Trump supports Nippon Steel's bid for US Steel

WASHINGTON, May 25 (Reuters) US President Donald Trump on Friday expressed support for Nippon Steel's $14.9 billion bid for US Steel, saying their "planned partnership" would create jobs and help the American economy.Shares of US Steel soared 21% as investors interpreted Trump's post on Truth Social to mean Nippon Steel...

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Aramco considers asset sales to free up funds

DUBAI/NEW YORK, May 25 (Reuters): Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices.Aramco is the world's largest oil-producing company and the main source of Saudi...

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Coffee hits one-month low, cocoa down more than 10pc

NEW YORK, May 25 (Reuters): Arabica coffee futures on ICE dipped to a one-month low on Friday, depressed by an improving outlook for the harvest in top producer Brazil, while cocoa prices fell sharply.There will be no trading for arabica coffee, raw sugar and New York cocoa on Monday due...

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