President Joe Biden is said to be planning to end Nippon Steel Corp.’s $14.1 billion bid to buy United States Steel Corp. on national security grounds. A Treasury Department letter from August ...

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Explainer-What Next for Nippon Steel and US Steel's $15 Billion Mega-Merger? (Reuters) - A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U ...

A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what it yields before making a decision on whether to block it, the White ...

By Jasper Ward and Alexandra Alper (Reuters) -A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what it yields before making a ...

It’s not clear exactly what the CFIUS review will say. However, any referral to the president suggests at least one member of the panel sees the deal posing a risk. Nippon Steel and US Steel are ...

India's steel production is booming, but its dependence on coal raises concerns. The country aims for net-zero emissions by 2070. However, steel industry's growth relies on coal-fired plants. This ...

President Biden plans to formally block Nippon Steel’s proposed takeover of US Steel on national security grounds once the $15 billion deal is referred back to him later this month ...

US Steel (NYSE:X) -2.5% in Tuesday's trading as United Steelworkers union head David McCall said Tuesday he has not received assurances that Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) is committed ...

President Joe Biden plans to formally block the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp. on national security grounds once the deal is referred back to him later this ...

Another update about the proposed merger between U.S. Steel and Nippon Steel. Nippon announced the plan to give $5000 closing bonuses to U.S. Steel employees, following the close of the transaction.