Italian steel plant demands €7bn in damages from ArcelorMittal
State-appointed administrators file complaint to Milan court about ‘mismanagement’ of the Taranto site by former owner
Economic news
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Gold hits record high and dollar weakens on Fed independence worries
Long-term inflation expectations tick up after US prosecutors launch criminal investigation into chair Jay Powell
In charts: why Rio Tinto and Glencore are in talks about a megamerger
The proposed $260bn tie-up would create the world’s biggest copper producer at a time of soaring demand for the metal
Hargreaves Lansdown hires Vanguard executive as new boss
Matt Benchener to replace Richard Flint as boss of UK’s biggest ‘DIY’ investment site
Pentagon invests $150mn in US gallium company to secure strategic supplies
Equity stake in Atlantic Alumina Co is part of drive to counter Chinese dominance of critical metal supply chains
Gold surges to record on worries over Fed independence
Dollar weakens after US prosecutors launch criminal investigation into chair Jay Powell