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Corus is to invest £185 million into the No 4 Blast Furnace at Port Talbot steelworks.

Any list like this one is subjective and difficult to write; everybody has an opinion. Who is a better CEO, Jeffrey R Immelt or Alan Mulally? And is Martin Winterkorn better than Akio Toyoda?

Sunday's sacking of the PSA Peugoet Citroen chief executive marked the third time that the 54-year-old engineer and novelist has played for high stakes and lost, after a 100-day stint as head of Airbu

By Victoria Bryan and Humeyra PamukThe Anglo-Dutch steel group, owned by India's Tata Steel, also said its order book was down more than a third and it was to extend production cuts.