Germany's Biggest Steel Maker Cancels Dividend

ThyssenKrupp AG, Germany’s biggest steelmaker, won’t pay an annual dividend after posting a second straight yearly loss, including a 3.6 billion-euro ($4.7 billion) writedown on its Steel Americas unit.

IG Asia's Pan Sees U.S. Market Rally Continuing
50:03 - IG Asia Market Strategist Jingyi Pan discusses her outlook for the markets. She speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Toshiba Board Approves Westinghouse Chapter 11 Filing
  • Survey Shows Most Optimistic Consumers Reside in Asia
  • British Pound Fell Before Formal Brexit Trigger