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|BERLIN Chaussures Femme Adidas Superstar 2 Grise Rouge G17252 Pas Cher , Sept. 20 (Xinhua) -- After more than a year of negotiations, the German industrial group Thyssenkrupp on Wednesday agreed on the merger of its European steel division with its Indian competitor Tata. However, Thyssenkrupp's works council has announced its plans to enact strong resistance against the merger.
The final agreement is to be signed in 2018, Thyssenkrupp announced Wednesday at its headquarters in Essen. The companies will cut 2 Chaussures Adidas Superstar 2 Grise Noir Pas Cher ,000 jobs each and save up to 600 million euros (720 million U.S. dollars).
The new company will be based in the Netherlands. Thyssenkrupp and Tata intend to hold 50 percent of the shares each. After the merger, the company will employ approximately 48,000 workers, of which 27 Chaussures Adidas Superstar II Noir Or V24625 Pas Cher ,000 come from Thyssenkrupp.
The merger still has to be approved by the supervisory board of the German company.
The works council and the metalworker's union IG Metall resisted the plan against the backdrop of the potential threat of massive cuts in locations and employees.
The employee representatives have called for protests on Friday with 5,000 steel workers expected to attend. In addition, employee representatives announced they would unanimously vote against a merger with the Indian competitor in the event of a vote in the supervisory board. Such a voting would be a novelty in the company's history.
Thyssenkrupp steel division's works council criticized the merger plans.
"The board has put all eggs in one basket against all warnings. This does not mean that we approve," the head of the works council of the steel division Guenter Back told dpa on Wednesday Chaussures Adidas Superstar II Blanche G43681 Pas Cher , adding that a merger would in the end result in "significantly more" jobs to cut.
Thyssenkrupp Group CEO Heinrich Hiesinger emphasized the need for further consolidation in the past in light of global overcapacity. Even without such a merger, cuts in staff and locations would be necessary, he had argued.
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PORTO ALEGRE Chaussures Adidas Superstar II Blanche G17071 Pas Cher , Sept. 10 (Xinhua) -- Argentina international striker Hernan Barcos struck a stunning last-gasp goal to earn Gremio a dramatic 1-0 victory over Atletico Paranaense in Brazil's Serie A championship on Wednesday.
In the last play of the match, the 30-year-old controlled Ze Roberto's weighted pass with his chest before turning and lashing an unstoppable volley into the bottom corner.
Barcos' ninth league goal of the season lifted Luiz Felipe Scolari's team to fourth in the standings with 34 points from 20 matches.
"We never gave up and even though the game was difficult we were able to take our chance when it came," Barcos said after the match.
Meanwhile a late header from former Wolfsburg midfielder Cicero earned Fluminense a 1-1 draw at Figueirense.
The 30-year-old netted five minutes from time to leave the Rio club on 32 points, seven ahead of Figueirense.
In Recife Chaussures Adidas Superstar 2 Noir Blanche G50965 Pas Cher , ex-Benfica right-back Patric scored a hat-trick to give Sport a 3-1 victory over Santos.
NAIROBI, Sept. 21 (Xinhua) -- Kenya has called for an increase of funds towards science and technology development in Africa.
With additional funding and good strategies, the governments stand to streamline the continent's development agenda, said Moses Rugut Chaussures Femme Adidas Superstar 2 Bleu Blanche G17256 Pas Cher , the Director General of the National Commission for Science, Technology and Innovation in the Ministry of Education.
""Africa requires a renewed funding commitment to help finance research and development in the countries,"" Rugut said this on Wednesday evening in Nairobi.
He said that countries that have allocated additional funding towards science like South Africa are currently making progress in all sectors of the economy.
Rugut called for internal funding mechanism as opposed to external support adding that science and technology are key drivers to development globally.
The official noted that technology such as biotechnology is transforming business practices across the globe and Africa also needs to tap from it.
""These technologies have the power to better the lives of poor people in Africa through internal development breakthroughs,"" he added.
He said that continent stand to benefit from technological and scientific revolutions once strategies are in place to help guide the development in agriculture Chaussures Adidas Superstar II Blanche Or Pas Cher , education, infrastructure and health.
Rugut said the continent is likely to achieve its global development goals once a sustainable development plan that includes technological development and technology transfer is adopted.
""Today's technological revolutions such as biotechnology, nanotechnology and telecommunication are successful because the countries that developed them have proper strategic funding plans,"" he added.
He noted that once the government increases funding for science Adidas Ultra Boost Pas Cher , they will realize sustained economic growth given that the continent is endowed with abundant natural resources.
Margaret Karembu, the Africa Director of the International Service for the Acquisition of Agri-biotech Applications (ISAAA) called on agriculture scientists to engage populations while working on a new innovation to help ensure fast adaption.
""For the public to accept and appreciate efforts going into improving food crops, we must fully engage them from the beginning from using terms that might increase fear and anxiety and begin using those that build trust and confidence,"" Karembu said.
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