A buyer for British Steel is welcome but what’s Jingye’s strategy? | Nils Pratley

It’s hard to see why the Chinese firm wants to take over a loss-making business in a tough marketHalf the woes for steelmakers in Britain derive from dumping into world markets by Chinese producers, or so we have been told for a couple of decades. So i…

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Google snaps up Fitbit for $2.1bn

Takeover allows web giant to take on Apple in fast-growing smartwatch and wearables businessGoogle has snapped up the Fitbit fitness tracker business in a $2.1bn (£1.6bn) deal that will enable the search giant to go toe-to-toe with Apple in the fast-gr…

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Virgin Galactic wins space tourism race to float on stock market

Sir Richard Branson beat Elon Musk and Jeff Bezos by listing his venture in New York Publicity-hungry billionaires must have a space venture, and here’s Sir Richard Branson’s: Virgin Galactic is now a stock market-listed company with a $2.4bn valuation…

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Virgin Galactic wins space tourism race to float on stock market

Sir Richard Branson beat Elon Musk and Jeff Bezos by listing his venture in New York Publicity-hungry billionaires must have a space venture, and here’s Sir Richard Branson’s: Virgin Galactic is now a stock market-listed company with a $2.4bn valuation…

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The Just Eat takeover battle is promising a delicious showdown

With two big rival offers on the plate the food delivery giant can afford to sit back and await another helpingIt’s still feels slightly odd that Just Eat, which only recently seemed to be a smartphone app plus a few blokes on mopeds, is a FTSE 100 com…

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Just Eat in £4.9bn takeover battle as Prosus makes hostile bid

Bid rejected as online food delivery group presses ahead with merger with Takeaway.com A £4.9bn takeover battle has broken out for Just Eat as the investment group Prosus launched an all-cash offer in an attempt to scupper the food delivery group’s pla…

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