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UAW said more than 1,000 members of Local 400 voted to approve a new agreement.
2026-07-01
UAW said more than 1,000 members of Local 400 voted to approve a new agreement.
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2026-07-01
China's next refined fuel pricing window opens July 3 at 24:00; the 13th pricing cycle is about 70% complete with three statutory working days remaining. Assessed retail price declines have widened for six consecutive days, increasing from an initial
China's next refined fuel pricing window opens July 3 at 24:00; the 13th pricing cycle is about 70% complete with three statutory working days remaining. Assessed retail price declines have widened for six consecutive days, increasing from an initial ~0.40 yuan/liter cut to more than 0.65 yuan/liter. Downward momentum looks difficult to reverse; Friday night's adjustment is likely to produce a third consecutive price cut this year — the first three-in-a-row drop of the year and the fourth cut overall — potentially pushing retail gasoline back into the 7 yuan/liter band.
2026-07-01
South32 has agreed to sell most of its aluminum assets to Alcoa in a cash-and-stock deal implying enterprise value up to $5.6 bln. The package includes Worsley aluminum (Australia), Hillside aluminum (South Africa), MRN bauxite mines (Brazil) and equ
South32 has agreed to sell most of its aluminum assets to Alcoa in a cash-and-stock deal implying enterprise value up to $5.6 bln. The package includes Worsley aluminum (Australia), Hillside aluminum (South Africa), MRN bauxite mines (Brazil) and equity in a Brazilian aluminum refinery and aluminum smelter. Alcoa will assume about $1.2 bln of remediation and closure liabilities. The transaction is expected to close in H2 2027; South32 plans an approximately $500 mln tax-free special dividend thereafter. Alcoa says the deal should deliver roughly $900 mln NPV of synergies from optimizing complementary assets.
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