| Tata Steel Makes a Deal to Stay Open in Britain, Preserving Up to 11,000 Jobs
The New York Times, December 8, 2016 Thursday
LONDON -- Tata Steel said on Wednesday that it had reached an agreement with trade unions to provide at least a temporary reprieve for the largest steelworks in Britain. In the deal, which still needs to be approved by employees, Tata, a subsidiary of Tata Group, the Indian conglomerate, would keep the giant steel plant at Port Talbot in South Wales and other parts of its steel business going in Britain until 2021, preserving as many as 11,000 jobs. Tata had been trying unsuccessfully to...