Tag #Nationalization

Showing 49 to 60 of 74 results

theguardian.com
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Scunthorpe Steelworks Faces Closure: Urgent Calls for Nationalization

The Scunthorpe steelworks, employing thousands and vital for national security, faces closure due to Chinese owner Jingye's reported daily \£700,000 losses, prompting calls for government nationalization to prevent 2,700 direct job losses and safeguard the steel industry.

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48% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK Government Takes Control of British Steel's Scunthorpe Plant

The UK Parliament passed an emergency bill granting the government control of British Steel's Scunthorpe plant, preventing its closure, safeguarding 3,500 jobs, and securing the UK's primary steelmaking capacity after negotiations with the Chinese owner Jingye failed.

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40% Bias Score

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politico.eu
🌐 85% Global Worthiness
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UK Government Intervenes to Save British Steel Plant

The UK government will temporarily take control of British Steel's Scunthorpe plant, saving 3,000 jobs, after its Chinese owner threatened closure due to financial losses, prompting a political debate and impacting upcoming local elections.

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60% Bias Score

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elpais.com
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UK Averts British Steel Closure with Emergency Parliament Session

The UK government is holding an emergency parliamentary session to prevent the closure of British Steel's last two blast furnaces, saving 2,700 jobs, after unsuccessful negotiations with the Chinese owner, Jingye, amid rising global instability and US tariffs.

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48% Bias Score

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news.sky.com
🌐 85% Global Worthiness
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UK Government Considers Nationalizing British Steel Amidst Plant Closure Threat

Facing potential closure next month, British Steel's Scunthorpe plant—the UK's last operating blast furnace—is at risk after its owner cancelled material orders; the government is exploring nationalization while considering economic and environmental factors.

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48% Bias Score

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dw.com
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Russia Seizes €26 Billion in Private Assets in 2024

Russia's General Prosecutor's Office seized nearly 2.4 trillion rubles (€26 billion) of private assets in 2024, including five strategic enterprises, using various legal mechanisms to justify seizures often targeting businesses deemed to be against state interests or with links to foreign investors.

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64% Bias Score

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theguardian.com
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UK Government Intervenes to Rescue British Steel

The UK government will spend millions to rescue British Steel from collapse after its Chinese owner, Jingye, said it could not afford to keep the Scunthorpe plant open, prompting concerns about mass redundancies and the loss of the last remaining maker of mass-produced virgin steel in England.

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40% Bias Score

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news.sky.com
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UK Government Takes Control of British Steel

The UK government took emergency control of British Steel's Scunthorpe plant on Saturday, averting its closure and preserving 3,500 jobs after its Chinese owner, Jingye, refused to supply raw materials; Parliament was recalled for the first time in over 40 years to pass enabling legislation.

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48% Bias Score

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politico.eu
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UK Parliament to Debate Emergency Legislation for British Steel

The UK parliament will recall on Saturday to debate emergency legislation to place British Steel under state control, preventing the closure of its Scunthorpe plant, which would threaten 3,000 jobs and leave the UK as the only major G7 economy unable to produce virgin steel.

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36% Bias Score

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dw.com
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Rotenberg Brothers Orchestrate Russia's "Soft Nationalization," Seizing Trillions in Assets

Arkady and Boris Rotenberg orchestrated Russia's "soft nationalization" seizing assets worth almost 2.4 trillion rubles in 2024, including shares of Sheremetyevo Airport and at least three companies acquired by Roskhim, a conglomerate linked to them, following the departure of foreign businesses aft...

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48% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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British Steel's Scunthorpe Plant Faces Closure, Nationalization Considered

British Steel's Chinese owner, Jingye, is threatening to close the Scunthorpe plant, putting 2,700 jobs at risk due to cancelled coal shipments and unpaid iron pellets; the government is considering nationalization.

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52% Bias Score

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liberation.fr
🌐 75% Global Worthiness
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Vencorex Crisis Highlights Contradiction in Macron's Reindustrialization Plan

French MP Aurélie Trouvé criticized the government's rejection of nationalizing Vencorex, a chemical company crucial for France's defense industry, arguing it contradicts President Macron's reindustrialization goals and threatens national strategic interests.

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44% Bias Score

Industry, Innovation, and Infrastructure

Showing 49 to 60 of 74 results