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Widespread cyber attack hits major European companies

Weeks after the WannaCry ransomware affected systems in over 100 countries, another major cyber attack is causing mass disruption across Europe, hitting Ukraine and Russia the hardest. However,......

Bailout billionaires

Main Street loves to loathe AIG. Since September the insurance giant has taken $170 billion in bailout money from U.S. taxpayers and keeps coming back for more. Now the company is trying to pay a......

Essar joins race to buy ArcelorMittal's mill

Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Md., mill of ArcelorMittal SA, with leading Russian steelmakers, according to a report. "The most prominent suitors......

Sensex crashes by 385 points at close

The markets saw a sharp fall due to heavy indiscriminate selling in scrips across sectors. The markets across the globe have seen weakness but the Indian markets have taken a harder knock as......

Tata Steel loses Highveld race

Tata Steel has lost the race for acquiring South Africa's Highveld & Vanadium to Russia's Evraz. Mittal Steel had pulled out of the race earlier.Anglo American, the owner of Highveld that had put......

It's a billionaires' playground

Steel, the great crucible of the industrial age, sounds such a dull, Old Economy business. But a titanic drama is playing out there now, as billionaire entrepreneurs battle to reshape the industry.......

CAS upholds FIFA ban on Russian teams while court deliberates

IMAGE: CAS said in a statement on Friday that the suspension of all Russian teams and clubs from FIFA's competitions would remain in force. Photograph: Dado Ruvic/Illustration/Reuters Russia's......

FBI denies arresting Chelsea owner Abramovich

The US Federal Bureau of Investigation denied a report on Monday that it had detained Roman Abramovich, the Russian metals tycoon who owns London’s Chelsea soccer club. - Russian tycoon......

Russian tycoon Abramovich not detained in US: Spokesman

A spokesman for Roman Abramovich denied a news report on Monday that the billionaire Russian owner of London's Chelsea soccer club had been arrested in the United States. "It's not true," John Mann......

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