The Excalibur Steel management buyout has emerged as the frontrunner to rescue Tata Steel UK, although concerns about funding and pensions could still derail the bid.
LONDON Britain's top share index steadied near a one-month low on Thursday, as gains in companies like BT (BT.L) and RSA (RSA.
Trinity Mirror's chief executive defended his strategy on Thursday after the abrupt closure of The New Day, the publisher's new national newspaper, two months after launch.
A huge wildfire raging in the Canadian province of Alberta has grown to 85,000 hectares (210,035 acres) in size and officials would like to move south about 25,000 evacuees who had previously fled to the north.
CALGARY, Alberta—Crude oil output from some of Canada's largest producers dwindled on Thursday, affecting global prices, as raging forest fires led to some reductions in oil sands mining operations.