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Industry, Materials & Utilities Headlines

Vale needs 54 pct shareholder approval for share conversion

SAO PAULO, Feb 20 At least 54 percent of holders of Vale SA's preferred shares must approve a proposal by the company's controlling bloc to transform their stock into common shares, executives at the world's largest iron ore producer said on Monday.

Poland - Factors to Watch Feb 20

Following are news stories, press reports and events to watch that may affect Poland's financial markets on Monday. ALL TIMES GMT (Poland: GMT + 1 hour):

Top Vale shareholders plan to end holding company -report

RIO DE JANEIRO, Feb 19 The largest shareholders of Vale SA have decided to dissolve an investment holding company through which they controlled the world's biggest iron ore producer for 20 years, newspaper O Globo reported on Sunday.

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Outspoken general named Trump's top security adviser

WEST PALM BEACH, Fla./WASHINGTON U.S. President Donald Trump on Monday named Lieutenant General Herbert Raymond McMaster as his new national security adviser, choosing a military officer known for speaking his mind and challenging his superiors.