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Cyrus Mistry to be Tata Group head

Reclusive construction tycoon to replace Ratan Tata as chairman

BHP chief points to slowdown

Miner’s chief executive Marius Kloppers notes the impact on customers of eurozone worries, China’s inflation battle and tighter credit conditions

Severfield-Rowen order book improves

UK-based steel supplier says prospects boosted by an uptick in demand from the London commercial property sector

Lack of lending could block Barratt

Housebuilder abandons plans to sell off part of ‘shared equity’ mortgage book due to the downturn in financial markets

Keller Group hit by third profit warning

The construction specialist cites project delays in India and increased competition from South Korean companies for half of a £10m shortfall

Kier concerned over eurozone uncertainty

UK construction and support services group on track to meet expectations

Road toll dodging in Greece hits Hochtief

Greek drivers appear not to have targeted Hochtief, but the protests come amid tensions between Germany and Greece over the eurozone debt crisis

China’s aluminium imports poised to soar

The CRU commodities consultancy says that Chinese imports of the metal will rise to more than 1m tonnes a year by 2020

Councils detect £185m in fraud

The only annual survey of detected fraud against councils, Protecting the Public Purse, says that 121,000 scams were discovered in 2010-11

Osborne and Cable push for new UK toll road

The chancellor, backed by the business secretary, is keen to bring the private sector on board to widen the A14, a key business artery

Persimmon reports pick-up in house buying

Lafarge stock boosted by divestments

Alstom sees rise in orders, but not profits

ArcelorMittal warns of weakening confidence

China imposes curbs on buying property

Cevian largest shareholder in Bilfinger Berger

Sharjah oil group sues UAE state utility

Homeserve suspends sales activities

The cool chemist with health as a “hobby”

ArcelorMittal remains firm on Europe output

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