On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both Committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a
Another huge quarter for Silicon Valleys tech titans. But can the likes of google and amazon keep on growing . Plus, Consumer Confidence up, Business Confidence up Stock Markets up. How long can the trump bump last . We take stock of the president s first 100 days at the helm of the worlds top economy. Welcome to World Business report. Begin me that 8. 5 minutes and i will give you an exciting snapshot of the world of business and money. Also coming up more surprises from President Trump as he vows to renegotiate the us trade deal with south korea. Well be getting the reaction from asia. But first. We start in Silicon Valley where three of the biggest names in technology have been reporting their numbers for the last three months. We are talking about the tech titans google, amazon and microsoft. And it seems they are just getting bigger and bigger. The numbers are jaw dropping, take a look. Kicking off with google. Along with rival facebook it dominates online advertising. But its sti
In sport, the Manchester Derby is marred by a moment of madness as uniteds Marouane Fellaini is sent off for headbutting Sergio Aguero, as the game ends in a goalless draw. The Brownlee Brothers Have Put Triathlon on the map the uks first purpose built Training Base for the sport has been named after them. Well be live there this morning. And Sarah Keith Lucas has your Bank Holiday Weekend weather. Good morning. Lots of dry weather on the cards. Some of us will see some rain, especially on sunday. I will have the full forecast in about 15 minutes. Good morning. First, our main story. A woman is under police guard in hospital in london, after being shot during an anti terror operation. Two other women, a man and a 16 year old boy were arrested in raids in willesden and in kent last night. It happened hours after a man was arrested for allegedly attempting a Terror Attack near the houses of parliament. Officers say the operation was not connected. Alexandra mckenzie reports. A residentia