"I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital investment to help restore the ailing steelmaker's competitiveness and preserve over 4,
The foreign ministers of Japan and the United States said their countries’ ties were stronger than ever on Tuesday, even after Japan’s prime minister called U.S. President Joe Biden’s decision to block Nippon Steel’s $14.9 billion bid for U.S. Steel “perplexing.”
The foreign ministers of Japan and the U.S. reaffirmed their strong ties on Tuesday, despite tensions surrounding President Joe Bidens decision to block Nippon Steels $14.9 billion bid for U.S. Steel.
In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.
Foreign investment in the U.S. economy is expected to continue, despite the failed bid by Japan’s Nippon to buy U.S. Steel, because the U.S. offers the most economic opportunities.
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.
We have written extensively about the president's decision, the political dynamics at play and possible scenarios for the future. Now that Nippon Steel has taken the unprecedented step of suing the government of Japan's most important ally, the saga appears to be far from over, and there will be a lot more to write about.
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all-American solution,
Indian benchmark indices faced losses led by PSU banks and pharma stocks, while Power Grid and ICICI Bank gained. Wall Street reached record highs amid Trump’s comments on lowering rates. Adani Green Energy and HPCL surged following strong Q3 results.
The Japanese yen saw a volatile price swing against the dollar following Donald Trump’s inauguration on January 21.The
Over the years, several rounds of US semiconductor export controls targeting companies in China, Japan, South Korea and other countries have been in place, on the ground that such measures would prevent other nations from using advanced technologies to "pose a risk" to US national security.