India Clears Tata Steel’s 23% TMILL Stake Purchase
Tata Steel completed its ₹335 crore purchase of IQ Martrade’s 23% TMILL stake after India’s competition approval, taking control with a 74% holding.
Logistics
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Sacramento County launches plan to turn Mather Airport into a trade hub
Sacramento County has begun an effort to expand aircraft operations at Mather Airport and explore transforming the former Air Force base into a tradeport.
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FANUC Pontiac expansion included in plan for 553 regional jobs
A Michigan Strategic Fund approval includes FANUC’s Pontiac expansion, which will add manufacturing and logistics capacity as part of 553 expected regional jobs.
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UPS raises 2026 outlook as delivery demand and fuel costs come into focus
UPS raised its 2026 outlook after stronger second-quarter revenue, but restructuring costs and workforce reductions remain central to the company’s plans.