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Nippon steel s $14 billion bid to acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe 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 steel s bid say the us shouldn t reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of us steel is unclear. The company warned that it would imperil thousands ofjobs if the deal falls through. It may also close plants and even move its headquarters out of pittsburgh. Meanwhile, vice president kamala harris is propos ....
French authorities say at least 12 people, including a pregnant woman, have died after a Boat Carrying Dozens of migrants capsized in the english channel. Around 50 people were rescued in an operation involving boats and helicopters. The french coastguard says the boat got into difficulty off Gris Nez at around 6am local time, and everyone on board ended up in the water. An emergency medical Care Centre was set up at Boulogne Sur Mer. The latest Uk Government figures show the number of people crossing the channel in small boats so far this year is 21,403. Thats more than in the same period last year, but fewer than 2022. But in the first six months of 2024, theres been an 18 rise in the number of arrivals, on 202 ....
Of cracking the uk market. Live from London, This is business today. It This is business today. IS Packed. Im saLLy bundock. This is business today. Lets get going. We start with L-chip >AL Chip maker nvidia. Its Record Rise to one of the worLds most vaLuabLe companies has wowed LL-street ....
Nippon steels 14 Billion bid to acquire united States Steel has been caught in the cross hairs 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 ....