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The company should remain american owned. the company should remain american owned. I could not auree american owned. I could not agree more _ american owned. I could not agree more with _ american owned. I could not agree more with president l agree more with president biden. Us steel should remain american owned and american operated. And i will always have the back of america *s steelworkers. Have the back of america 's steelworkers. have the back of america 's steelworkers... steelworkers. The showdown with owerful steelworkers. The showdown with powerful unions _ steelworkers. The showd...

That position mirrors that ofjoe biden, who said back in march that us Steel Corp should remain a domestically owned american firm. Us steel it should remain american owned and american operated. In other News Volkswagen is considering Closing Factories in germany to cut costs. Its an unprecedented move and sets up a showdown with powerful unions. The Auto Maker which employs around 680,000 staff is struggling with its passenger car brand. Profits are getting squeezed amid the transition to electric vehicles and a consumer spending slowdown. A four Day Conference to attract foreign investment ...

off in beijing shortly. in a break in decades—long tradition, delegates are likely to hand mr xi a third term as party chief. and those are your latest headlines. jeremy hunt said there was a clear focus jeremy hunt said there was a clearfocus on mines jeremy hunt said there was a clear focus on mines of stability. mr bailey warned of high interest rates ahead more than previously expected. business corresponded marc ashdown has analysis. smiles and a new political phrase, trussonomics, liz truss�*s high—growth, low—wage tax economy. three weeks later, new chancellor has buri...

it paves the way for him to become the most powerful leader since mao zedong. and those are your latest headlines. the governor of the bank of england, andrew bailey, has spoken to the new chancellor, jeremy hunt, and says there was a "clear meeting of minds" on the importance of stability. now mr bailey has also warned of the possibility of higher interest rates ahead, more than previously expected. our business correspondent, marc ashdown, has this analysis. all smiles launching the mini—budget at the end of september. and with it a new political phrase — trussonomics, describi...

but just three weeks later, her new chancellor has buried it. have you been given a clean slate? can you change elements of the mini—budget if you want to? yes, and the fundamental thing the prime minister wants me to do and i need to do is to be completely honest with the country. trussonomics reversed, then, tax cuts likely replaced with tax rises, huge investment replaced with a spending slowdown. this rethink has largely been driven by the turmoil in the financial markets since the mini—budget was announced. the pound has had a torrid time. the effective cost of government bo...