basic materials

Saudi Aramco 2222 2.12% approached Valvoline Inc. VVV 12.42% about a potential takeover of its lubricants…

Glencore GLNCY 0.70% PLC is set to settle long-running U.S. corruption investigations on Tuesday, finally resolving criminal probes into its global mining and…

Startups marketing alternative crop fertilizers said they are gaining traction among U.S. farmers and investors, pitching themselves as a potentially cheaper option as prices for traditional fertilizers surge.Companies such as Pivot Bio,…

As China tries to restart manufacturing in areas hit by Covid-19 lockdowns, companies are discovering that reopening their factories is not so simple. Still, resumption is gradual—the company said its plant is operating at less than full…

Steelmakers said demand is rebounding after a slump earlier this year, driven by booming construction and heavy equipment industries, and slowly expanding automotive production.Despite higher raw materials costs triggered by Russia’s…

Lithium is a key component of rechargeable batteries, and developing domestic supply is seen as an important step in a broad push for the U.S. to transition to alternative energy sources. In February, the Biden administration unveiled plans…

Activist hedge fund Starboard Value LP’s efforts to gain a presence on the board of chemical producer Huntsman Corp. HUN -11.07% have failed. Starboard,…

Steel and mining giant Severstal PAO said Citigroup Inc. has frozen interest payments to investors in the company’s bonds, setting up what would likely be the first debt default by a major Russian issuer since…

WASHINGTON—The U.S. and U.K. struck a trade accord Tuesday that will remove U.S. tariffs on British steel and aluminum, while the U.K. will lift levies on American whiskey, motorcycles and tobacco. Biden…

A lockout or possible strike action at Canadian Pacific would strand large volumes of shipments of commodities and…