Startup Funding

Steel Dynamics, SGH Make $8.8 Billion Bid for BlueScope

US steelmaker Steel Dynamics Inc. and Australian conglomerate SGH Limited made a joint A$13.14 billion ($8.8 billion) takeover offer for BlueScope Steel Ltd., helping the American company grow its presence in midwestern states.

Industry Trends

Jefferies Pushes to Question First Brands Founder Under Oath

Jefferies Financial Group is pressing to question First Brands founder Patrick James under oath, saying the former chief executive officer potentially invoking his Constitutional right against self-incrimination doesn’t mean he can avoid an upcoming deposition.

Startup Funding

Waaree Energy Storage Solutions raises ₹1,003 crore

The latest fundraise is part of the ₹10,000-crore capital expenditure plan aimed at setting up of a 20 GWh advanced, lithium-ion cell and battery pack manufacturing plant, the company said in a statement

Government Jobs

Brazil Audit Court Orders Probe Into Liquidation of Banco Master

A member of Brazil’s audit court ordered an investigation of the central bank’s procedures that were used to liquidate Banco Master SA, a move that risks undermining the legal certainty of the bank’s regulatory rulings in Latin America’s largest economy.

Industry Trends

Top Soy Traders Exit Pact That Protects Amazon Forests

A group representing some of the world’s largest soybean traders is exiting a landmark deal created in Brazil to protect the Amazon against deforestation, according to a statement issued Monday.