U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
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U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit,…

Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
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Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As signs emerged that President Biden was gearing up to stop the Japanese steel maker Nippon Steel from acquiring Pittsburgh-based U.S. Steel, top Japanese officials repeatedly warned that quashing the merger would hinder economic ties between the allies. Japan’s biggest business lobby, Keidanren,…

Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance

Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance

ByNews Polite

Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters. The deal, announced in February, has been expected by experts to face intense scrutiny…