Thursday, July 16
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U.S. Hegseth to screen troops for low testosterone, and doctors are skepticalBusiness Britain nationalizes British Steel to save its last blast furnacesWorld India races to build AI data centers, and a coastal city counts the costEntertainment Hal Williams, the steady presence of Sanford and Son and 227, dies at 91World Europe wants to break free of US and Chinese tech, but the exits are narrowBusiness Trump moves to hit Brazil with tariffs of up to 25 percentSports The ESPYS return to New York as Brunson and Ohtani take top honorsWorld Canadian wildfire smoke chokes Toronto and drifts into the USU.S. Hegseth to screen troops for low testosterone, and doctors are skepticalBusiness Britain nationalizes British Steel to save its last blast furnacesWorld India races to build AI data centers, and a coastal city counts the costEntertainment Hal Williams, the steady presence of Sanford and Son and 227, dies at 91World Europe wants to break free of US and Chinese tech, but the exits are narrowBusiness Trump moves to hit Brazil with tariffs of up to 25 percentSports The ESPYS return to New York as Brunson and Ohtani take top honorsWorld Canadian wildfire smoke chokes Toronto and drifts into the US

Topic: nationalization

The blast furnaces and towers of a steel mill
New Business
Thursday, 7/16, 06:53 AM

Britain nationalizes British Steel to save its last blast furnaces

  • The British government has taken British Steel into public ownership, completing a rescue of the struggling Scunthorpe steelworks and its Chinese owner's shrinking operation.
  • The move keeps the country's last blast furnaces running and is meant to protect thousands of jobs and Britain's ability to make steel from scratch.

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