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India Shuts Smelting Plant After Deadly Protests

The latest business and finance news from around the world, on the Βι¶ΉΤΌΕΔ.

Officials in the southern Indian state of Tamil Nadu have ordered the closure of a major copper smelting plant. The order came after police killed 13 people amid protests by residents in the port city of Tuticorin. For months demonstrators have been voicing their anger over what they believe is the factory's pollution risk. We get the latest from the Βι¶ΉΤΌΕΔ's Sameer Hashmi in Mumbai. US sanctions on Russia last month appear to be having repercussions: Russian aluminium producer Rusal have axed a management team appointed by oligarch Oleg Deripaska, one of seven individuals named in in the sanctions. Metals analyst Uday Patel gives us his take. Italy's Prime minister-designate Giuseppe Conte is trying to assemble his cabinet. We get the latest from the Βι¶ΉΤΌΕΔ's James Reynolds in Rome. The EU's General Data Protection Regulation comes into force on Friday. Nigel Cassidy explains why it will apply to European companies, as well as any organisation with customers in the EU. And with hikes in airfares from the UK to Kiev ahead of Liverpool's Champions League final against Real Madrid in the Ukrainian capital, we hear about the long drive ahead for some fans.

(Photo: Indian police officials run towards protestors in the southern Indian city of Tuticorin. Credit: Getty Images.)

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27 minutes

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Thu 24 May 2018 14:32GMT

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  • Thu 24 May 2018 14:32GMT