The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...
President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...
Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...
Conversely, NTPC, SBI, Adani Ports, Nestle India, and Tata Steel showed gains. DMart surged 10% after a strong revenue report, while MOIL rose 6% owing to its best-ever quarterly performance. Tata ...
President Biden is blocking the proposed $14 billion acquisition of U.S. Steel by Nippon Steel. "A strong domestically owned and operated steel industry represents an essential national security ...