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Nippon Steel
Senators urge White House to investigate Nippon Steel ties to China
...US Steel....
April 2, 2024
US-China trade dispute
US steel unions urge Joe Biden to open probe into Chinese shipbuilding
...The American steel industry has become a political issue in the 2024 presidential election after Nippon Steel last year launched a $14.9bn takeover of US Steel, headquartered in Pittsburgh, a city in the...
March 12, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Biden confirms opposition to Nippon Steel’s takeover of US Steel
...US President Joe Biden has come out against Nippon Steel’s proposed purchase of US Steel, saying it is “vital” for the “iconic American steel company” to remain “domestically owned and operated”....
March 14, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Joe Biden set to voice concerns over Nippon Steel takeover of US Steel
...US President Joe Biden plans to express serious concern over Nippon Steel’s proposed purchase of US Steel, a move that could threaten the deal’s progress and anger Japan, one of Washington’s closest allies...
March 13, 2024
US trade
Joe Biden declares opposition to Nippon Steel’s takeover of US Steel
...The Japanese group reacted to the intervention by arguing that its deal would increase competitiveness in industries that need American steel and would strengthen US supply chains and economic defences against...
March 15, 2024
US politics & policy
Joe Biden set to voice concerns over Nippon Steel takeover of US Steel
...The groups added that Nippon Steel had made clear there would be no job losses, plant closures or transfer of production....
March 13, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Thyssenkrupp AG
Daniel Křetínský buys 20% stake in Thyssenkrupp’s steel unit
...It said last month it was in advanced talks to sell a stake in its submarines division to US private equity group Carlyle....
April 26, 2024
The FT ViewThe editorial board
The contrasting tales of TikTok and Nippon Steel
...Steel has none of the sensitivities of high-tech social media; US Steel is not a direct supplier to the military....
March 19, 2024
LexUS politics & policy
President Joe Biden’s US Steel intervention clashes with call for rules-based order Premium content
...On Thursday, President Joe Biden threw cold water on Nippon Steel’s pending $15bn acquisition for US Steel, once a national icon. He said US-steel should remain American....
March 14, 2024
Chinese business & finance
US business group says policy ‘inconsistency’ hurting China investment
...Policy “inconsistency” in China is discouraging foreign investors despite Beijing’s efforts to reassure international companies, a leading American business lobby group has said....
April 23, 2024
United Steelworkers
Should US steelworkers fear a Japanese takeover? Biden and a powerful union say ‘yes’
...USW leaders have also criticised the Japanese group for not contacting the union before submitting its bid to US Steel’s board, in contrast with other interested parties, including Ohio-based Cleveland-Cliffs...
April 18, 2024
Architecture
Tropical Modernism at the V&A — the architects who built a postcolonial future
...The V&A’s new show, Tropical Modernism, revolves around this odd confluence....
March 1, 2024
ReviewPhotography
Photo City exhibition review — photography and the metropolis in conversation at V&A Dundee
...Photo City: How Images Shape the Urban World at the V&A Dundee is a terrific exploration of the exchanges between the ways cities have been photographed and of how those images have shaped the subsequent...
April 11, 2024
Menswear
V-necks are back
...Because for as long as many of us can remember, V-neck sweaters have been all but verboten — existing somewhere in the style hinterland between twisted jeans and square-toed tan leather loafers from Shoe...
April 8, 2024
United States Steel Corp
Multinationals urge Janet Yellen not to let politics stop US Steel deal
...Nippon Steel, the world’s fourth-largest steelmaker, has agreed to pay $55 per share in cash for US Steel but investors’ uncertainty about the outlook for the deal have left the US group’s shares well below...
January 24, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
US-China trade dispute
Joe Biden calls for tripling of tariffs on Chinese steel
...Biden expressed opposition a month ago to the proposed acquisition of US Steel by Japanese group Nippon Steel, in what was viewed as a political move that upset Japan, a critical ally....
April 17, 2024
London Stock Exchange Group
LSE Group investors back doubling chief’s pay to US levels
...Microsoft has a 4 per cent stake in the group and they have been building new products together....
April 25, 2024
On Wall StreetJames Fontanella-Khan
US dealmakers forced to adjust as unions flex their muscles
...United Steelworkers has been pivotal in urging Joe Biden to block the nearly $15bn acquisition of US Steel by Japan’s Nippon Steel in an effort to protect American jobs and national security....
April 27, 2024
FirstFT
FirstFT: Biden to call for higher tariffs on Chinese steel imports
...US President Joe Biden is pushing for tariffs to triple on Chinese steel and aluminium, as he seeks to boost union support in the swing state of Pennsylvania....
April 17, 2024
News updates from December 18: Apple halts US Watch sales, US boosts Red Sea shipping security
Nippon Steel agrees to buy US Steel for $14.9bn
...Nippon Steel has agreed to buy US Steel in a deal that values its American rival at $14.9bn, in the Japanese group’s biggest ever acquisition....
December 18, 2023
FirstFT
FirstFT: Joe Biden to intervene in $15bn steel deal
...The proposed takeover of Pittsburgh-headquartered US Steel by the Japanese group was announced in December but has become deeply political....
March 14, 2024
Inside BusinessKana Inagaki
Are Japan’s managers ready for the revival of trade unions?
...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....
February 28, 2024
Chess
World No 1 v world champion: Carlsen and Ding to meet this weekend
...Puzzle 2558 Samuel Sevian v Wojciech Przybylski, Titled Tuesday 2021. White to move and win. Click here for solution...
February 5, 2024
Michael Strain
Protectionism is running amok in the US
...In the US, for every job in steel production, there are around 14 jobs in industries that use steel intensively....
March 18, 2024
FirstFT
FirstFT: US steel unions urge Joe Biden to investigate Chinese shipbuilding
...US steel unions have asked President Joe Biden to open a trade investigation into alleged Chinese unfair economic practices in the shipbuilding and maritime logistics sectors....
March 12, 2024

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