Singapore consortium secures $850m for South32’s Australian coking coal
South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.
Vale (NYSE: VALE) said workers around the globe and third-party service providers in administrative roles would start working from home amid the health crisis caused by the coronavirus pandemic.
Vale said as of Monday 1,800 employees at its Rio de Janeiro headquarters would begin to work from home. The company added the home office measures are also in effect in Toronto while offices in China, Japan, Singapore and Switzerland are also affected.
According to Vale, this is a preventive measure, with the objective of ensuring the safety of employees and society.
Vale has about 110,000 employees around the world.
(By Marta Nogueira and Ana Mano; Editing by Louise Heavens)
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