That's it for another day on the Business Live page - a day dominated by the news about Tata's proposed sale of its Port Talbot plant.

Join us again from 6am tomorrow for all the latest on that and the rest of the business stories. 

The town of Port Talbot has for more than 60 years been synonymous with steel. 

In its heyday in the 1960s, nearly 20,000 people worked there and the town grew up around it. 

Numbers may have dwindled, but it still has an imposing presence in the Welsh economy.

Image source, M McKeown/Express/Getty

Image source, Topical Press Agency

Image source, Bernard/Fox/Getty

Image source, Bernard/Fox/Getty

Shares on Wall Street have closed higher, helped for a second day by comments from Federal Reserve chair Janet Yellen that eased anxiety about potential interest rate hikes.

The Dow Jones industrial average rose 0.48% to 17,717.01 points, and the S&P 500 gained 0.44% to 2,063.96 points.  

The Nasdaq Composite added 0.47% to 4,869.29.

The UK steel industry is "absolutely vital" for the country and the government is committed to finding a long-term solution to keep it afloat, Business Secretary Sajid Javid has said.

Mr Javid - who is cutting short his Australia trip to return to the UK - said the government was looking at "all viable options" to keep steelmaking continuing in Port Talbot.

But he played down the prospect of nationalising British steel, saying: "I don't think it's going to be the solution because everyone would want a long-term, viable solution."

He insisted "there are buyers out there" and said the government was "more than ready" to provide commercial support to really secure Port Talbot's "long-term future".

Roger Pinney reports on the many chapters of the steel industry in Wales.

There are people who may be able to provide a future for the Welsh steel industry, the first minister says.

As far as motivational speeches go this is pretty hardcore.

It'll also wake you up if you start to flag round about this time of the evening. We'll say nothing about the fact that the speaker is Shia LaBeouf but we hear he's available for team building weekends.

Tata Steel is planning to sell its UK business, putting the jobs of thousands of workers at risk.

The company which manufacturers the biscuits and snacks taken off the shelves by Aldi and others has confirmed it saw "evidence of pest activity" in January and again in March.

Baketime - based in Middlesborough - says the production area was subsequently "declared clear of pest activity."  

However, it says it's continuing to work closely with its local environmental health officer and pest control contractor to "ensure that the issue has been properly eradicated and hygienic standards on site are upheld".

BBC Newsnight's Chris Cook explains why there are such big gaps between online and phone polls

How the future of Port Talbot steel plant could affect the futures of those who depend on it.

Tata Steel has five sites in Wales, employing about 7,000 workers. This is what they do.

Reality Check

The claim: Former cabinet secretary Lord O'Donnell fears that negotiating the UK's exit from the European Union would take longer than the two years permitted, which could leave the UK facing higher tariffs.

Reality Check verdict: There are strong views on both sides, but without a crystal ball, neither side can be certain their hopes, fears or forecasts will turn out to be true.

Read the full Reality Check here.

The BBC's Tim Bowler looks at why Britain's steel industry is in such trouble with so many jobs being lost - and asks is it really all the fault of the Chinese?

Labour leader Jeremy Corbyn pledges support for "immediate government intervention" to protect the steel industry during a visit to Port Talbot.

BBC World Service

BBC World Service reports that police forces around the world seized a record 10.000 tonnes of fake or toxic food over the past year.

Among the finds reported by Interpol were Sudanese sugar tainted with fertiliser, and Indonesian chicken intestines preserved with formaldehyde. 

Italian officers discovered olives painted with copper sulphate to improve their colour. 

The authorities in Hungary, Lithuania and Romania, seized counterfeit chocolates aimed at children and destined for export to West Africa. 

The UK steel industry is "absolutely vital" for the country and the government is committed to finding a long-term solution to keep it afloat, Business Secretary Sajid Javid says.