reduce debt and cut costs. The world’s largest steelmaker said it was having to do that because of a plunge in steel prices which it blamed on a surge in... Read more
17 related stories
1d
iol.co.za
ArcelorMittal buys breathing spaceBillionaires are used to controlling their own destiny. But Lakshmi Mittal can
ArcelorMittal buys breathing space
iol.co.za / Posted yesterday
Billionaires are used to controlling their own destiny. But Lakshmi Mittal can only do so much about plunging steel prices. ArcelorMittal, the world's largest steelmaker, said on Friday it will raise $3 billion in in a stock offering, equivalent to... Read more
17 related stories
1d
Zero Hedge
Futures Unchanged, Global Stock Algos Anemic Ahead Of U.S. Payrolls ReportUS futures were largely unchanged overnight, with a modest bounce after the Eur
Futures Unchanged, Global Stock Algos Anemic Ahead Of U.S. Payrolls Report
Zero Hedge / Posted yesterday
US futures were largely unchanged overnight, with a modest bounce after the European close driven by a feeble attempt to push oil higher, faded quickly and as of this moment the E-mini was hugging the flatline ahead of today's main event - the... Read more
1d
The Sault Star
Steelmaker issues shares to fight debtBRUSSELS, Feb 5 (Reuters) - ArcelorMittal, the world's largest steelmaker, laun
Steelmaker issues shares to fight debt
The Sault Star / Posted yesterday
BRUSSELS, Feb 5 (Reuters) - ArcelorMittal, the world's largest steelmaker, launched plans on Friday for a $3 billion share issue to help reduce debt and cut costs, having been hit by a plunge in steel prices which it blamed on a surge in cheap... Read more
17 related stories
1d
Evening Standard
Bank chief says oil price dive is ‘good for UK’One of the most-senior figures at the Bank of England today claimed that the pl
Bank chief says oil price dive is ‘good for UK’
Evening Standard / Posted yesterday
One of the most-senior figures at the Bank of England today claimed that the plunge in oil prices had, overall, been good for the UK economy, even as another of the country’s major industry players announced a dive in profits. That was Lakshmi... Read more
17 related stories
1d
Business Insider
The world's biggest steel maker just lost $7.9 billionTwo huge resources firms reported results on Friday, and you can add both to th
The world's biggest steel maker just lost $7.9 billion
Business Insider / Posted yesterday
Two huge resources firms reported results on Friday, and you can add both to the pile of giants getting crushed by the falling price of raw materials. ArcelorMittal, the world's biggest steelmaker, and BG Group, the FTSE 100-listed oil giant, both... Read more
1d
International Business Times
Steel crisis: ArcelorMittal to raise $1bn from billionaire Mittal family after massive losses The steel crisis has taken another victim. Steel manufacturer ArcelorMittal tol
Steel crisis: ArcelorMittal to raise $1bn from billionaire Mittal family after massive losses
International Business Times / Posted yesterday
The steel crisis has taken another victim. Steel manufacturer ArcelorMittal told investors on 5 February it made an $8bn ($5.5bn, €7.1bn) loss over the full year to 31 December 2015. Sales dropped 19.8% from 2014, the company... Read more
1d
Fortune
World’s Biggest Steelmaker Raising $3 Billion As Profits PlungeArcelorMittal, the world’s largest steelmaker, launched plans on Friday to rais
World’s Biggest Steelmaker Raising $3 Billion As Profits Plunge
Fortune / Posted yesterday
ArcelorMittal, the world’s largest steelmaker, launched plans on Friday to raise $3 billion from a share issue to reduce debt, as it continues to suffer from the Chinese industry’s overcapacity which it says has driven down world... Read more
17 related stories
1d
RTE News
ArcelorMittal in $3 billion share offerArcelorMittal, the world's largest steelmaker, has launched plans to raise $3 b
ArcelorMittal in $3 billion share offer
RTE News / Posted yesterday
ArcelorMittal, the world's largest steelmaker, has launched plans to raise $3 billion from a share issue to reduce debt. The company continues to suffer from the Chinese industry's overcapacity which it says has driven down world... Read more
17 related stories
1d
iafrica.com
Steel price hurts ArcelorMittalThe shadow of Chairman of the Board of Directors and CEO of ArcelorMittal Laksh
Steel price hurts ArcelorMittal
iafrica.com / Posted yesterday
The shadow of Chairman of the Board of Directors and CEO of ArcelorMittal Lakshmi Mittal is pictured prior an Annual General Meeting of shareholders. AFP ArcelorMittal said Friday falling commodity prices pummelled its performance last year, pushing... Read more
17 related stories
1d
IAfrica South African Business News
Steel price hurts ArcelorMittalThe shadow of Chairman of the Board of Directors and CEO of ArcelorMittal Laksh
Steel price hurts ArcelorMittal
IAfrica South African Business News / Posted yesterday
The shadow of Chairman of the Board of Directors and CEO of ArcelorMittal Lakshmi Mittal is pictured prior an Annual General Meeting of shareholders. AFP ArcelorMittal said Friday falling commodity prices pummelled its performance last year, pushing... Read more
17 related stories
1d
The Star
ArcelorMittal launches $3 bln share offer as profits plungeChinese industry's overcapacity has driven down world prices. BRUSSELS: Arcelo
ArcelorMittal launches $3 bln share offer as profits plunge
The Star / Posted yesterday
Chinese industry's overcapacity has driven down world prices. BRUSSELS: ArcelorMittal, the world's largest steelmaker, launched plans on Friday to raise $3 billion from a share issue to reduce debt, as it continues to suffer from the Chinese... Read more
17 related stories
1d
Business Standard India
ArcelorMittal launches $3 billion share issue as profits plungeArcelorMittal, the world's largest steelmaker, launched plans on Friday to rais
ArcelorMittal launches $3 billion share issue as profits plunge
Business Standard India / Posted yesterday
ArcelorMittal, the world's largest steelmaker, launched plans on Friday to raise $3 billion from a share issue to reduce debt, as it continues to suffer from the Chinese industry's overcapacity which it says has driven down world... Read more
17 related stories
1d
Channel NewsAsia
ArcelorMittal plans US$3 billion capital increase as profits slipBRUSSELS: ArcelorMittal , the world's largest steelmaker, launched plans on Fri
ArcelorMittal plans US$3 billion capital increase as profits slip
Channel NewsAsia / Posted yesterday
BRUSSELS: ArcelorMittal , the world's largest steelmaker, launched plans on Friday to raise US$3 billion in fresh capital in a bid to reduce debt in the face of weak steel and mining sectors. The company, twice the size of its nearest rival,... Read more
2 related stories
1d
Market Watch
ArcelorMittal to issue $3 billion in sharesLONDON-- ArcelorMittal, the world's largest steelmaker, said Friday it will iss
ArcelorMittal to issue $3 billion in shares
Market Watch / Posted yesterday
LONDON-- ArcelorMittal, the world's largest steelmaker, said Friday it will issue $3 billion worth of shares to strengthen its balance sheet as it grapples with falling steel prices and excess steel supply globally. The Mittal family, led by Chief... Read more
2 related stories
8d
The Intelligencer and Wheeling News-Register
USW Rallies in Weirton Amid Contract Dialogue"Retiree and active employee health care remains the key issue as we continue t
USW Rallies in Weirton Amid Contract Dialogue
The Intelligencer and Wheeling News-Register / Posted 8 days ago
"Retiree and active employee health care remains the key issue as we continue to negotiate a fair contract for our union and the company. But the company wants to significantly reduce the benefits in our health care plan. We have made progress, but... Read more
9d
Weirton Daily Times
USW holds rally for fair deal"Retiree and active employee health care remains the key issue as we continue t
USW holds rally for fair deal
Weirton Daily Times / Posted 9 days ago
"Retiree and active employee health care remains the key issue as we continue to negotiate a fair contract for our union and the company. But the company wants to significantly reduce the benefits in our health care plan. We have made progress, but... Read more
9d
International Business Times
London property madness: 10-bedroom ruin on sale for £22.5m on Hampstead's Billionaires Row It is a 10-bedroom Victorian mini-mansion set in 1.7 acres of land on the fring
London property madness: 10-bedroom ruin on sale for £22.5m on Hampstead's Billionaires Row
International Business Times / Posted 9 days ago
It is a 10-bedroom Victorian mini-mansion set in 1.7 acres of land on the fringes of the highly sought-after and exclusive Hampstead area of north London. It sits on The Bishops Avenue, known as 'Billionaires Row', where a number of sultans and... Read more
10d
Evening Standard
Dilapidated ten-bedroom mansion on Bishops Avenue on sale for £22.5mA tumbledown Victorian villa with no planning permission has gone on the market
Dilapidated ten-bedroom mansion on Bishops Avenue on sale for £22.5m
Evening Standard / Posted 10 days ago
A tumbledown Victorian villa with no planning permission has gone on the market for an eye-watering £22.5 million. The ten-bedroom Kenmore House, which has vegetation growing through its boarded-up windows, is even described as “delapidated” by the... Read more
12d
The Hindu
Rakul Preet Singh interview: In the big league and loving itRakul Preet Singh is kicked with the response to ‘Nannaku Prematho’ and talks a
Rakul Preet Singh interview: In the big league and loving it
The Hindu / Posted 12 days ago
Rakul Preet Singh is kicked with the response to ‘Nannaku Prematho’ and talks about the making of her part, Divyanka. People have earlier appreciated me on how I look in a film, for instance the ‘Le Chalo’ song in Bruce Lee. It felt good. This is... Read more
15d
The Globe and Mail
Trudeau meets global business elite behind closed doorsPOLITICS BRIEFING By Robert Fife (@RobertFife), Ottawa bureau chief, with the
Trudeau meets global business elite behind closed doors
The Globe and Mail / Posted 15 days ago
POLITICS BRIEFING By Robert Fife (@RobertFife), Ottawa bureau chief, with the Prime Minister in Davos, Switzerland. Prime Minister Justin Trudeau is hosting a luncheon today in Davos, Switzerland, for global movers and shakers titled “A New Chapter... Read more
2 related stories
18d
Evening Standard
10 things everyone will be talking about at Davos 2016It is tricky to reach, but once there the access to business leaders, senior po
10 things everyone will be talking about at Davos 2016
Evening Standard / Posted 18 days ago
It is tricky to reach, but once there the access to business leaders, senior politicians and even Oscars hopefuls is unparalleled. It is incredibly well-choreographed but also hugely informal. It debates the biggest issues of the day while — its... Read more
20d
Daily Mail
Princess Eugenieenjoys EIGHT holidays in 15 monthsBattle of the jet-set princesses: Eugenie challenges Beatrice's holiday record
Princess Eugenieenjoys EIGHT holidays in 15 months
Daily Mail / Posted 20 days ago
Battle of the jet-set princesses: Eugenie challenges Beatrice's holiday record after swanning off EIGHT times in just 15 months Princess has been to Beijing, Coachella and Burma in recent months Celebrated her 25th birthday with lavish Italian meal... Read more

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