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ThyssenKrupp, Tata in 50:50 JV to form Europe's second-largest steel firm
German steel maker ThyssenKrupp and Tata Steel have agreed to form an equal joint venture that would create Europe’s second-largest steel firm, after ArcelorMittal. Tata Steel has said it would shift € 2.5 billion of its debt to the new entity. ThyssenKrupp would also be shifting its liabilities worth € 3.6 billion that it had gathered from its pension schemes. Read more
Stimulus package in the works: Focus may be on affordable housing
The government could use the affordable housing route to help
Stimulus package in the works: Focus may be on affordable housing
The government could use the affordable housing route to help
