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...The biggest attempt to date came in December, with Nippon Steel launching an $15bn all-cash bid for US Steel....
...Steel has none of the sensitivities of high-tech social media; US Steel is not a direct supplier to the military....
...On Monday, US Steel announced that it would sell itself to Nippon Steel of Japan at an enterprise value of $15bn....
...The grip of the so-called “Magnificent Seven” tech companies on US stock markets has loosened as investors focus on concrete results rather than solely on artificial intelligence’s potential....
...Whether the acquisition is approved or blocked by US authorities for national security reasons, Nippon Steel’s current dilemma has significant implications for Japan Inc as companies pursue growth outside...
.... ©2024 Nikkei Inc. All rights reserved....
...US President Joe Biden is pushing for tariffs to triple on Chinese steel and aluminium from the current average of 7.5 per cent....
...The pan also has a hand-forged stainless-steel curved handle that’s a joy to grip....
...Capitalism reins in the sale of US Steel In August, Cleveland-Cliffs wrapped its unsolicited bid for US Steel in an American flag....
...It points to the high price of smartphones, the grip Apple has over app distribution and lack of access it provides to the iPhone operating system....
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
...If you add in Biden’s opposition to Nippon Steel’s takeover of US Steel, it seems there is a lot of protectionism around in Washington nowadays masquerading as something else....
...Nippon Steel snapped up US Steel for $14.9bn last month. Astellas Pharma bought eye-treatment specialist Iveric Bio in a $5.9bn deal in May....
...Policy risks in other sectors are rising too, from Joe Biden as well as Trump; just look at US Steel....
...It made itself legally vulnerable by trying to curb competition and maintain its grip (as well as by automatically deleting some internal messages)....
...The STDC had been joined in its action by Teesworks Ltd, the public-private joint venture set up to develop the steel site....
...But Donald Trump retains a strong grip on the Republican grassroots that are going to ultimately select their party’s nominee for the White House....
...Football agents get last minute reprieve Fifa has been trying to get a grip on the world of football agents for some time....
...Arthur makes a distinction between classic production industries, for steel and the like, and knowledge-based industries....
...make up nearly a third of total US steel demand....
...The FT editorial board said Tata Steel’s plan to close its UK blast furnaces marked a step into the unknown for the country’s steel industry, leaving it unable to produce “virgin” steel and relying on melting...
...Whether it has the wisdom to make the correct technical choices, or the executive grip, is less certain....
...(In reality I suspect that date will get pushed back while countries come to grips with compliance.)...
Many sins, little virtue
...Its grip on solar manufacturing is expected to remain largely unchallenged through the end of the decade....
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