Thyssenkrupp AG lost a European Union court fight to overturn an antitrust veto of its plans for a European steel joint venture with Tata Steel Ltd.

BRUSSELS (Reuters) -German conglomerate Thyssenkrupp on Friday lost its fight against a European Union antitrust veto five years ago of its proposed joint venture with Tata Steel, which was aimed at creating Europe's second-largest steelmaker.

The EU’s Court of Justice on Friday rejected all the arguments made by Thyssenkrupp, upholding the EU’s 2019 merger prohibition.

Tata Electronics said on Thursday that it will restart some of its operations at the fire-hit plant in southern India, which makes Apple iPhone components. "We have been working diligently since

Tata Electronics will resume most operations on Thursday in its Hosur facility that makes iPhone cases after a fire last week led to a shutdown, the company said in a statement, even as experts said the incident is unlikely to affect Apple's sales during the ongoing festive season.