Brazilian Vale sees deficit explode

Brazilian Vale has increased its deficit big-time, according to the company's fourth quarter interim report 2015. Still, the results surpass analyst expectations on the top and bottom lines.

BY RITZAU FINANS

Brazilian mining giant Vale has increased its deficit significantly, according to the company's interim report for the fourth quarter 2015. Still, the report surpasses analyst expectations on the top and bottom lines.

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Brazilian Vale sees deficit explode

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Mining major Fortescue maintains high production

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

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Kuehne+Nagel triggers unrest among staff with new management structure

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs