US to decide on anti-subsidy tariffs on POSCO this week

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POSCO is nervously waiting for a decision by the U.S. Department of Commerce (DOC) on anti-subsidy tariffs on the Korean steelmaker’s cut-to-length (CTL) plates, March 30. Last September, the DOC calculated a preliminary subsidy rate of merely 0.62 percent for POSCO plates. But the rate may skyrocket in a final...


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Libya's Biggest Port Loading First Oil Tanker Since Clashes

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Libyas biggest oil terminal is loading its first tanker since fighting between armed groups earlier this month halted shipments from two ports in the country with Africas largest crude reserves.


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Tronc cashes out disgruntled investor Oaktree Capital Management

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The buyback comes as Tronc's chairman faces another potential shareholder challenge from Vice Chairman Patrick Soon-Shiong.
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Bruce Berkowitz Buys More Shares Of Sears As Stock Tumbles

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Sears says it may not make it another year and Fairholme Fund increases position


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Deutsche Bank predicts the pound will drop by a fifth

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Deutsche Bank has predicted the pound will fall to as low as $1.06 against the dollar due to Brexit. But it is still pushing ahead with plans to build a new headquarters in London.


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Honeymoon's Over for Peer-to-Peer Lending

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Marriages of convenience with established banks appear to be the future for peer-to-peer lending.


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