Kazakhstan is finalizing the acquisition of ArcelorMittal SA’s local business, which was rocked on Saturday when dozens of workers died in an underground coal mine fire.
The state-owned ports and freight rail operator has declared a force majeure after workers started a strike over wages, the third time Transnet has taken this drastic measure since July last year.
The Rhine River is set to become virtually impassable at a key waypoint in Germany, as shallow water chokes off shipments of energy products and other industrial commodities along one of Europe’s most important waterways.