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BusinessInternational

Liberty Steel Cash Injection to Save 660 Jobs

In an effort to evade job loss of employees at its Rotherham plant in the UK, Liberty Steel, a global steel manufacturing and mining company, has received an injection of nearly $70 million (£50 million) in shareholder funds into the company. This comes after the company’s major financial service lender, Greensill Capital, filed for insolvency protection earlier this year. These funds will be issued through a separate corporate entity called Liberty Captial. 

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BusinessInternational

Remaining 2021 Disney Films to Be Released Only in Theaters

Walt Disney Co. announced Friday that the movies set to release this year will be shown exclusively in theaters before they are released on other platforms. The movie of the summer, Black Widow, much awaited by audiences had been released on both Disney+ and theaters. Much to the actress’s dismay, Black Widow’s release on Disney+ generated a revenue of $80 million, which was in violation of Scarlett’s contract.

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