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...Barely 24 hours later, President Joe Biden signalled his opposition to the proposed $14.9bn takeover of US Steel by Nippon Steel of Japan, saying it was vital for America’s third-largest steelmaker to remain...
...But that is ridiculous — Japan is a staunch ally of America. And under the terms of the deal, US Steel production will remain in the US....
...Large multinational companies are urging Joe Biden’s administration to keep politics out of any national security review of Nippon Steel’s purchase of US Steel after a bipartisan backlash to the deal in...
...The pharmacy school at the University of North Carolina, his home state, is named after him. He now runs Eshelman Ventures, “an investment company primarily interested in healthcare companies”....
...US regulators are wary of foreign takeovers of significant domestic assets. Members of the US’s United Steelworkers union voiced dismay about the deal, saying they had been excluded from negotiations....
...Its skin of fluted black stainless steel exudes a certain menace that has prompted locals to call it “Sauron” — a reference to the dark tower in the Lord of The Rings trilogy....
...The state-backed group is the second-largest developer by sales in China and is one of the companies that has helped build modern China....
...The White House is wary even of Nippon Steel of Japan, a US ally, taking over America’s third-largest steelmaker, US Steel. So will the UK plan one day look foolish?...
...Brian Reissaus, former head of the Committee on Foreign Investment in the United States, has joined Freshfields as a senior adviser on national security. Smart reads Crime . . ....
...Indeed, if they appear to dither, it will hurt Biden in Pennsylvania, home of the United Steelworkers and a key swing state....
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
...His exhibition of abstract paintings and steel sculptures at White Cube in April this year sold well....
...While Biden welcomes “manufacturers across the world building their futures in America with American jobs and American workers”, she said, “he also believes the purchase of this iconic American-owned company...
...From Alabama to Wyoming, the FT’s Joshua Franklin completed the quest to visit all of America’s 50 states — part of a rising phenomenon of “completist” travel....
...But the . . . what would Joe Nye used to call the soft power of the United States? That’s the way the United States would influence global affairs, right?...
...The share of its revenues from the Americas has risen from less than 1 per cent in 2000 to 37 per cent last year....
...The company says that its steel helped build Chicago’s Willis Tower and the United Nations Building in New York, as well as supplying hundreds of millions of tonnes of steel for the US military during world...
...America is fond of big things, the Financial Times of 1901 remarked as it marvelled at the creation of the new United States Steel Corporation....
...Kise picked up the matter late on Thursday, saying he often felt “like I’m fighting two adversaries” and casting suspicion on the confidential notes passed from the clerk to the judge....
...That’s a key part of the argument being made in a new petition for trade relief and state support of the US shipbuilding industry under a so-called section 301 case filed by the United Steelworkers union...
...Essentially, a “reference variety” is a state of mind....
...Despite the mounting uncertainties, offshore wind is stirring the promise of renewal at ageing ports and terminals along America’s eastern seaboard. As in Albany, European companies are centre stage....
...She correctly views trade policy through the lens of competition policy, seeing Chinese state monopolies and American Big Tech companies as two sides of the same coin....
...Oman has started construction of what could be the world’s largest green steel plant that plans to use iron ore from Cameroon, while the Qatar Investment Authority, the gas-rich state’s sovereign wealth...
...It is also now home to the glass-and-steel facades of the district’s modest boom in high-end rental and condominium development....
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