British Steel jobs threat; Dutch merger fearsChristopher Sims
British Steel is cutting 400 jobs at its sites in the UK and elsewhere in Europe as it blamed a weak pound and euro for driving up costs. The firm said it was shedding almost 10% of its 5,000-strong workforce in a bid to “streamline” its operations and secure a long-term future....
Jingye Group pledges ￡1.2bn investment into British Steel: Completion of acquisition secures approximately 3,200 jobsJingye Group is to invest ￡1.2bn into British Steel following the Chinese steelmaker's acquisition of the company's UK and Netherlands assets. Included in the transaction are ...
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Where the allies diverge slightly is on the trade side, where the U.S. has pushed measures like tariffs aiming to rectify Chinese “overcapacity” in industries like steel and electric vehicles. The U.S. frames these issues in national security terms, but some trading partners have ...
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“Labour inherited the fastest growing economy in the G7 but since they arrived business confidence has collapsed and jobs are being lost.” Published 2 days ago on admin Donald Trump has warned the European Union he will impose a 200% tariff on its alcohol – including wine and champagne –...
Michael Green Architecture'sWood Innovation Design Centerin Prince George has been deemed to be an exemplar fortall timber buildings, whilePatkau Architects' origami-inspired One Fold research project illustrates the structural potential of folding steel sheets. A closer look at both projects, after ...
GFG Alliance said Friday it expected Jingye Group's purchase of British Steel to proceed, with formal completion date widely expected next Monday. "We note the expected completion of Jingye's purchase of British Steel and sincerely wish for the best outcome for British Steel's 4,000 workers an...
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