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Saudi Metals Deal to Test Canada s New Foreign Investor Rules
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Vale profits disappoint; Saudi Arabia buys stake in base metals unit
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Vale profits disappoint; Saudi Arabia buys stake in base metals unit
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Vale profits disappoint; Saudi Arabia buys stake in base metals unit
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(Bloomberg) Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the global mining industry, agreeing to buy a stake in Vale SA’s base metals unit.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreUS Growth Accelerates to 2.4% on Resilient Consume