South Australia has taken control of Sanjeev Gupta’s Whyalla steelworks and forced it into administration over unpaid bills ...

Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s troubled battery maker ...

Glencore is reviewing whether to ditch its London listing, paving the way for a potential move to New York and threatening the UK market’s historic status as a magnet for the global mining industry.

DAZN last year agreed to buy Foxtel from Rupert Murdoch’s News Corp and Telstra in a A$3.4bn ($2.1bn) deal, which left the two companies with a combined 9 per cent stake and valued the group at close ...

Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief the country needs, ...

Beijing’s action against clothing maker PVH and biotech company Illumina underlines risk created by trade tensions ...

Thames Water only has enough cash to survive little more than five weeks. The UK’s biggest water provider, which serves 16mn customers in and around London, does not have enough money to repay a ...

As former Credit Suisse financials analyst Rupak Ghose highlighted in his timely Substack yesterday, Fidelity is “omnipresent” across the US, and its myriad interlocking businesses might make the ...

BC Partners has appointed Rothschild to explore strategic options for the business, according to two people familiar with the situation. A sale could raise as much as €550mn, they added, with rival ...

The Calgary Flames have five drafted prospects skating in the WHL, including Jaden Lipinski and Alex Hurtig. How have their ...

Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan, Sujeet Indap, Eric Platt, Antoine Gara, Amelia Pollard and Maria Heeter ...

The U.S. Treasury can draw up to $700 billion in new funding from its gold revaluation account at the Federal Reserve. Read ...