The administrator for troubled Australian steel and iron ore group Arrium Ltd said it had agreed to work toward a “constructive” outcome with Morgan Stanley after the investment bank took legal steps to call in a three-year-old debt. Morgan Stanley filed action in the Delaware Chancery Court in the United ... Read More »

Sen. Bernie Sanders and Donald Trump disagree on plenty, but there’s one thing the presidential contenders concur on: Apple should be making devices in the US. “I do wish they’d be manufacturing some of their devices, here in the United States rather than in China,” Democratic presidential hopeful Sanders said ... Read More »

The tie-up will create one of the largest exchange companies in the world with a combined value of about £21bn. Under the terms of the deal, LSE shareholders will own 45.6% of the new holding company, while Deutsche Boerse shareholders will own 54.4%. LSE chief executive Xavier Rolet said the ... Read More »