A planned merger of the Japanese and American giants, announced in 2023, has traveled through an election, two presidents and strong union opposition.

Globally, continued uncertainty over the ongoing US trade dispute kept investors cautious through the week. U.S. President Donald Trump accused China of completely breaching its trade deal with the U.

Strictly speaking, any type of special or dual-class share structure that offers more voting power to a bloc is a version of a golden share. What the White House has in mind, however, seems to be more targeted for the deal-making attempts between U.

Nippon Steel Corp., the Japanese company embroiled in lengthy battle to buy US Steel Corp., said it plans to spend 869 billion yen ($6 billion) at home to expand output from cleaner furnaces.

Nippon Steel plans to invest over 860 billion yen ($5.98 billion) to introduce electric furnaces at its three domestic plants to reduce carbon emissions, public broadcaster NHK said on Friday.

Jobs and investment were top of mind for many who attended the event marking the culmination of a long-running saga that began in late 2023, when Japan’s Nippon Steel agreed to buy the 124-year-old US rust-belt employer. The $15bn deal, viewed at first as a win-win for the US and Japan, soon became a political flashpoint.

Gary Mayor Eddie Melton said Nippon Steel​ plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel plant in the country.