In December 2023, Nippon Steel secured a deal to buy US Steel for $14.9 billion. The Committee on Foreign Investment in the ...

Shares of U.S. Steel are sinking in premarket trading Friday as President Joe Biden blocked the $14.1 billion sale of the ...

The sale is designed to strengthen Japan's deterrence against threats from China and others in the Indo-Pacific region.

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.

With China facing a deflationary spiral and uncertain economic prospects, lower interest rates alone wouldn’t be enough to ...

Political uncertainty at home and a tumultuous international environment pose real risks for the nation’s economy.

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

President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon ...

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 ...

Billions of Covid vaccine doses have been safely administered globally since 2021 but misinformation about the jabs persists.

US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel and will ...

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 ...