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UK PLANT CLOSURE
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...
- Tata Steel shares crack 4% after Q4 results. Here's why JPMorgan downgraded the stockTata Steel's shares dipped despite a 147% surge in Q4 FY26 net profit to Rs 2,965 crore. Analysts are divided, with JPMorgan downgrading to...
- No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
- Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...
- Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
- US Israel-Iran War Day 51: Strait of Hormuz tensions rise as Iran fires on tanker, talks continueIran War News Day 51: As the clock ticks into the 51st day of the Iran-Israel conflict, West Asia finds itself in a heightened state of ale...
- ExxonMobil closes UK plant blaming 'policy' obstaclesExxonMobil is closing its Fife Ethylene Plant in Scotland in February 2026, citing difficult economic and policy conditions in Britain. The...
- UK govt races against time to keep steel furnaces runningThe British government intervened to save British Steel's Scunthorpe plant. This action followed the halt of raw material orders by its Chi...
- British Steel’s Scunthorpe closure puts thousands of jobs at riskThe planned closure of British Steel’s Scunthorpe plant threatens thousands of jobs and the UK’s domestic steel production. With the govern...
- Ashok Leyland’s Switch Mobility commences consultation process to shut its UK plantAshok Leyland will cease manufacturing operations at Switch Mobility in the UK to reduce losses, citing economic uncertainty in the British...
- Ashok Leyland says may shut loss-making e-bus plant in UKAshok Leyland's electric bus unit Switch Mobility may close its Sherburn plant in the UK as part of a review process. This could make the u...
- Tata Steel apprehensive of UK media reports over investment plansTata Steel expressed concerns about UK media reports indicating potential impact on the 1.25 billion pounds investment in Port Talbot plant...
- Tata Steel to stop operations of coke ovens at Port Talbot plantThe company had said in January it would shut down its two blast furnaces in Britain by the end of this year, following its plan to turn ar...
- Tata Steel's UK unions approve new turnaround planThe company also started a process to close the expensive British Pension Scheme replace it by defined contribution scheme, which will lowe...
- Tata Steel Welsh unit fears job lossesThe company has been suffering from plant closures across the UK in the face of crisis in the British steel industry due to cheap Chinese i...
- Wockhardt's Chikalthana plant gets GMP certificate from UKMHRAIn a major relief to drug firm Wockhardt, its Chikalthana plant at Aurangabad in Maharashtra has received a good manufacturing practice cer...
- Tata Chemicals to recast its European business, cut 220 jobsThe company's soda ash and sodium bicarbonate business in Northwich are being restructured, TCE said in a statement on its website.
- Sterlite Industries' copper plant stays shut until at least May 14NGT today refused to grant any interim relief to Sterlite Industries, to commence operation of its copper smelting plant in Tuticorin distr...
- MDMK to challenge Supreme Court order on Sterlite IndustriesThe Apex Court had refused to direct closure of the plant and had set aside the Madras High Court's 2010 order on closing it down.
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