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Thyssenkrupp, Jindal Steel to deepen TKSE due diligence next week, sources sayThyssenkrupp, the prominent German steel manufacturer, is now extending financial access to its steel operations to the Indian firm Jindal ...
Jindal in 'intensive' talks with Thyssenkrupp for steel unit buyIn a strategic move, Thyssenkrupp is actively engaging with Jindal Steel International regarding their interest in acquiring Thyssenkrupp's...
Thyssenkrupp loses fight against EU veto of Tata Steel JVThyssenkrupp has lost its appeal against the European Union's antitrust veto of its joint venture with Tata Steel. The EU's decision was up...
Thyssenkrupp steel head prepares staff for 'tough' cutsThyssenkrupp's steel division is preparing for significant layoffs as the company aims to become more profitable. The market situation has ...
Thyssenkrupp steel leadership steps down as crisis escalatesThe chairman and CEO of Thyssenkrupp's steel division, along with five other board members, have resigned due to conflicts with the parent ...
Royal Mail owner accepts Czech billionaire Daniel Kretinsky's takeoverFormer state monopoly Royal Mail was privatised in 2013 and has since seen its core letters business ravaged as consumers increasingly comm...
European shares fall as rising bond yields renew rate jittersEuropean shares declined on Wednesday as rising bond yields globally spurred concerns of interest rates staying elevated for longer, even a...
European shares climb on tech cheer; Thyssenkrupp shimmersEuropean shares rose on Friday and looked set to end the week higher as investors cheered robust results from tech giants in the United Sta...
Pandora Papers: Leaked records open up box of financial secretsIt's being dubbed the "Pandora Papers" because the findings shed light on the previously hidden dealings of the elite and the corrupt, and ...
Leaked 'Pandora' records show how the powerful shield assetsHundreds of politicians, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfro...
ArcelorMittal gets EC nod to sell European steel assets to Liberty HouseArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 17 countries.
Tim Sweeney, Jeff Bezos, Lei Jun: The world's biggest billionaire winners, losers of 2018Singaporean billionaires fared the best in dollar terms, gaining $2.5 billion.
Here are the world's biggest billionaire winners, losers of 2018While Coates had a good year, market turmoil pushed many wealthy people into the red.
Liberty House to buy 3 more EU plants from ArcelorBillionaire PIO steel tycoon Sanjeev Gupta has struck a deal to purchase three more European steel plants from ArcelorMittal.
British Indian tycoon to buy 3 more of Lakshmi Mittal's European plantsThe company said it will acquire two Belgian steel mills and one in Luxembourg from ArcelorMittal in addition to the four it said last mont...
The seat of power: Sebastian Piñera, Donald Trump & billionaire presidentsTake a look at other business tycoons who are heading nations.
- Essar buys UK’s Servosteel, deal seen at Rs 450 cr
The Ruias-controlled Essar Steel on Monday acquired the UK-based steel processor Servosteel for an undisclosed amount.
- ArcelorMittal to buy 14 pc stake in Czech arm for $ 404 mn
ArcelorMittal, today said it would acquire additional 13.8 per cent stake in its Czech arm ArcelorMittal Ostrava for $ 404.3 million.
- British car parts maker Wagon cuts 300 jobs
British car parts maker Wagon PLC laid off almost 300 staff as it shut down its manufacturing base.
- ONGC-Mittal wins gas block in Trinidad and Tobago
India-born billionaire Lakshmi N Mittal's joint venture with ONGC Videsh Ltd has won a gas block in Trinidad and Tobago that is estimated t...