German heavy industry giant Thyssenkrupp said Tuesday it is buying out its Brazilian partner Vale in the Brazilian steel mill CSA to become sole owner.
"Thyssenkrupp is streamlining the ownership structure of the Brazilian steel mill Thyssenkrupp CSA (CSA) and purchasing all the shares currently held by Vale," or 26.9 percent, the German group said in a statement.
"Thyssenkrupp willRead more
The Chief Secretary for Administration of Hong Kong Carrie Lam Cheng Yuet-ngor received here today the outgoing UAE Consul General Ahmed Nasser Al Khaja.
The meeting discussed achievements of the UAE General Consulate during the past four years, including strengthening UAE's economic, commercial and investment cooperation with Hong Kong, as well as signing of the agreements, such as the avoidanceRead more
Two Chinese swimmers who tested positive for performance-enhancing drugs have been given only warnings as a result, the national swimming body said as the World Anti-Doping Agency investigates an alleged cover-up.
The pair, Wang Lizhuo and An Jiabao, tested positive for muscle-building drug clenbuterol, the China Swimming Association (CSA) said in separate statements on its website.
"A warning will beRead more