Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment By Reuters

(Reuters) – The United Steelworkers union expressed concerns about Nippon Steel’s latest proposal that gives the U.S. government veto power over any potential reductions in U.S. Steel’s production capacity, if they get the approval to merge. The union, which has opposed U.S. Steel’s merger with the Japanese steel giant, said Nippon’s offer fails to commit … Read more

Rosita Missoni, co-founder of Italian knitwear label, dies

Reuters Rosita Missoni founded the brand with her late husband Ottavio in 1953 Rosita Missoni, co-founder of the eponymous Italian knitwear label Missoni, has died aged 93. The news was confirmed by the president of Italy’s Lombardy region, Attilio Fontana, who praised the brand’s iconic “multicoloured textures”. He described her death as “a great loss … Read more