Business

Tata Steel sweetens offer to United Kingdom workers, moves closer to merger

Tata Steel sweetens offer to United Kingdom workers, moves closer to merger

The leading trade unions for the steel industry said Tata Steel has committed to production at Port Talbot and other steelworks across the UK. British unions said Tata had offered to invest 1 billion pounds ($1.26 billion) in its United Kingdom business over the next decade, and had committed to try to avoid any compulsory redundancies for five years.


Serbia confirms first case of H5N8 bird flu

Serbia confirms first case of H5N8 bird flu

Similar measures were declared in England . "Even when birds are housed a risk of infection remains so this must be coupled with good biosecurity-for example disinfecting clothing and equipment, reducing poultry movement and minimising contact between poultry and wild birds".



Woman at heart of South Korean scandal refuses to testify

Lawmakers in South Korea's National Assembly have voted to impeach President Park Geun-hye. Whips within the ruling Saenuri party said its parliamentarians could vote according to their conscience. "If the impeachment is voted down, it will mean the fall of politics and the end of the 20th National Assembly". Park's office says she accepted the resignation by Choi Jai-kyeong, presidential secretary for civil affairs, and named lawyer Cho Dae-hwan to replace him.


How the Dow Jones industrial average finished Friday

How the Dow Jones industrial average finished Friday

Largely forgotten is that as the Trump victory unfolded deep into the night of November 8, Dow futures plunged 1,000 points. The Dow Jones industrial average jumped 286 points, or 1.5 percent, to 19,538 as of 3:35 p.m. He did not say how his administration plans to do that. ENERGY: A rally in oil prices petered out after four days of gains driven by OPEC's deal to cut production next year.



Chapman, Yankees reach deal for $86M, 5 years

Late Wednesday night, the New York Yankees agreed to sign Aroldis Chapman to a five-year, $86 million contract. It's a risky venture for the Yankees . Melancon is an All-Star and has been somewhat overshadowed by Chapman and Jansen this off-season. Chapman also had some off-field issues that plagued him past year and being the Cubs' best reliever in the latter half of the season did take a toll on him.