United Steelworkers

United States Steel has warned it could shut its headquarters and factories in Pennsylvania, a key swing state in November's election, if a takeover by Japan's Nippon Steel is blocked.

At a rally in downtown Pittsburgh, backers of the deal touted the transaction as a lifeline to one of western Pennsylvania's defining industries.

The management and the employees' union at Greek railway operator Trainose reached an agreement at Monday's meeting to sign a new collective labor contract that has averted a 24-hour strike the unionists had been threatening this Thursday.

The two sides reached a compromise solution on working hours.

Three Turkish labor unions, which represent more than 130,000 workers in the automotive, white goods and iron-steel sectors, have announced a strike, which is set to start on Feb. 2.