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A Russian missile strike hit the ArcelorMittal steel plant in Kryvyi Rih, Ukraine's largest steel facility, resulting in two deaths and 13 injuries. The attack damaged a blast furnace and power units at the plant, owned by Indian billionaire Lakshmi Mittal.
The Progressive Punjab Investors Summit 2026 saw major investment pledges on its first day, with Lakshmi Mittal committing Rs 2,600 crore and JSW announcing a Rs 3,000 crore expansion.
Fenway Sports Group (FSG) appears to be in advanced discussions with a consortium led by Lakshmi Mittal's son-in-law regarding investment in Liverpool FC. Amazon founder Jeff Bezos has also been linked to potential involvement.
ArcelorMittal is at the center of a 'Battle For Steel' in France, becoming a symbol of fears that Europe is losing the industrial foundations crucial to its economic strength. Lawmakers are expressing concern over the company's role in this trend.