|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||2,355.00 - 2,560.00|
|52-week range||2,355.00 - 2,560.00|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
The STX shipyard at Saint Nazaire has seen a turnaround in its fortunes by building cruise ships like the Oasis 4, slated to become the world's biggest
A cruiseliner under construction at the STX shipyards, France's biggest, as Paris and Rome reach agreement on Italian firm Fincantieri taking a controlling stake
As other European leaders still digest Emmanuel Macron's wide-ranging and unashamedly aspirational speech on Europe, the world of industry is presenting the region's economy with facts on the ground. On the continent, Germany's Siemens (BSE: SIEMENS.BO - news) and France's Alstom (LSE: 0J2R.L - news) have agreed to merge their rail operations into a new European champion to ward off a big Chinese rival. Separately, French and Italian leaders are expected today to reach a deal over the ownership of the STX (KSE: 011810.KS - news) shipyards in France.
France and Italy could reach a deal over the STX France shipyards at a meeting of the two countries' leaders on Wednesday, an official at French President Emmanuel Macron's office said. France clashed with Italy in July after ordering a "temporary" nationalisation of STX, cancelling a deal in which Italian state-owned Fincantieri (FCT.MI) and another Italian investor had agreed to buy a 54.6 percent stake.
Italy's Minister of the Economy and Finance Pier Carlo Padoan (R) shakes hands with his French counterpart Bruno Le Maire in Rome on August 1, 2017
Workers move in front of an under-construction cruise ship at the STX Shipyard in Saint-Nazaire, western France, which France plans to temporarily nationalize after failing to agree on a sale with a prospective ...
This sudden manifestation of metal may not have been the only reason for copper's slide below $5,500 for the first time since the beginning of January. Because over recent months LME copper stocks have become a battleground for two competing market narratives. Price signals have become polarised as bear and bull fight it out in the physical market place.
In 2008, South Korea's STX bought a 66.6% stake in a huge naval shipyard in the western French port of Saint-Nazaire, later named STX France and currently the company's only profitable unit
The Seoul Economic Daily said the bidders included Italian shipbuilder Fincantieri, Dutch group Damen and French state-controlled naval shipbuilder DCNS