This was unanimously decided by the Supervisory Board of thyssenkrupp AG in an extraordinary meeting last Friday.

The Commission found that the remedies offered by the two prospective partners were insufficient.

Elevation of Desai will follow the resignation of Andreas Goss.

Andreas Goss will become the chief executive of a planned European joint venture with India's Tata Steel.

The move will help the company establish itself as a long-term player for India's strategic needs.

Guido Kerkhoff will run the company until the Supervisory Board has completed the structured process of finding a successor for Dr. Heinric...

It said the rest of the management board, comprising Guido Kerkhoff, Oliver Burkhard and Donatus Kaufmann, would lead the group without a C...

Thyssenkrupp's supervisory board will meet on Friday to take a decision on CEO Hiesinger's request, the company said in a statement publish...

Thyssenkrupp said due diligence and independent expert opinions have confirmed the economic viability of the new company and the expected a...

"The joint venture that has now been agreed is better than any joint venture that would have been created without the participation of the ...

As part of the agreement made with workers' union IG Metall last night, Thyssenkrupp employees have won a guarantee of job security until S...

The industrial facility is designed for an initial capacity of manufacturing 6000 elevator units, extendable to 10,000 in the course of the...

The deliberations at the tea-to-software giant help shed light on the power struggle behind India’s most dramatic boardroom coup in years.

It was widely believed that Cyrus Mistry was the driver of Tata Steel’s strategy to sell-off its European assets.

Top company officials said the ground-breaking ceremony for the proposed multipurpose plant at Chakan in Pune which would have a capacity t...

German industrial conglomerate ThyssenKrupp AG has initiated talks with Anil Ambani-led ADAG group to partner in building up to 12 submarin...

The legal proceedings by ThyssenKrupp AG is for breaching letter of agreement on sale of Dofasco Inc.