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British Steel collapses, 25,000 jobs at risk

British Steel, the country's second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain's Official Receiver...
Business

Weak China demand drives Tata Motors’ JLR to £3.6 billion loss

Tata Motors-owned Jaguar Land Rover (JLR) on Monday posted an annual loss of £3.6 billion, largely attributed to a nearly six percent "weak" demand...
Business

Tata Steel to continue exploring mergers in Europe despite Thyssenkrupp setback

Tata Steel has not given up on its plans of merging its business in Europe, a top company official said while terming the European...
Business

Bayer hit with $2 billion award in Roundup cancer trial

A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG's glyphosate-based Roundup weed killer caused their cancer,...
Business

UK’s Froneri acquires iconic NZ ice cream business Tip Top

UK-based Froneri has announced the acquisition of iconic New Zealand ice cream business Tip Top from global dairy co-operative Fonterra for NZ$380 million (£193...
Business

Provide more info on groundwater plans, Queensland tells Adani 

Australia's Queensland state government has asked Indian energy giant Adani to provide more information on its groundwater management plans, posing another hurdle which may...
Business

Thyssenkrupp shelves plans to merge with Tata

German industrial conglomerate Thyssenkrupp said Friday it had abandoned plans to merge its steel business in Europe with Indian giant Tata because of expected...
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