Your Daily Brief For August 15th

Your Daily Brief For August 15th

4 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at US Steel, which just rejected a takeover bid.

"American steel player Cleveland-Cliffs made an offer to buy rival US Steel in a deal worth over $7 billion – but the latter turned it down, instead launching a process to review its options."

Key takeaways:

  • US Steel turned down a takeover offer from its rival – but that might not be the end of the story
  • Russia’s ruble is looking pretty rundown


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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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