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BBCNEWS The July 5, 2024



the end of the fighting in gaza but israel has already made it clear it won t tolerate a palestinian state once the guns go silent. prime minister benjamin netanyahu has said that if it s a question of israeli security or palestinian sovereignty, he will opt for the former. but that s at odds with the two state solution which washington favours and unlikely to go down well in the rest of the middle east. also ahead tata steel has confirmed that 2,800 jobs will go when it turns off its blast furnaces at port talbot. the company says it will greatly reduce carbon emissions other voices are worried the uk will be dependent on imports for a vital resource. and a newborn baby has been found abandoned in a park in east london. we ll look at how the uk and the us are tackling issues like this we will get reaction to all of that. our panel this evening, joining us from miami, the democratic strategist hilary rosen, and in london, the chief political commentator from i n ....

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Tata Steel is up 30% in one year. But investors need to be careful. Here's why!

Steel prices have corrected nearly 33% in the past two years in the international market. However, stocks of key Indian steel companies as well as the Nifty Metal Index are trading near all-time highs. The divergence between metal prices and companies stocks might lead to the start of a downtrend in this sector going ahead, feel experts. ....

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Tata Steel proposes additional GBP 130-mn support package for Port Talbot workers in UK: CFO

Tata Steel has proposed an additional financial support package of around £130 million for workers affected by its transition plan in the UK. As part of the decarbonisation plan, the company will close high-emission blast furnaces and coke ovens in 2024 and shift to electric arc furnace-based steelmaking. The transition aims to save energy costs and reduce carbon emissions. Tata Steel CEO T. V. Narendran emphasized the challenging situation and the company s efforts to provide fair and considerate outcomes for affected employees. The comprehensive support package is in addition to the funding for the Transition Board. ....

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Tata Steel to consider additional investment in UK plant, if more government funding available: T V Narendran

Tata Steel s CEO, T V Narendran, stated that the company would consider additional future investments in its Port Talbot plant if more government funding was available. The UK government has already approved a 500 million pound package to support the plant, which is facing closure due to high carbon emissions. As part of the restructuring plan, Tata Steel will replace blast furnaces with electric furnaces to reduce carbon emissions, resulting in the loss of 2,800 jobs. Despite this, Narendran expressed willingness to explore greener ways of making steel with available funding. ....

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Tata Steel CEO says job cuts in Britain "least bad option," will continue talks, ET EnergyWorld

The steelmaker will close its two blast furnaces in Britain by the end of this year, axing up to 2,800 jobs at its Port Talbot steelworks in Wales. ....

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