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Tata Steel to launch UK sale process by Monday: UK minister
April 6, 2016 by creative · Leave a Comment
India's Tata Steel will launch the formal sale process for its British assets by Monday and give a “reasonable” timeframe to find a buyer, Britain's business minister said after meeting the company's chairman in Mumbai. Prime Minister David Cameron's government has sought to broker a deal with potential buyers after Tata Steel put its British operations up for sale last week, threatening thousands of jobs. Tata had said it wanted…
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Tata Steel to launch UK sale process by Monday: UK minister
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Russian oil output highest in 30 years ahead of Doha meeting
April 3, 2016 by elegant · Leave a Comment
By Vladimir Soldatkin MOSCOW (Reuters) – Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April. Energy Ministry data on Saturday showed that in tonnes, oil output reached 46.149 million in March versus 43.064 million, or 10.88 million bpd, in February. …
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Russian oil output highest in 30 years ahead of Doha meeting
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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts
April 3, 2016 by admin · Leave a Comment
By Makiko Yamazaki SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp …
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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts
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Britain says government contracts must consider local steel firms
April 3, 2016 by publisher · Leave a Comment
Britain said on Sunday that all public sector contracts that involve steel supplies must specifically consider UK steel companies as part of plans to find a long-term solution for the country's steel industry. The government is looking for ways to support domestic steel producers after India's Tata Steel put its British plants…
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Britain says government contracts must consider local steel firms