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Lakshmi Mittal

  • RPT-After 125 years, Alcoa looks beyond aluminum Friday, 27 Jun 2014 | 7:01 AM ET

    June 26- Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.

  • After 125 years, Alcoa looks beyond aluminum Thursday, 26 Jun 2014 | 6:39 PM ET

    June 26- Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.

  • NEW YORK, June 17- The Italian government has asked ArcelorMittal SA to consider investing in or buying troubled Italian steel producer Ilva, the chief executive officer of the world's largest steelmaker said on Tuesday.

  • BRUSSELS, May 9- ArcelorMittal, the world's largest steelmaker, trimmed its forecast for global steel use on Friday due to a more pronounced slowdown in China and a decline in Russia, though it retained optimism about its core European and U.S. markets.

  • PARIS/ NEW YORK, April 24- Alstom said on Thursday it was not informed of any potential public tender offer for its shares, which opened 17 percent higher after Bloomberg reported that General Electric was in talks to buy the French turbine and train maker for about $13 billion.

  • *He stopped Yahoo buying French online video-sharing firm. PARIS, April 2- Leftist Arnaud Montebourg, known for attacking big business and the European Commission, reaped a political harvest on Wednesday when he was put in charge of an enlarged economy and industry ministry in a choice that may unnerve Brussels and Berlin.

  • Speak up, top French advisor tells women in business Friday, 7 Mar 2014 | 12:25 PM ET

    LONDON, March 7- The first time Anne Meaux met Indian billionaire Lakshmi Mittal he laughed at her. The incident was an early example of an ability to tell unpalatable truths to powerful people that has since propelled Meaux to the position of France's top PR advisor.

  • Batista vies for biggest loser as $34 billion vanishes Monday, 28 Oct 2013 | 12:41 PM ET
    Eike Batista

    Eike Batista declared in 2011 that he would soon become the richest man in the world. Instead, he may become known for the largest personal-wealth loss.

  • *Proposes dividend of $0.20 from 2013, vs $0.75 in 2012. BRUSSELS, Oct 31- ArcelorMittal, the world's largest steelmaker, plans to slash its dividend and focus on cutting debt after slowing demand from China and sluggish European markets drove it to a third-quarter loss.

  • BRUSSELS, Oct 31- ArcelorMittal, the world's largest steelmaker, said it would slash its dividend and focus on cutting debt after slowing demand from China and sluggish European markets drove it to a third-quarter loss.

  • Oct 4- Rupert Murdoch conceded defeat this week in his battle with Google and the Internet, an adversary even more powerful than the British government. Coincidentally, News Corp, Murdoch's holding company, announced the departure of its chief digital officer, Jonathan Miller.

  • *ArcelorMittal will look to move workers to new jobs. By Vincent Kessler FLORANGE, France, Oct 1- Steelmaker ArcelorMittal.

  • French workers occupy plant as Arcelor decides fate Monday, 1 Oct 2012 | 4:45 AM ET

    FLORANGE, France, Oct 1- Workers occupied the site of two idle ArcelorMittal steel furnaces in northeastern France on Monday as management and unions met in Paris to decide the fate of a plant that has become a symbol of the country's industrial decline.

  • 'I Got Zucked!'—Sudden Wealth Losses Of the Rich Tuesday, 22 May 2012 | 11:32 AM ET
    Aubrey McClendon, CEO of Chesapeake Energy Corp.

    While Mark Zuckerberg’s daily wealth gyrations may be new, the phenomena of sudden wealth loss is not.  It is now part of the world of wealth, where a growing number of personal fortunes are made and lost in the volatile stock market.

  • Daughter Heirs-Apparent of Mega Moguls Monday, 10 Oct 2011 | 11:55 AM ET
    In today’s world of business, daughters are just as likely as sons to be the heir-apparent to the family business. From North America to Europe to Asia, there’s a generation of heir apparents with the skills and experience to run some of the world’s most high-profile firms. All of these women could probably make it without help from ‘Daddy.’ They’re smart and savvy, have earned world-class degrees, and are business leaders in their own right. More important, they have a major stake in the family

    In today’s world, daughters are just as likely as sons to be the heirs-apparent to the family business. Find out who they are.

  • CEO Dads and Their Executive Kids Thursday, 16 Jun 2011 | 4:43 PM ET
    For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. It offers the same satisfaction as helping a child get a leg up in life, bit it also offers the tempting possibility of the family business surviving after dad retires. This holds true whether the business is a feed store, a bait and tackle shop, or a multinational conglomerate.Click ahead and see the CEO dads whose kids hold executive positions in their companies

    For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. Here are some CEO dads whose kids hold executive positions in their companies.

  • New Role Puts Mittal Son in Line for Top Job Tuesday, 24 May 2011 | 10:31 PM ET
    Lakshmi Mittal (L), the chairman and chief executive officer of the world's largest steel company, ArcelorMittal, with his son Aditya Mittal (R), who is the chief financial officer.

    Aditya Mittal has taken charge of ArcelorMittal’s biggest and most problematic unit in a move seen by analysts as paving the way for him to eventually succeed his father, Lakshmi, as chief executive of the world’s biggest steelmaker. The FT reports.