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Tata Steel India head Narendran to lead global operations

Bloomberg Tata Steel Ltd.’s India head TV Narendran has been appointed global chief executive officer and managing director as the steelmaker returns to profitability, and sets about implementing an agreement with Thyssenkrupp AG to combine European steel businesses. Narendran has helmed the Indian and South East Asian operations since November 2013, the company said in a filing. It also reappointed ...

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SoftBank’s Sprint to halt talks on T-Mobile merger

­­­­­­­­­­­Bloomberg SoftBank Group Corp.’s talks to merge US unit Sprint Corp. with T-Mobile US Inc. have hit a serious snag, according to people familiar with the matter, throwing the deal into jeopardy after months of talks. In the past three days, the companies have been unable to get past differences over valuation, according to a person close to T-Mobile parent ...

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Apple to design iOS devices without Qualcomm parts

Bloomberg Apple Inc. is designing iPhones and iPads for 2018 that don’t use components from Qualcomm Inc. amid an escalating dispute between the companies, according to a person familiar with the matter. The product plans are in the early stages and may still change, said the person, who asked not to be identified because the matter is private. Apple may ...

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