Debt woes hit Kenya’s ARM Cement shares

The shares are down nearly 97% from their peak at the start of 2014

Chips are not down for PepsiCo

Consumer giants ranging from PepsiCo to Nestlé are wrestling with changing tastes

Torre shares rise on plans to delist

The decision is part of Torre’s plans to raise black ownership from 29% to 51%

China’s CATL to build electric car battery plant in Germany

German car makers have been hard at work lining up their supply chains to produce large volumes of electric vehicles

Higher oil prices to spur orders for smaller, fuel efficient jets at Farnborough Airshow

In the first detailed order forecast ahead of the major aviation industry event, consultancy IBA says it expects up to 900 orders and commitments

Shares in Torre climb after it announces plans to delist

The company has established an independent delisting committee that will recommend an appropriate offer price

Aton acquires stake in Aveng

The German group holds enough shares to block approval of tie-up

Chinese firm Sinovel fined for theft of secrets in US

The decision comes on the day Washington unleashed import tariffs on $34bn of Chinese products

Cash crunch puts squeeze on Esor

The struggling construction group’s share price is down as much as 40% to record lows

Thyssenkrupp to take its time replacing CE Heinrich Hiesinger

The German industrial group’s board has asked the remaining executives to lead the company for now

Local steel and aluminium firms yet to feel the pinch of Trump’s tariffs

However, there are signs local producers are already trying to cut costs in anticipation of tougher trading conditions

Basil Read closes in on funds

Construction firm, which went into business rescue in June, is close to securing money to continue doing business

Boeing to take over Embraer’s commmercial jets in joint venture deal

Talks between the two started in December with Brazil’s government initially opposed to giving up control; Embraer’s commercial unit is valued at ...

Renault and Nissan bide time on merger decision

A solution to cement ties would be found before Carlos Ghosn, the chairman of both the car makers, is due to step down as CEO of Renault in 2022

GE’s Latin America CEO arrested for fraud in sprawling investigation

General Electric’s Daurio Speranzini Jr was arrested on Wednesday — with 21 more arrest warrants out involving some 37 companies

Tesla takes a well-earned production break for July 4

The break will allow upkeep and maintenance, as the car maker reported on Monday that Model 3 output passed its 5,000-cars-a-week target by the end of June

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.