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Asarco buy: Sterlite may retaliate legally

Sterlite Industries, the flagship firm of London-listed Vedanta Resources, may consider legal action if the bankruptcy court favours Grupo Mexico's counter-offer of $4.1 billion for Asarco, the US......

Global firms bid to supply wheat to India

Seven global companies are in the fray for supplying over one million tonnes of wheat to India. The State Trading Corporation of India had invited bids from global firms to supply over one million......

Global bidders for wheat supply to India

Oil jumps on Canadian wildfire, Libyan fighting

Prices are sustainable and not just driven by speculative gains Oil prices jumped by more than one percent in early trading on Thursday as a huge wildfire in Canada disrupted its oil sands......

Marc Rich, 'King of Oil', dies at 78

Billionaire Marc Rich, who invented oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died on Wednesday in Switzerland aged......