Edition:
India

Sangameswaran S

Car auctioneer BCA Marketplace in $2.4 billion buyout talks

20 Jun 2019

Car auction group BCA Marketplace is in talks with private equity firm TDR Capital on a 1.91 billion pounds ($2.43 billion) buyout offer, sending the WeBuyAnyCar owner's shares up almost 25%.

HSBC opens in Apple's home town, plans 50 new U.S. branches

17 Jun 2019

The U.S. arm of HSBC Holdings Plc announced plans on Monday to expand its branch network by around a quarter as it opened a new location in Apple Inc's home town of Cupertino, California.

Major miners reveal tailings dam data, action plans following disasters

07 Jun 2019

Global miners BHP Group, Anglo American Plc and Glencore Plc revealed details on tailings dams, months after ethical investors sought the information following a second deadly dam disaster in Brazil.

UK's Rank agrees to buy smaller gaming firm Stride in online push

31 May 2019

Casino and gaming operator Rank Group has agreed to buy Stride Gaming in a deal valued at 115.3 million pounds ($145 million), looking to extend its presence in Britain's thriving online gaming market.

Passport maker De La Rue stock plummets after profit warning, CEO departure

30 May 2019

Banknote and passport printer De La Rue said its chief executive would quit as it warned on Thursday of a profit downturn this year, sending its shares down 29% to a near 15-year low.

UPDATE 3-Passport maker De La Rue stock plummets after profit warning, CEO departure

30 May 2019

May 30 Banknote and passport printer De La Rue said its chief executive would quit as it warned on Thursday of a profit downturn this year, sending its shares down 29% to a near 15-year low.

Stagecoach sues UK transport authority over second rail franchise

24 May 2019

Rail operator Stagecoach Group Plc is suing Britain's transport authority after being disqualified from bidding for the West Coast rail franchise along with partners SNCF and Virgin.

UPDATE 2-Stagecoach sues UK transport authority over second rail franchise

24 May 2019

* Partners in West Coast franchise are SNCF, Virgin (Adds comment from DfT spokesman, background)

Clock ticking on efforts to find British Steel buyer

23 May 2019

LONDON ATime is of the essence if the UK authorities are to broker a rescue of British Steel after it collapsed into liquidation, putting 25,000 jobs at risk.

Clock ticking on efforts to find British Steel buyer

23 May 2019

LONDON ATime is of the essence if the UK authorities are to broker a rescue of British Steel after it collapsed into liquidation, putting 25,000 jobs at risk.

World News

Iran says U.S. sanctions on Khamenei mean end of diplomacy

New U.S. sanctions against Iran's supreme leader and foreign minister have closed off diplomacy, Iran said on Tuesday, blaming the United States for abandoning the only route to peace just days after the two foes came within minutes of conflict.