NEW YORK - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. | Video
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
China Molybdenum aims to raise $575 million in share offer
SHANGHAI (Reuters) - China Molybdenum Co Ltd (3993.HK), a major Chinese producer of tungsten and molybdenum, aims to raise 3.646 billion yuan ($575 million) in a share offer on the Shanghai Stock Exchange, it said in a share issue prospectus on Monday.
China Molybdenum plans to issue up to 542 million A-shares denominated in the yuan, or up to 10 percent of its expanded share capital, to build new projects, it said in the prospectus published on the exchange's website, www.sse.com.cn.
Book building will start on Tuesday and an issue price will be decided on September 20, it said.
(Reporting by Lu Jianxin and Pete Sweeney; Editing by John Mair)
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