European markets closed provisionally choppy Wednesday afternoon, as investors awaited monetary policy guidance from the Federal Reserve.
BERLIN— Germany's Thyssenkrupp and Tata Steel of India signed a preliminary deal on Wednesday to merge their European steel operations, a combination that could lead to up to 4,000 job cuts. The new entity is to be called Thyssenkrupp Tata Steel and be managed by what Thyssenkrupp called a "lean holding company" based in the Netherlands. "We will not be putting any...
Thyssenkrupp and Indian peer Tata Steel struck a preliminary agreement to combine their European steel operations in a 50-50 joint venture.
Tata Steel says it has signed a memorandum of understanding with Thyssenkrupp to create a "leading European steel enterprise."
European markets closed lower on Thursday as investors reacted to corporate earnings and monitored geopolitical tensions surrounding North Korea.
Markets in Europe were mixed Thursday afternoon as politics and monetary policy took center stage.
European stocks close sharply lower on Wednesday as investors reacted to fresh corporate earnings and ongoing political uncertainty in the U.S.
European markets finished roughly flat on Wednesday, after investors waded through a raft of corporate earnings and news from individual stocks.
Technical secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp in cyber attacks.
European stocks closed slightly higher on Thursday as investors focused on new economic data from Germany.
German steel-to-elevators group Thyssenkrupp forecast a smaller-than-expected rise in operating profit for its current fiscal year,
ThyssenKrupp full-year net profit declined by 4 percent, missing expectations amid difficult market conditions. CNBC’s Annette Weisbach reports.
CNBC’s Annette Weisbach reacts to the comments made by ThyssenKrupp CEO in a CNBC interview, while commenting on the firm’s strategy going forward.
ThyssenKrupp CEO Heinrich Hiesinger weighs in on whether the EU’s current tariffs on Chinese steel imports should be higher.
ThyssenKrupp CEO Heinrich Hiesinger weighs in on what a Donald Trump presidency may look like and how it impacts the materials space.
While discussing its earnings, ThyssenKrupp CEO Heinrich Hiesinger says if you work in the materials space, you have to get used to the market volatility.
European stocks finished in the black on Thursday as investors cheered on the sharp rebound in oil prices.
European stocks finished with strong gains on Monday after the S&P 500 index posted an all-time record high shortly after Wall Street opened.
European equities ended higher on Tuesday, as sentiment was lifted by a handful of positive earnings and a sharp tick-up in commodity stocks and prices.
Thyssenkrupp cut its full-year forecasts on a drop in prices for materials including steel that it said were sharper than it had expected.