President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...

US Steel's major shareholder opposes activist's push to nominate directors and end Nippon Steel deal, causing stock to fall 1 ...

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...

Nippon Steel’s primary hope is successful legal action. Lourenco Goncalves, the CEO of steelmaker Cleveland-Cliffs, reaffirmed his interest in acquiring U.S. Steel on Monday. As part of the new ...

The U.S. market remains a key part of Nippon Steel’s global strategy, said Hashimoto. U.S. Steel Corp. has accused the Biden administration of interference. “We will vigorously defend our rights to ...

TOKYO :Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price ...

TOKYO : Shares in Nippon Steel fell more than 1 per cent on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan ...

The suit claims Biden's actions were in part politically motivated. U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger ...

On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant ... billion in investment planned by Nippon Steel as part of its proposed purchase.