Thyssenkrupp floats submarine business as defence stocks surge
German conglomerate spins off minority stake in marine division as it pushes ahead with restructuring
German conglomerate spins off minority stake in marine division as it pushes ahead with restructuring

Deep cuts at its steel division and weak demand weigh on German industrial heavyweight

The German conglomerate needs to maintain competitiveness while shifting to clean technologies and defence

Indian magnate Naveen Jindal is continuing to conduct due diligence on steel business

Company assessing hackers’ claim that they have accessed sensitive data on submarines and frigates

Commodities are so hot right now

Chief executive says acquiring Naval Vessels Lürssen an important step in European defence consolidation