Corus gives Brazil firm more time
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Steel group Corus is delaying a planned shareholder meeting to give Brazil's CSN more time to consider a takeover bid.
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LISBON -- The European Union invited Brazil yesterday to join a small group of strategic partners in what the Brazilian president, Luiz In&#xE1;cio Lula da Silva, said would revive a historic relationship.
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Anglo-Dutch steelmaker Corus has reported a profit for the first time since it was formed in 1999. Surging steel prices have helped the company lift earnings, and it has cut jobs and sold a number of businesses.
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David Coulthard starts his 150th and final race for McLaren today, hoping that Brazil is not also his farewell to Formula One. &quot;There is no denying that Brazil will be
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Japanese steel maker Nippon Steel Corp.  and Brazilian mining giant Companhia Vale do Rio Doce  said on Monday they had agreed to strengthen their strategic alliance and were considering further projects together such as the joint development of coal and iron ore.
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Anglo-Dutch steelmaker Corus said it had accepted a revised take-over bid from Tata Steel of India worth 5.7 billion pounds including debt (8.4 billion euros, 11.1 billion dollars).
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Tata Steel of India has out-bid its Brazilian rival CSN in an auction to take over the Anglo-Dutch steelmaker Corus with a bid of 608 pence per share, the Takeover Panel has said.
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BRASILIA, Brazil  - Brazil said on Wednesday itgot a go-ahead from the U.N. nuclear watchdog to crank up itsuranium enrichment plant this year after months of negotiationsover access for nonproliferation inspectors.
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Corus Group Plc, the UK&#39;s biggest steelmaker, reported its first profit and said earnings will rise in the second half because of higher steel prices and cost cutting by Chief Executive Officer Philippe Varin.
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It looks like the big lady has sung -- Corus Group will go to the Brazilians.
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Our South American neighbor expands its production of ethanol and biodiesel. Partnering with Brazil would benefit the economy of a democracy and clean our skies. In Autopia.
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BRASILIA (Dow Jones)--Thirty years after establishing diplomatic relations and a decade after forging a &quot;strategic partnership,&quot; Brazil and China are getting serious about doing business.
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RIO DE JANEIRO, Brazil  - Brazil could reach a  deal within 30 days that would resolve a dispute over nuclear  nonproliferation inspections following a visit by U.N. experts  to the country's new uranium enrichment plant this week,  Brazilian officials said on Wednesday.
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Brazilian steel maker CSN raised the stakes yesterday in the takeover war for Britain's Corus Group PLC with a $9.6 billion bid that topped a sweetened offer by Tata Steel of India.
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LONDON/MUMBAI  - Brazilian steelmaker CSN has agreed to buy Anglo-Dutch rival Corus Group for 4.9 billion pounds ($9.6 billion) in cash, trumping an offer agreed only hours earlier with India's Tata Steel.
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RIO DE JANEIRO, Brazil  - Brazil's uraniumenrichment plant in Resende will start working before the endof the year after getting a go-ahead from the United Nations'nuclear watchdog, the country's Science and Technology Ministersaid on Wednesday.
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India's Tata Steel  raised a  bid for Anglo-Dutch steelmaker Corus  to an agreed 4.7  billion pounds ($9.2 billion) on Sunday as it seeks to head off  a potential counterbid from Brazil's CSN .