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Tata Steel gets tribunal nod for biggest acquisition since Corus

Bloomberg Tata Steel Ltd.’s plan to double its production capacity in five years received a boost after an Indian court gave its final approval for the purchase of the assets of Bhushan Steel Ltd., Tata’s biggest buy since Corus Group Plc. The two-judge tribunal rejected objections to Tata’s bid from Bhushan creditor Larsen & Toubro Ltd. and the steel company’s ...

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China Tower may raise $10bn in Hong Kong IPO

Bloomberg China Tower Corp., the state-owned wireless infrastructure operator, filed for an initial public offering (IPO) in Hong Kong that could match the city’s biggest since 2010. While the world’s largest telecom tower service provider didn’t give a fund-raising target or proposed timing of the sale in its filing dated Monday, the IPO may raise about $10 billion, people with ...

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Apple CEO says ‘he told Trump tariffs are wrong approach to China’

Bloomberg Apple Inc. Chief Executive Officer Tim Cook said he criticised Donald Trump’s approach to trade with China in a recent White House meeting, while urging the president to address the legal status of immigrants known as Dreamers. In an interview on Bloomberg Television, Cook said his message to Trump focussed on the importance of trade and how cooperation between ...

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