International Business

International 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...

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...

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,...

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...

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...

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...

Vegan burger maker Beyond Meat sizzles in market debut

Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on...

Setback for Adani’s mine project as Queensland rejects environmental plan

Australia's Queensland state government has rejected a management plan of Indian energy giant Adani to protect an endangered black-throated bird species, saying the company's...

McDonald’s gets US lift from donuts, bacon as profit dips

Despite appealing to America's love affair with bacon and donuts, McDonald's reported a dip in first-quarter profits Tuesday. The fast-food giant scored a solid 4.5...

Tesla’s Musk strikes deal with regulators over tweets

Elon Musk and US stock market regulators told a US court on Friday that they have reached a deal to settle their differences over...