China in auto power play
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu. Commentary
Russia's Mechel considers bid for Oriel Resources
LONDON (Reuters) - Russian miner and steel maker Mechel (MTL.N) (MTLR.RTS) said on Monday it was considering making an offer for Oriel Resources OLR.L ORL.TO, a London-listed miner with chrome assets in Russia and Kazakhstan.
"This process is at an early stage and there can be no certainty that any offer will ultimately be forthcoming," it said in a statement.
(Reporting by Miyoung Kim; Editing by Marc Jones)
