ThyssenKrupp has agreed to sell its loss-making plant in Brazil to Argentina's Ternium.
ThyssenKrupp has announced it's selling its Brazilian steel mill, ending its loss-making Steel Americas adventure. The German industry giant has long sought to move away from steel and shift to industrial goods.
Germany's biggest steelmaker has reported a falling net profit for its fiscal year ended September, weighed down by massive overcapacity in the industry and cheap exports of subsidized Chinese steel.
The Zika virus was first discovered in Uganda nearly 70 years ago, but there was never a Zika epidemic there - local people seem to be immune to it. This might hold the key to stopping the disease in South America.
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