Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1627
    +0.0016 (+0.14%)
     

  • GBP/USD

    1.2528
    +0.0004 (+0.03%)
     

  • Bitcoin GBP

    48,451.19
    -1,203.73 (-2.42%)
     

  • CMC Crypto 200

    1,254.92
    -103.09 (-7.59%)
     

  • S&P 500

    5,221.94
    +7.86 (+0.15%)
     

  • DOW

    39,498.92
    +111.16 (+0.28%)
     

  • CRUDE OIL

    78.30
    -0.96 (-1.21%)
     

  • GOLD FUTURES

    2,374.00
    +33.70 (+1.44%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

IG Metall union opposes potential Liberty Steel takeover of Thyssenkrupp's steel unit

Reuters
·1-min read
ThyssenKrupp steel factory in Duisburg

DUESSELDORF (Reuters) - The German IG Metall union rejects a potential takeover of Thyssenkrupp's <TKAG.DE> steel unit by Liberty Steel Group as it could lead to job losses and a breakup of the German company, its North Rhine-Westphalian regional leader told Reuters.

"This is exactly what we warned about," Knut Giesler said. "Politicians must act now."

The privately-held Liberty Steel Group is set to make a bid for Thyssenkrupp's ailing steel unit as soon as Friday, a source close to the process told Reuters on Thursday.

(Reporting by Tom Kaeckenhoff, writing by Kirsti Knolle; editing by Riham Alkousaa)