COMPANIES
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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