Germany's Thyssenkrupp and Sweden's SSAB could reap more than 500 million euros ($593 million) in annual cost savings if they agree on a steel tie-up, three people close to the negotiations said.

German conglomerate Thyssenkrupp plans to cut another 5,000 jobs to stem losses across its sprawling empire, it said on Thursday, after reporting its operations were 1.6 billion euro ($1.9 billion) in ...

Finnish elevator company Kone Oyj is considering the possibility of acquiring rival German TK Elevator GmbH. This is reported by foreign media. Kone has engaged consultants to evaluate the proposed ...

People often eagerly discuss the end of the Arctic. Yet realizing that the Arctic Circle Assembly may have peaked could hit a bit too close to home. On my way out of the Arctic Circle Assembly on its ...

The anticipated IPO of Deutsche Boerse subsidiary ISS Stoxx is unlikely this year, three people familiar with the matter said, even after Ottobock broke a drought of IPOs in Europe's biggest economy ...

GRAND RAPIDS, Mich. (WOOD) — A man is OK after reportedly being trapped in an elevator for nearly seven hours over the weekend. The Ann Arbor Fire Department was contacted Sunday morning after an ...

FRANKFURT/DUESSELDORF (Reuters) -Czech billionaire Daniel Kretinsky has agreed to sell his 20% stake in Thyssenkrupp’s steel unit and scrap plans for a joint venture for the business, both parties ...

A distracted property manager is blamed for $1.5 million in damage, LIV Sotheby’s is sued by a real estate photographer, and ...

An 83-year-old amputee was forced to use the stairs in order to complete a TSA PreCheck appointment at the GCIC Building in Hagåtña because the building’s elevators remain broken for about half a year ...

ThyssenKrupp AG, one of the largest German industrial concerns, has approved a restructuring plan for its Automotive Technology subsidiary. This is reported in a ThyssenKrupp press release. Starting ...

President Trump is alleging "triple sabotage" of his speech at the U.N. General Assembly, demanding an investigation into back-to-back mishaps with an escalator, a teleprompter and a sound system — ...