NewsThe GuardianTata Steel rejects union plan to save jobs and keep Port Talbot furnace open
Rejection of plan to keep one blast furnace open while building electric replacement ends hopes of avoiding as many as 2,800 job losses
BusinessEvening StandardFTSE 100 Live: Index falls back from record highs as US GDP disappoints, £31bn mining takeover move
A £31 billion takeover pursuit and some robust blue-chip updates helped to boost the FTSE 100 index today. Anglo American, whose interests include De Beers and the giant Woodsmith polyhalite project in North Yorkshire, is the target of Australia’s BHP. Meanwhile, shares in Barclays, AstraZeneca and Unilever performed strongly after their first quarter updates.
BusinessThe TelegraphSouth African backlash throws £31bn FTSE miner takeover into doubt
South Africa has thrown a £31bn bid for mining titan Anglo American into immediate doubt after its mineral resources minister criticised the deal.
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