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Deadline for stopped steel deal is postponed

The outgoing US President Joe Biden announced just a few days ago that the purchase of the steel company US Steel by Japan's Nippon Steel is being stopped. The parties were given 30 days to unwind the deal.

Deadline for stopped steel deal is postponed

Technology company led the rise on the stock exchange in the USA

It mainly went upwards on the New York Stock Exchange on the first day of the trading week, primarily thanks to price increases in some of the tech giants. .

Technology company led the rise on the stock exchange in the USA

After the Stop – Now the Steel Companies are Suing the USA

The Japanese Nippon Steel and US Steel are suing the Biden administration for stopping the deal. The lawsuit was filed with an American court on Monday.

After the Stop – Now the Steel Companies are Suing the USA

Japan Slams Biden's Decision: "Incomprehensible"

Japan is directing strong criticism at Joe Biden after the American president decided to stop the multi-billion deal where the steel company US Steel was intended to get a Japanese owner. "It is incomprehensible and regrettable that the Biden administration has made this type of decision with reference to national security", writes Japan's industry minister Yoji Muto in a statement to AFP on Saturday.

Japan Slams Biden's Decision: "Incomprehensible"

Broad Uptrend on Wall Street

Leading indexes on the stock exchanges in New York rose on Friday. The broad S&P 500 index climbed 1.

Broad Uptrend on Wall Street

Biden blocks multi-billion deal

President Joe Biden announces that he is stopping the billion-dollar deal where the steel company US Steel was intended to get a Japanese owner. "A threat to national security", is cited as one of the main reasons.

Biden blocks multi-billion deal

Steel Giant Slams "Inappropriate" Political Interference

The Japanese steel giant Nippon Steel expresses strong criticism, after Bloomberg reported source information that the US President Joe Biden plans to block the company's acquisition of American US Steel. .

Steel Giant Slams "Inappropriate" Political Interference

Trump promises to block controversial steel deal

Donald Trump will stop the Japanese Nippon Steel's purchase of the American steel giant US Steel. This writes the USA's incoming president himself in a post on his platform Truth Social:.

Trump promises to block controversial steel deal