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...US Steel....
Mirae Asset’s $43bn subsidiary names Ryan O’Connor as chief executive
...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...“Allowing one of our nation’s largest steel manufacturers to be purchased by a foreign-owned corporation leaves us vulnerable when it comes to meeting both our defence and critical infrastructure needs,”...
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
...Since Nippon Steel agreed to buy US Steel for $14.9bn in mid-December, the deal has faced a bipartisan backlash in Washington against the sale of a US manufacturing icon to a foreign entity....
..., the listed subsidiary of China’s largest steelmaker Baowu, are down over 40 per cent from their 2021 peak....
...It was once the largest corporation in the world, and its plants lined the banks of Pennsylvania’s Monongahela River. The closure of those plants was lamented in a song by Bruce Springsteen....
...The deal marks Japan’s largest overseas acquisition this year and signals that the country’s cash-rich corporations are returning to global markets as some of the world’s hungriest strategic buyers, said...
...bankers say is a growing wave of Japanese companies pushing for overseas acquisitions as a response to their shrinking domestic market and the geopolitical constraints Chinese groups now face in buying US corporations...
...Explanations for the speed of Japan’s economic rise in the 1970s and 1980s leaned heavily on the idea that its corporations’ competitiveness was propelled by the government’s industrial policies and by the...
...Its scores of subsidiaries include surveillance equipment group Hikvision, which is also subject to US sanctions....
...The sum, insured by a subsidiary of the Chubb corporation, was posted as part of an appeal against the decision, ahead of a Monday deadline that would have allowed Carroll’s lawyers to begin the process...
...Environmental advocates argue that retrofitting old buildings should be the preferred option to make best use of emission-intensive materials such as glass, steel and concrete in existing structures....
...However, traditional aluminium conductor steel reinforced cable lines are heavy and the thick steel support limits the volume of aluminium wires, which are responsible for transmission capacity....
...Shida believes young people “are now ready to challenge the big corporations”....
...The London-listed group said in a statement on Monday that it was now exploring a sale, liquidation, or raising financing at the subsidiary level, following an 87 per cent increase in the estimated cost...
...Then came the tycoons — Rockefeller, Carnegie and the rest — who built huge empires in industries such as steel and oil with the help of well-trained engineers and managers....
...Manufacturers, ranging from giant corporations to smaller companies in the country’s famed Mittelstand, have already been hit by rising inflation and a rapid increase in interest rates....
...On Wednesday he vowed to keep US Steel in American ownership, and called for higher tariffs on Chinese steel and aluminium imports in a bid to shore up support with unions....
...State-owned Comac was established jointly with companies including Shanghai-listed Aluminum Corporation of China, China Baowu Steel Group and Sinochem Corporation....
...The STDC had been joined in its action by Teesworks Ltd, the public-private joint venture set up to develop the steel site....
...About 40 per cent of the fossil fuel assets it identified were issued by financial subsidiaries of fossil fuel corporations, report author Clarisse Murphy told me, putting them outside the scope of the ECB...
...But Nippon, like many companies in countries that are US allies, has some subsidiary operations in China....
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
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