For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to ...

Chinese stocks snapped a three-year losing streak in 2024 on hopes of more forceful stimulus from Beijing. The bond market, however, seems to be less sanguine. Yields on Chinese government bonds [plun ...

US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership ...

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon ...

Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the sale.

Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...

If you believe that, then democracy was voted out across the G7 nations. In the United States, the Democratic coalition ...

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.

Angela Merkel hired no fewer than eight English language translators to work on her new autobiography, which is astonishing ...

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...