{"id":50979,"date":"2026-07-08T13:11:04","date_gmt":"2026-07-08T13:11:04","guid":{"rendered":"https:\/\/naijaglobalnews.org\/?p=50979"},"modified":"2026-07-08T13:11:04","modified_gmt":"2026-07-08T13:11:04","slug":"oil-prices-jump-over-5-after-trump-suggests-ceasefire-with-iran-has-ended-following-fresh-us-strikes-business-live-business","status":"publish","type":"post","link":"https:\/\/naijaglobalnews.org\/?p=50979","title":{"rendered":"Oil prices jump over 5% after Trump suggests ceasefire with Iran has ended following fresh US strikes \u2013 business live | Business"},"content":{"rendered":"

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Key events<\/p>\n

<\/span><\/span><\/p>\n

Tata Steel’s Dutch branch faces legal action<\/h2>\n

The Dutch prosecutor\u2019s office said today it is launching legal action against the Dutch branch of the Indian steelmaker Tata Steel<\/strong>, over allegations of deliberate discharge of harmful substances into the environment.<\/p>\n

The prosecutor\u2019s office said, according to Reuters:<\/p>\n

double quotation markThe public prosecutor\u2019s office suspects the firm of having committed various criminal offences, including deliberate and unlawful release of harmful substances into the atmosphere, which could have adverse consequences for public health.<\/p>\n

A criminal investigation, focused on the process of steel production and operation of Tata Steel\u2019s coke oven gas plants, was launched in the wake of a complaint lodged in 2022 by a lawyer representing more than 800 complainants, the prosecution service said.<\/p>\n

double quotation markHaving examined the case file, the public prosecutor\u2019s office considers the criminal investigation provides sufficient evidence to bring criminal proceedings against the firm and take the case to court.<\/p>\n

Tata Steel IJmuiden<\/strong>, the Indian multinational\u2019s main Dutch-based steelworks, is also suspected of having \u201cfailed in its duty of care\u201d.<\/p>\n

The prosecutor\u2019s office accuses the company, among other things, of failing to carry out sufficient maintenance, operating \u201cwithout authorisation\u201d and failing to report \u201cseveral incidents involving raw coke\u201d, which is the product resulting from coal combustion.<\/p>\n

Coke is used in blast furnaces to convert iron ore to iron that can be further refined to produce steel. But resulting emissions comprise toxic air pollutants.<\/p>\n

In response, Tata Steel IJmuiden (TSIJ) said it took the concerns expressed and criticisms seriously and added it would continue \u201cto take improvement measures without let-up\u201d.<\/p>\n

The steelmaker said it is trying to minimise how much under-baked coke is produced, while adding that it is \u201ctechnically inevitable that coke will not be fully baked\u201d on occasion.<\/p>\n

TSIJ also said it feels there is no point bringing criminal proceedings concerning a limited number of past incidents because it has addressed them via \u201ctechnical improvements.\u201d<\/p>\n

Aside from the proceedings now being brought against Tata Steel, an investigation is also under way to determine personal criminal liability of \u201cthose in management positions,\u201d the public prosecutor\u2019s office stated.<\/p>\n

An initial preliminary hearing has been scheduled for 20 November at the Amsterdam District Court.<\/p>\n

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Fuel on the fire: why oil companies are profiting as the world gets dangerously hot<\/h2>\n

As the world swelters in ever more dangerous heat, why are oil companies being allowed to turn up the gas instead of paying for the consequences of their greed?<\/p>\n

That ought to be the question on everyone\u2019s minds amid baking heat domes over much of the northern hemisphere, temperature records being smashed day after day, children dying in locked cars, hospitals filling with heatstroke victims and emergency services tackling wildfires.<\/p>\n

There is no doubt that oil, gas and coal companies already bear a disproportionate share of the blame yet have a financial incentive to further disrupt the climate. These perverse incentives will continue unless their generous government subsidies are replaced with windfall taxes.<\/p>\n

There is an overwhelming scientific consensus that the more fossil fuels are burned, the hotter the planet will get. The latest attribution study concludes that the \u201cmost severe and widespread heatwave to have ever affected this large a region of Europe\u201d could not have happened without human-caused climate change.<\/p>\n

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Gas prices jump 5% after Trump comments<\/h2>\n

Wholesale gas prices rose about 5% after Donald Trump<\/strong> said the memorandum of understanding to end the conflict with Iran was \u201cover\u201d, sparking fears about liquefied natural gas supplies from the region.<\/p>\n

The benchmark Dutch front-month gas contract at the TTF hub rose \u20ac2.424 to \u20ac49 per megawatt hour (MWh). It touched \u20ac49.76 at one stage, its highest level since 11 June.<\/p>\n

The British front-month contract increased 6 pence to 116.75p per therm.<\/p>\n

Trump said the interim agreement with Iran was \u201cover\u201d after both sides resumed attacks. The US launched a new wave of strikes and Tehran hit US bases in the Gulf, after several tankers in the strait of Hormuz were attacked on Tuesday.<\/p>\n

About a fifth of the world\u2019s liquefied natural gas (LNG) supplies typically pass through the waterway.<\/p>\n

A Qatari LNG tanker was at risk of exploding and a Saudi crude tanker was damaged near the strait on Tuesday, and maritime authorities raised the threat risk for vessels transiting the waterway to severe. The Qatari tanker is awaiting salvage once a fire on board has \u200bbeen extinguished.<\/p>\n

Analysts at Engie EnergyScan said:<\/p>\n

double quotation markThe attacks, including a Qatari LNG carrier, reignited supply risk concerns, prompting a swift risk premium rebuild as shipping traffic through the strait remains well below normal.<\/p>\n

The International Energy Agency said on Tuesday that if the strait is not fully reopened before October, global LNG supply could record its first annual decline since 2012.<\/p>\n

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Updated at\u00a007.38 EDT<\/p>\n

UK and other government bond yields soar on Middle East<\/h2>\n

UK and other government borrowing costs have risen sharply today, as traders reassess the outlook for inflation and interest rates on the back of Middle East developments.<\/p>\n

Bond yields are continuing to climb, with the yield (or interest rate) on the UK\u2019s 10-year gilt rising 10 basis points earlier. It is now up nearly 9bps at 4.94%. The equivalent German Bund yield has also risen 9bps.<\/p>\n

This is the benchmark gilt\u2019s biggest one-day move since mid-May, after Donald Trump<\/strong> said that the US ceasefire agreement with Iran is \u201cover\u201d.<\/p>\n

This triggered a 6%-plus jump in the oil price, and could lead to higher inflation, which in turn could lead to higher interest rates.<\/p>\n

Traders are betting on a quarter-point rate hike from the Bank of England by the end of the year, which would take its base rate to 4% from 3.75% at present. They see a 50% chance of a hike by September, and a near-80% chance of a move by December.<\/p>\n

Yields are rising across the gilt curve, with 20-year bond yields 8bps higher while the 30-year is up 7bps.<\/p>\n

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Updated at\u00a006.55 EDT<\/p>\n

The UK online trading platform IG Group wants to set up a new group holding company in Jersey as part of a strategic overhaul.<\/strong><\/p>\n

The FTSE 10o company\u2019s Jersey plan reflects its shift away from its British roots, with two-thirds of revenues now coming from outside hte UK.<\/p>\n

IG posted an 18% increase in revenues in the first half of the year, as active customer numbers climbed 66%.<\/p>\n

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Port of Dover faces \u2018utter chaos\u2019 under struggling EU entry system, MPs warn<\/h2>\n

On the travel front, cross-Channel ferry passengers and the port of Dover face \u201cutter chaos and miles of tailbacks\u201d under the EU\u2019s entry\/exit system (EES) unless the technology is fixed or checks suspended by next week, MPs have warned.<\/p>\n

The home affairs select committee chair, Karen Bradley<\/strong>, urged the government to \u201capply maximum pressure\u201d on the French authorities to act on the EES before peak holiday traffic arrives at the port.<\/p>\n

Dover normally experiences its busiest weekend by the time most schools have officially broken up for summer, so it expects traffic to peak from Friday 17 July.<\/p>\n

The port said EES checks at the start of the May half-term holiday led to four and a half hours of delays, and it expects almost 50% more vehicles to travel through Dover this summer.<\/p>\n

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Tesco considering sale of central European operations<\/h2>\n

Sarah Butler<\/span><\/p>\n

Tesco<\/strong> is considering a sale of its operations in Hungary, the Czech Republic and Slovakia \u2013 its last overseas outpost.<\/p>\n

The sale of the businesses, which involves 561 stores employing more than 22,000, as first reported by the Financial Times, would mark the end of its global empire which once encompassed the US, Korea, China and Turkey.<\/p>\n

This empire has gradually been sold off in a series of deals as Tesco focused on the UK in the wake of its financial difficulties prompted by an accounting scandal in 2014.<\/p>\n

In its recently published annual report, Tesco said profits had dipped in its eastern European business as a result of increased competition in Slovakia and rising regulatory issues. It wrote down the value of its stores by \u00a375m.<\/p>\n

It is expected that Tesco would use the proceeds of a sale to underpin its efforts to keep down prices and invest in technology and potentially more stores to maintain its position as the UK\u2019s biggest supermarket group.<\/p>\n

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Summer holiday bookings bounce back amid fragile Middle East ceasefire, Jet2 says<\/h2>\n

Summer holiday bookings have bounced back recently after the fragile ceasefire in the Middle East, the package holiday operator Jet2<\/strong> has said.<\/p>\n

The company, which flies about 20 million people every year, said its summer bookings are up by 7.1% compared with this time last year and the average load factor \u2013 which measures its available seating capacity filled with paying passengers \u2013 is up 1.2 percentage points.<\/p>\n

<\/span>Karakoy beach in Istanbul, Turkiye.<\/span> Photograph: Anadolu\/Getty Images<\/p>\n

The chief executive, Steve Heapy<\/strong>, said:<\/p>\n

double quotation markThere is still a massive amount of people who want to go away. But they have delayed their purchase because they wanted to see what happened with the conflict.<\/p>\n

The market is now in good shape, and consumers are desperate to go away and perhaps sleep in a room with air conditioning.<\/p>\n

The travel industry had said that many holidaymakers were putting off booking their trips this summer because of fears around higher jet fuel bills and disruptions triggered by the war in the Middle East.<\/p>\n

But there has been a strong recovery in recent weeks across all of Jet2\u2019s destinations, the company said. Shares in Jet2, which is listed in London, jumped by about 10% in early trading on Wednesday after the comments, despite signs of renewed tensions in the Middle East.<\/p>\n

Heapy said:<\/p>\n

double quotation markTurkey, Cyprus, eastern Greek islands, Bulgaria and parts of north Africa have rebounded the most in percentage terms, but all destinations have increased.<\/p>\n

ShareSarah Butler<\/span><\/p>\n

Associated British Foods, the owner of Twinings, Kingsmill and Primark, is to rename its baker arm Hovis Bakeries after completing the takeover of rival baker Hovis.<\/strong><\/p>\n

The company appeared to indicate that job cuts could be on the cards as it said the deal would \u201cdeliver substantial operational synergies and efficiencies across production and distribution\u201d but involve upfront costs on restructure.<\/p>\n

George Weston<\/strong>, the chief executive of Associated British Foods, said:<\/p>\n

double quotation markThe completion of this transaction is a significant step towards the delivery of a profitable UK bread business. By combining our expertise, scale and capabilities with targeted investment into new product categories, this business can return to growth, provide greater consumer choice, serve our customers better than ever and so create value for shareholders. The transaction will support the wider UK economy, including by securing high-quality jobs.<\/p>\n

The \u00a375m deal has been finalised after the UK\u2019s competition watchdog ruled that the takeover did not raise competition concerns because if the deal did not go ahead \u201cthe most likely outcome\u201d would be ABF\u2019s bakeries arm leaving the UK market entirely.<\/p>\n

<\/span>Loaf of Hovis sliced granary bread.<\/span> Photograph: Graham Turner\/The GuardianShare<\/p>\n

Britons to buy 8m mini fans this year \u2013 but almost half will end up in landfill<\/h2>\n

Britons are expected to buy nearly 8m mini fans this year as they are \u201csurging on to the market\u201d in the hot weather \u2013 but almost half of those are expected to be low-quality products that end up in landfill within a year.<\/p>\n

Waste managers and recycling campaigners have raised concerns as the number of online searches for electrically powered handheld fans, which sell for as little as \u00a32, has already surpassed that seen in the whole of 2025 in the first six months of this year.<\/p>\n

The late June heat surge caused Google searches to more than double on the month before, according to data sourced by the campaign group Material Focus.<\/p>\n

<\/span>A racegoer using a handheld fan at Royal Ascot in 2025.<\/span> Photograph: James Manning\/PA<\/p>\n

Electrical goods retailers have confirmed an increase in demand for cooling technology. The online specialist Joybuy<\/strong> said sales of all electrical fans were up more than 2,500% week on week during last month\u2019s heatwave. The Chinese group, which sells handheld fans for less than \u00a35, has fuelled the trend by giving away 6,000 of them free at transport hubs in London.<\/p>\n

John Lewis<\/strong> said sales of its \u00a315 neck fan more than tripled during the heatwave, while the boss of Currys<\/strong> admitted that fans were in short supply after sales rose almost 3,000% over the hottest weekend compared with a week earlier.<\/p>\n

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Ominously, Donald Trump has said<\/strong> the memorandum of understanding (MoU) with Iran is \u201cover\u201d.<\/strong><\/p>\n

Speaking at the NATO summit in Ankara, the US president said:<\/p>\n

double quotation markI do not want to deal with them any more, they are scum<\/p>\n

They are sick people, they are vicious, violent people.\u201d<\/p>\n

He then adds:<\/p>\n

double quotation markAs far as I am concerned, it\u2019s just a waste of time dealing with them. They are liars. \u2026 There is something wrong with them. They are cuckoo. As far as I am concerned, it is over.\u201d<\/strong><\/p>\n

Brent crude jumped more than 6% to a daily high of $79.26 a barrel after his remarks, as investors took fright.<\/p>\n

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Updated at\u00a006.29 EDT<\/p>\n

European stock markets slide<\/h2>\n

European stock markets are sliding, following in Asia\u2019s footsteps. There were modest losses on Wall Street on Tuesday too.<\/p>\n

The FTSE 100 index in London has lost 130 points, or 1.2%, to 10,533. The Dax in Frankfurt and the FTSE MiB in Milan both fell 1.1% whiel the CAC in Paris lost 0.9% and the Ibex was down nearly 1%.<\/p>\n

Richard Hunter, <\/strong>head of markets at the trading platform interactive investor, said:<\/p>\n

double quotation markThe waves of doubt from Asia washed on to US shores, where Samsung Electronics<\/strong> shares had fallen by 7% despite a blockbuster set of numbers. Not only does this bring into question AI valuations alongside an increasingly high bar of expectation, the imminent second quarter earnings season in the US is now primed for the most severe of tests and thus the possibility of widespread disappointment to all but the strongest of profit reports.<\/p>\n

The calls are becoming increasingly loud that the levels of capital investment could struggle to produce the productivity gains and profits to justify a decent rate of return, if at all. As such, US markets struggled to make headway as investors sought solace in sectors such as healthcare and financials as the rotation continued, and in the likes of Walmart which announced product price cuts to maintain its domestic dominance.<\/p>\n

Sentiment was also negatively affected on what is becoming a ceasefire in the Middle East in name only.<\/strong> Reports of an Iranian attack on a liquefied natural gas tanker in the Strait of Hormuz was followed by retaliatory US strikes in the region, leading to a spike of more than 3% in oil prices. The US also reimposed crude oil sales sanctions on Iran, all of which casts real doubts on the longer-term outlook for peace in the Middle East.<\/p>\n

While the Federal Reserve\u2019s minutes later today will not include this latest development, the central bank\u2019s clear focus on inflation will need to be reassessed, putting the possibility of a rate hike this year back on the table.<\/p>\n

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Vistry warns of first-half loss, unsold homes and discounting<\/h2>\n

Vistry Group, one of Britain\u2019s biggest housebuilders, has warned of a loss in the first half, caused by a load of unsold homes forcing it to resort to discounting.<\/p>\n

Adam Daniels<\/strong>, the new chief executive, has been in post for three months and has pushed through price cuts to shift homes that won\u2019t sell. Vistry, formerly known as Bovis Homes, had \u00a3600m of unsold private homes at the start of the year, but has roughly halved this and is left with under \u00a3300m of unsold properties.<\/p>\n

It said \u00a3190m of the reduction will come through upon completion of the sales during the second half.<\/p>\n

The average discount it offered to private buyers was 7.1%, up from 1.4% in the first half of last year.<\/p>\n

Vistry expects to make a loss before tax of \u00a330m in the first half of the year, worse than its estimate in May when it forecast a significantly reduced profit compared with last year.<\/p>\n

Its chief financial officer, Tim Lawlor<\/strong>, has quit after four years with the company. He will leave in October to take up a CFO role in a large privately-owned business in a different sector.<\/p>\n

After a positive start to the year, market conditions deteriorated in the second quarter, reflecting increased uncertainty and lower customer confidence triggered by the Middle East conflict, Vistry said.<\/p>\n

double quotation markAlthough we would welcome some demand-side stimulus we are not anticipating a significant change in open market conditions in the second half, or in early 2027.<\/p>\n

Build cost inflation is stabilising at around 3%-4% after rising in the first half, with costs of building materials pushed higher by the ramifications of the war in the Middle East.<\/p>\n

The new boss Daniels is carrying out a review of the business and will announce the outcome in September. The company is seeking to cut \u00a325m of annual costs through voluntary redundancies and more selective hiring.<\/p>\n

In recent years, Vistry has shifted towards building social homes in partnership with with housing associations, local authorities and build to rent investors, and is negotiating new framework agreements with 10 of its key partners.<\/p>\n

Vistry rebranded from Bovis after taking over the housebuilding division of Galliford Try<\/strong> in a \u00a31.1bn deal in 2020 and acquired the \u201cpartnerships\u201d business Countryside<\/strong> for \u00a31.3bn two years later.<\/p>\n

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Updated at\u00a004.52 EDT<\/p>\n

Segro, the FTSE 100 warehouse landlord, is forming a joint venture to build a data centre in Paris.<\/strong><\/p>\n

The company is in talks with the US logistics company Prologis<\/strong> about a proposed \u00a312.6bn takeover, plans to construct a fully fitted data centre in a 50-50 partnership with the UK-based Pure Data Centres Group.<\/p>\n

Segro is also discussions over a first fully fitted data centre lease in Park Royal, London. It says it has Europe\u2019s largest data centre cluster.<\/p>\n

Segro\u2019s properties in the first half were 94.5% full, down 0.4% from December.<\/p>\n

The company, founded in 1920, owns, manages and builds modern warehousing, industrial property and data centres across the UK and seven other European countries, with a portfolio of 10.9m square metres of space, from big-box logistics to urban warehouses and data centres.<\/p>\n

In the US, the construction of scores of data centres to power AI has sparked huge concerns among local residents (who are usually not consulted) about the pollution and noise they cause and the impact on drinking water, the vast amounts of energy they consume, and the destruction of natural habitats.<\/p>\n

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Updated at\u00a003.39 EDT<\/p>\n

Severn Trent had ‘serious failings’ in wastewater duties but escapes fine<\/h2>\n

The water company Severn Trent<\/strong> has been found <\/strong>to have had \u201cserious failings\u201d in its duties to deal effectively with wastewater and sewage, but escaped a fine.<\/p>\n

Britain\u2019s water regulator Ofwat said it decided not to impose a financial penalty because the company took proactive steps to identify failures and invest \u00a398m to address them.<\/p>\n

This includes additional capacity at 65 wastewater treatment sites, storm tank improvements, increased storage at storm overflows, and \u00a326m of \u201cnature-based solutions\u201d in the Mansfield area.<\/p>\n

This is the eighth case in Ofwat\u2019s sector-wide wastewater investigation which has so far led to enforcement packages and fines of more than \u00a3300m.<\/p>\n

<\/span>A gate at Severn Trent Water’s Cropston Reservoir.<\/span> Photograph: Darren Staples\/Reuters<\/p>\n

Ofwat\u2019s investigation found that Severn Trent Water breached its duties, failing to effectually provide drainage and deal with the contents of its sewers. The company was also found to have breached requirements of its licence to have in place adequate processes and systems to meet those duties.<\/p>\n

While it now has the right processes in place, the company is required to fix all outstanding issues, the regulator said.<\/p>\n

In contrast to the seven other cases, Severn Trent Water proactively identified problems in its own network and began putting them right before Ofwat opened an enforcement case against the company in July 2024.<\/p>\n

Two other wastewater cases remain open.<\/p>\n

Lynn Parker<\/strong>, senior director for enforcement at Ofwat, said:<\/p>\n

double quotation markOur investigation found serious and unacceptable breaches by Severn Trent Water \u2014 that is not in question and the company accepts it. But their response to those failures sets a standard we expect from all companies: identifying the problem, proactively investing to fix it, and cooperating openly with the regulator.<\/p>\n

The 41% reduction in spills we are now seeing is what genuine accountability looks like in practice. We will always act where companies fail their customers and the environment. But we will also be clear, publicly, when a company does the right thing.<\/p>\n

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Virgin Media fined \u00a328m for preventing customers from cancelling contracts<\/h2>\n

Lauren Almeida<\/span><\/p>\n

Virgin Media<\/strong> has been fined \u00a328m by the UK telecoms watchdog for repeatedly preventing customers from cancelling their contracts over a near-three-year period.<\/p>\n

Ofcom discovered that Virgin Media \u201clikely mishandled\u201d millions of phone calls between January 2022 and September 2024, with deliberate call-dropping tactics, unnecessary call transfers and putting customers on hold for \u201cno reason\u201d.<\/p>\n

The watchdog launched an investigation into the company after it received almost 2,000 complaints from Virgin Media broadband, landline and pay-TV customers who struggled to cancel their contracts.<\/p>\n

The \u00a328m fine, which was reduced by 30% as Virgin Media admitted to its failing and agreed to settle the case, is Ofcom\u2019s biggest ever under its consumer protection rules.<\/p>\n

The regulator\u2019s investigation found that millions of calls made by customers between January 2022 and September 2024 were likely mishandled by call agents \u201cin order to delay or prevent customers from cancelling and switching to a competitor\u201d. Customers can save hundreds of pounds by switching to a new deal.<\/p>\n

It also uncovered evidence of \u201cdeliberate mishandling of calls by retention team agents\u201d, with a commission scheme that \u201ceffectively encouraged\u201d and financially rewarded agents for \u201cbehaving in this way\u201d.<\/p>\n

<\/span>A Virgin Media bill.<\/span> Photograph: Jozef Mikietyn\/AlamyShare<\/p>\n

Updated at\u00a003.44 EDT<\/p>\n

Introduction: Oil prices rise after fresh US strikes on Iran and return of sanctions on Tehran<\/h2>\n

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.<\/strong><\/p>\n

Oil prices have risen by more than 3% after fresh strikes from the US and Iran tested a fragile truce.<\/p>\n

Brent crude climbed $2.49 to $76.65 a barrel, up 3.4%.<\/p>\n

The US military carried out a new wave of strikes against Iran on Tuesday and revoked a licence allowing Tehran to sell oil after three tankers were hit by projectiles in the strait of Hormuz, putting more pressure on the ceasefire agreed weeks ago to negotiate a permanent deal to end the war.<\/p>\n

NATO secretary general Mark Rutte<\/strong> said the US strikes were \u201cabsolutely necessary,\u201d talking to reporters before a summit of NATO leaders in Ankara.<\/p>\n

At least four oil and gas tankers have turned back after trying to transit the strait, a key shipping passage, according to ship-tracking data.<\/p>\n

However, at least two crude oil tankers managed to leave the strait, each carrying 2m barrels of oil.<\/p>\n

Asian stock markets fell in volatile trading, with Samsung Electronics<\/strong> shares sliding for a second day, despite the company reporting better-than-expected profits. Samsung slumped 6.8%.<\/p>\n

The Nikkei in Tokyo fell 1.6% while the Kospi index in Seoul tumbled nearly 5%. Hong Kong\u2019s Hang Seng bucked the trend, rising 3%.<\/p>\n

Sara Perring<\/strong>, head of APAC cash equity sales at JPMorgan, told Reuters<\/p>\n

double quotation markShort-term profit taking on long-term winners, particularly the AI theme, appears to be a global dynamic\u2026 we sh ould expect elevvated volatility and continued foreign sellingin orea equities in the near term.<\/p>\n

The Kospi index had rallied 192% over the last 12 months, and has now fallen about 20% from its peak, noted Jefferies analyst Mohit Kumar<\/strong>.<\/p>\n

double quotation markThe market action shows the crowded nature of the semiconductor bet but also that the sector would need to keep delivering on solid earnings to maintain the sharp rally of recent months.<\/p>\n

The Agenda<\/strong><\/p>\n

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Updated at\u00a002.46 EDT<\/p>\n","protected":false},"excerpt":{"rendered":"

Key events Tata Steel’s Dutch branch faces legal action The Dutch prosecutor\u2019s office said today it is launching legal action against the Dutch branch of the Indian steelmaker Tata Steel, over allegations of deliberate discharge of harmful substances into the environment. The prosecutor\u2019s office said, according to Reuters: double quotation markThe public prosecutor\u2019s office suspects<\/p>\n","protected":false},"author":1,"featured_media":50980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[303,1893,4924,3000,84,4606,132,268,269,85,3415,81],"class_list":{"0":"post-50979","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-ceasefire","10":"tag-ended","11":"tag-fresh","12":"tag-iran","13":"tag-jump","14":"tag-live","15":"tag-oil","16":"tag-prices","17":"tag-strikes","18":"tag-suggests","19":"tag-trump"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/50979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50979"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/50979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/50980"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}