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 ...

­­­­­­­­­­­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 ...

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 ...

Bloomberg Look out, Detroit: Toyota Motor Corp. is on a roll in the US. Toyota took 15 percent market share last quarter for the first time since 2009. Its RAV4 car-based sport utility vehicle is the industry’s most popular vehicle this year aside from the top pickups, outselling even its own Camry midsize sedan. It beat Ford Motor Co. each ...

Bloomberg The Internet Association, a Washington-based group with members that include Alphabet Inc.’s Google, Facebook Inc. and Twitter Inc., is advising lawmakers to clarify the responsibility of advertising platforms ahead of the companies’ testimony to Congress on the extent of Russian influence on their networks. The lobbying group wrote a series of principles, suggesting that the Federal Election Commission should ...

Bloomberg Ironically, Cobalt, Ontario—population 1,100—was built on silver. Remnants of a boom that transformed the town more than a century ago are everywhere. A mine headframe still protrudes from the roof of the bookstore, which was previously a grocery. The butcher used to toss unwanted bones down an abandoned 350-foot shaft in the middle of the shop floor and keep ...

Bloomberg South Korean President Moon Jae-in is seeking a detente with both North Korea and China in a bid to calm tensions a week before US President Donald Trump arrives in Seoul. South Korea and China on Tuesday agreed to move beyond a year-long dispute over Seoul’s decision to deploy a US missile shield, paving the way for closer ties ...

Bloomberg In the final days of Spain’s complex political chess match with Catalan separatism, Prime Minister Mariano Rajoy made the best tactical moves. The longer game of keeping the country’s economic powerhouse in Spain may prove harder to win. Rajoy lined up backing from the opposition Socialists for his plan to sweep out the Catalan government while his diplomats ensured ...

Bloomberg Czechs moved closer to a rare minority government envisaged by billionaire Andrej Babis as his euroskeptic party failed to find coalition allies after winning this month’s general elections. President Milos Zeman said he won’t object if Babis proposes forming a government that lacks a parliamentary majority, because a single-party cabinet would rule more efficiently. While Babis, the second-richest Czech ...

Bloomberg Serbian President Aleksandar Vucic’s Progressive Party is considering triggering the third snap parliamentary elections since 2014 as it moves to further consolidate power in the European Union candidate. Vucic, a former ally of war-time leader Slobodan Milosevic, said his party are discussing early elections this week. His party won snap bal- lots in both 2014 and last year bef-ore ...