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Trustees of British Airways-sponsored retirement scheme close to pension buy-in deal: Sky News

Trustees of British Airways-sponsored Airways Pension Scheme are close to a deal with Legal & General to insure more than 4 billion pounds ($5.22 billion) of its historic pension liabilities, Sky News reported on Wednesday......»»

Category: topSource: reutersSep 12th, 2018

Collapsed UK retailer BHS pension scheme secured by $1 billion insurance buyout

The pensions of 9,000 employees of collapsed British department store chain BHS were secured on Sunday after a specialist insurer announced an insurance buyout of the firm's 'BHS2' scheme covering 800 million pounds ($1 billion) of liabilities......»»

Category: topSource: reutersAug 12th, 2018

Thyssenkrupp"s CEO Steps Down

Hiesenger’s move comes just days after Thyssenkrupp agreed to merge its steel business with India’s Tata......»»

Category: smallbizSource: wsjJul 5th, 2018

Tata Steel JV Expected To Bring Relief To Its Indian Operations

Tata Steel JV Expected To Bring Relief To Its Indian Operations.....»»

Category: topSource: seekingalphaJul 4th, 2018

Tata Steel And Thyssenkrupp Reach Final Agreement On Merger

Tata Steel And Thyssenkrupp Reach Final Agreement On Merger.....»»

Category: topSource: seekingalphaJul 3rd, 2018

ThyssenKrupp (TKAMY) And Tata Steel Forms 50/50 Joint-Venture - Slideshow

ThyssenKrupp (TKAMY) And Tata Steel Forms 50/50 Joint-Venture - Slideshow.....»»

Category: topSource: seekingalphaJul 2nd, 2018

Federated closes on majority interest in London-based company

Federated Investors Inc. completed its acquisition of a majority stake in Hermes Fund Managers Ltd., the London-based operator of Hermes Investment Management, from BT Pension Scheme. Hermes manages $47.2 billion, with about 550 clients in wholesal.....»»

Category: topSource: bizjournalsJul 2nd, 2018

Thyssenkrupp, Tata Steel merging Europe steel operations

Germany's Thyssenkrupp and India's Tata Steel say they've signed a deal to merge European steel operations into a new firm......»»

Category: topSource: foxnewsJun 30th, 2018

ThyssenKrupp close to JV compromise pact with Tata Steel, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 27th, 2018

Global stocks gain after Wall Street rise ahead of G7

Asian stock markets followed Wall Street higher Wednesday ahead of a meeting of major industrialized economies overshadowed by tension over U.S. steel tariffs......»»

Category: topSource: foxnewsJun 6th, 2018

Mnuchin reportedly urged Trump to exempt Canada from steel, aluminum tariffs

Treasury Secretary Steve Mnuchin urged President Donald Trump to exempt Canada from metals tariffs during a trade meeting Tuesday, according to a report by ABC News......»»

Category: topSource: marketwatchJun 5th, 2018

Canada mulls aid for aluminum, steel industry after U.S. tariffs

Canada's cabinet on Monday discussed how to protect the domestic steel and aluminum industry from U.S. tariffs, just hours ahead of a scheduled meeting between Prime Minister Justin Trudeau and domestic industry leaders......»»

Category: topSource: moneycentralJun 4th, 2018

U.S. isolated at G7 meeting as tariffs prompt retaliation

WASHINGTON/WHISTLER, British Columbia (Reuters) - U.S. President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a day after hitting them and Mexico with import tariffs on steel and aluminum......»»

Category: topSource: reutersJun 1st, 2018

G-7 finance meeting in Canada to focus on Trump tariffs

Canada's finance minister says a meeting of officials of the seven major industrial countries will now be focused on trade after U.S President Donald Trump imposed tariffs on steel and aluminum imports on America's allies......»»

Category: topSource: foxnewsMay 31st, 2018

NCLAT asks Tata Steel if it would pay Bhushan Steel"s GST, income tax dues

The company law appellate tribunal today asked Tata Steel if it will clear the statutory dues like income tax and GST of Bhushan Steel, a company it had acquired in the insolvency proceedings earlier this month. The National Compan.....»»

Category: topSource: business-standardMay 30th, 2018

Tata Steel"s deliveries up 10.7% in FY18 against market average of 8%

The branded portfolio contributes 46% to the steel company's total sales, touching 2.5 million customers across the country.....»»

Category: topSource: business-standardMay 29th, 2018

Bhushan deal was done in 48-72 hours, reveals Tata Steel CEO T V Narendran

"Normally, one would have taken 10-15 days after the NCLT approval to get things done, but we got it done in 48-72 hours," said Narendran.....»»

Category: topSource: business-standardMay 23rd, 2018

Tata Steel"s Bhushan buy to raise net leverage over next 2-3 years: Fitch

Tata Steel's acquisition of a controlling stake in debt-laden Bhushan Steel is likely to raise the former's leverage over the next two to three years, Fitch Ratings said today. The move would also offset benefits to Tata Steel's cre.....»»

Category: dealsSource: nytMay 23rd, 2018

Metal shares under pressure; Tata Steel, JSPL, Vedanta down over 5%

Vedanta slipped 6% to Rs 254, its lowest level since July 4, 2017 on the NSE.....»»

Category: topSource: business-standardMay 23rd, 2018

YES Bank recovers Rs 1.84 bn, or 66% of original claim, from Bhushan Steel

Tata Steel had won the bid to acquire debt-laden Bhushan Steel in an insolvency auction.....»»

Category: topSource: business-standardMay 23rd, 2018