Tata Steel Ltd (TISC.BO)
19 Feb 2018
Feb 19 Indian shares declined for a second straight session on Monday as state-run lenders fell further amid continued worries about the fallout from a $1.77 billion fraud reported by Punjab National Bank last week.
LONDON, Feb 15 Britain's markets watchdog was too slow to prevent "vulture" financial advisers from ripping off steelworkers faced with critical decisions over their 14 billion pound ($19.4 billion) pension pot, lawmakers said in a report on Thursday.
FRANKFURT, Feb 14 The following are some of the factors that may move German stocks on Wednesday:
LONDON Tata Steel will finance the repair of a blast furnace at Britain's largest steelworks in Port Talbot, Wales, extending its life by seven years and soothing concerns about its commitment to Europe's steel sector, four sources told Reuters.
* To invest in blast furnace at a cost of roughly 75 mln pounds
BRUSSELS World No. 1 steelmaker ArcelorMittal will seek to fend off EU antitrust concerns about its proposed 1.8-billion-euro (£1.6 billion) purchase of Italian peer Ilva at a hearing on Thursday.
DUESSELDORF Steel workers at Germany's Thyssenkrupp voted on Monday in favour of a labour agreement that will safeguard jobs and plants in a planned joint venture with Tata Steel until 2026, removing another key hurdle for the tie-up.
* Approval key step in creating Thyssenkrupp-Tata Steel JV (Recasts, adds official confirmation, Thyssenkrupp comment)
DUESSELDORF, Feb 5 Steel workers at Thyssenkrupp have voted in favour of a labour agreement that will safeguard jobs and plants in a planned joint venture with Tata Steel, a person familiar with the matter told Reuters on Monday.
* Shares hit 4-month high on hopes for change (Adds Cevian comment, updates shares)