Titanic shipbuilder sinks back into trouble

Iconic shipbuilder Harland and Wolff, famed for constructing the doomed Titanic, said Monday it faced renewed financial difficulties, forcing it to offload non-core assets to preserve its shipyards.

The Belfast-based company said in a statement that it was appointing outside administrators to help sell or wind down non-core assets, including its Scilly Ferries business.

Harland and Wolff's interim executive chairman Russell Downs said "extremely difficult decisions have had to be taken...