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.

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.

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.

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.

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.

TOKYO, Jan 15 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel (X.N ...

A bizarre press conference held this Monday by Lourenco Goncalves, CEO of Ohio-based steelmaker Cleveland Cliffs, further underscored the imprudence of President Joe Biden’s move to nix Tokyo-based Nippon Steel’s acquisition of U.

President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

U.S. stock indexes were split as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The S&P 500 rose 0.2% Monday after erasing an earlier