Commodities News

Vale CEO Ousted as Brazil Seeks New Blood Before Reorganization

Brazil is moving to cast off the last shackles of government influence at iron-ore giant Vale SA -- but not before replacing the CEO with someone more politically palatable.

Bizarre Oil Trades Pose Menace for OPEC in Its Prized Market (4)

OPEC pumped at will the past two years to defend its turf against rivals. Its recent volte-face has left it contending with additional threats in the world’s biggest oil market.

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