Last months election, following its decision to void uhuru kenyattas victory. His supporters staged protests outside the court in nairobi yesterday. Now its time for World Business report. Merging metals. Tata steel and thyssenkrupp are set to combine to create the second largest steelmaker in europe. Keeping the us economy ticking. Americas central bank could announce a reversal of the most ambitious Stimulus Programme in history. Welcome to World Business report. Im sally bundock. Also in the programme, this is climate week in new york city samira has been talking to Company Bosses there about the battle against Climate Change under a sceptical president. But first, the bbc understands that tata steels european operations and german steel manufacturer thyssenkrupp have agreed the first stage of a deal to merge. The two companies have been in negotiations since last year when tata halted the sale of its uk business. Talks had stalled over tatas huge pension liabilities. But now theyre
Tata says break up of European business will only see a small number of job losses
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Avantium targets net-zero operations and shoots for fossil-free chemicals sector
Chemicals firm Avantium has vowed to become a net-zero and fully circular business by 2030, as part of a new sustainability strategy aiming to make the entire sector fossil-fuel-free by 2050.
Image: Avantium
Avantium has this week launched its ‘Chain Reaction 2030’ plan that revamps principles listed in a sustainability manifesto that the company published last year.
Chain Reaction 2030 commits the company to reach net-zero carbon emissions across its own operations in the next nine years. By 2025, Avantium will send zero non-hazardous waste to landfill or to be incinerated, and by 2023, all Avantium plants will have achieved ISO45001 certification.
Covid tests save firms thousands of working days
Tata steelworks, Port Talbot
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Several large companies have announced encouraging results from workplace Covid-19 tests, that they say have saved thousands of working days and allowed sites to continue operating throughout the UK.
Retailer John Lewis, which also runs Waitrose, said it had conducted more than 45,700 government-supported tests, with fewer than 1% of results returning positive. This had led it to save 6,643 working days for 2,286 employees, it said.
Meanwhile, Tata Steel said daily tests had helped avoid production pauses at its Port Talbot, South Wales, plant, which had saved it hundreds of thousands of pounds.
Some of Britain s biggest firms have prevented thousands of sick days and kept entire factories from shutdowns by rolling out rapid Covid-19 tests for staff.
John Lewis, steelmaker Tata and carmakers Jaguar and Bentley saved hundreds of thousands of pounds after they set up schemes for employees, The Mail on Sunday can reveal.
Business chiefs last night said that the stunning results from the mass workplace checks – which can take as little as 15 minutes – showed they can play a vital role in rebooting the economy.
The MoS today launches a campaign to make Covid tests at work commonplace across the UK and help bring staff back to factories, plants, shops and offices as the vaccine drive gathers pace.
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