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TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...
The company's annual revenues, which approached $24 billion in 2008, had slipped to $18 billion by 2023, highlighting its struggle to boost sales. U.S. Steel shares fell 6.5% on the day to $30.47 ...
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 ...
US President Joe Biden on Friday blocked the sale of US Steel to Japan's Nippon Steel, citing concerns that the deal could threaten national security and industrial supply chains. The companies ...
President Biden blocked the sale of U.S. Steel X4.45%increase; green up pointing triangle to Japan’s Nippon Steel 5401-1.30%decrease; red down pointing triangle, fulfilling his pledge to keep ...
WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...
Making steel produces a lot of greenhouse-gas emissions. Now, construction is underway in Sweden on an industrial-scale plant that will emit almost zero carbon dioxide. Boston Metal, LKAB ...