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Thyssenkrupp positive over Tata Steel deal

Bloomberg Thyssenkrupp AG sees room for reaching an agreement with the European Commission on a planned joint venture with Tata Steel Ltd as “further discussion” with Competition Commissioner Margrethe Vestager is set for next week. “The EU commission has taken the adjustments to the remedies offered by Thyssenkrupp and Tata Steel as an opportunity to conduct another market test,” Peter ...

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Jokowi scouts sites as Indonesia capital move gathers pace

Bloomberg Indonesian President Joko Widodo arrived in Borneo island to survey possible locations for a new capital, fast-tracking a plan to move the administrative headquarters out of over-crowded and congested Jakarta. Widodo, known as Jokowi, arrived at Balikpapan city in East Kalimantan and visited Bukit Soeharto, one of the locations being considered for the capital, his office said in a ...

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Canada likely to proceed with Trans Mountain expansion

Bloomberg The Canadian government is likely to proceed with expansion of the Trans Mountain oil pipeline when it announces its decision next month, officials familiar with the matter say. The government has made no secret about its interest in finding a way to expand the conduit, but has tiptoed around the matter to avoid opening any decision up to legal ...

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