By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.
delivers a speech on U.S. Steel during a press conference at their company headquarters Tuesday, Jan. 7, 2025, in Tokyo. (AP Photo/Eugene Hoshiko) Eiji Hashimoto, chairman and CEO of Nippon Steel Corporation, attends a press conference at their company ...
TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal war against the U.S. government. They hope the lawsuits will overturn President Joe Biden's order to give up the acquisition.
TOKYO -- U.S. President Joe Biden's order to block Nippon Steel's acquisition of U.S. Steel is rousing concern among the Japanese government and business community that the incident will discourage Japanese corporate investment in the U.S. and weaken bilateral relations.
Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision to block Nippon Steel’s $14.1 billion takeover bid of U.S. Steel, with Prime Minister Shigeru Ishiba warning this week that the rejection could have real consequences for the bilateral relationship,
Authorities will put the French overseas territory of Mayotte on red alert late on Saturday, Overseas Minister Manuel Valls said, as a tropical storm nears the Indian Ocean archipelago that was devastated by a cyclone last month.
The merger had become highly politicized ahead of the November U.S. presidential election, with Democrat Biden and Republican President-elect Donald Trump pledging to kill it as they wooed voters in the swing state of Pennsylvania where U.S. Steel is headquartered. United Steelworkers union President David McCall opposed the tie-up.
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.
U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel cast a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.
TOKYO, Jan 15 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel (X.N ...