Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal war against the U.S. government. They hope the lawsuits will overturn President Joe Biden's order to give up the acquisition.

Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce back in the near-term,

delivers a speech on U.S. Steel during a press conference at their company headquarters Tuesday, Jan. 7, 2025, in Tokyo. (AP Photo/Eugene Hoshiko) Eiji Hashimoto, chairman and CEO of Nippon Steel Corporation, attends a press conference at their company ...

TOKYO -- U.S. President Joe Biden's order to block Nippon Steel's acquisition of U.S. Steel is rousing concern among the Japanese government and business community that the incident will discourage Japanese corporate investment in the U.S. and weaken bilateral relations.

Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.

The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision to block Nippon Steel’s $14.1 billion takeover bid of U.S. Steel, with Prime Minister Shigeru Ishiba warning this week that the rejection could have real consequences for the bilateral relationship,

Authorities will put the French overseas territory of Mayotte on red alert late on Saturday, Overseas Minister Manuel Valls said, as a tropical storm nears the Indian Ocean archipelago that was devastated by a cyclone last month.

TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel cast a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.