Japan Steel Works Ltd. (JSW), a world leader in manufacturing cast and forged steel, has admitted to nearly a quarter-century of faking inspection data on components shipped to electric power plants.
President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel cast a shadow ...
Japan's prime minister Monday urged Washington ... or else further discussions on the matter will not work," he added. - 'Illegal interference' - Shortly after Ishiba's comments, Nippon Steel and US ...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption." ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...