european markets

Tata’s UK Steel Exit Raises Expectations of European Mergers

By Georgina Prodhan FRANKFURT, March 31 – Tata Steel’s plan to sell its British steelmaking business has raised expectations of a long-awaited consolidation in the European steel sector, which is suffering from years of unaddressed overcapacity. Since the multi-billion-euro takeovers of Europe’s Arcelor and Corus by Indian giants Mittal andTata in 2006 and 2007, dealmaking

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European Shares Fall Led by Travel Stocks after Brussels Attacks

By Atul Prakash and Danilo Masoni LONDON/MILAN, March 22 – European shares fell on Tuesday with travel and leisure stocks leading the market lower after attacks at Brussels airport and in the city’s metro system killed at least 21 people. A suicide bomber blew himself up at Brussels airport killing at least 11 people and

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