Managed by Talbot Underwriting at Lloyd's, Syndicate 2478 has an approved stamp capacity ... AIG sold 120 million shares of Corebridge Financial to Nippon Life Insurance Company for $3.8bn ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...

President Joe Biden blocked the nearly $15 billion bid by Japan-based Nippon Steel Corp. to acquire United States Steel Corp., citing national security concerns. The Biden administration issued an ...

For months, United States Steel argued that selling out to Japanese-owned Nippon Steel was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

In a last-ditch effort to gain approval for its acquisition of U.S. Steel, Nippon Steel is offering a 10-year guarantee that it would not reduce production capacity at U.S. Steel’s mills in six ...

Nippon Steel has previously threatened to challenge the White House decision in court. The fate of U.S. Steel - a storied 120-year-old firm based in Pittsburgh, Pennsylvania - became a lightning ...

Politics Updated on Jan 3, 2025 2:30 PM EST — Published on Jan 3, 2025 10:21 AM EST WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of ...

WASHINGTON: US President Joe Biden on Friday (Jan 3) followed through on his pledge to block Nippon Steel's US$14.9 billion bid for US Steel, citing concerns the deal could hurt national security.

Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval ...

US Steel Corporation workers rally outside the company's headquarters in Pittsburgh, Pennsylvania, supporting the takeover by Japan's Nippon Steel, on September 4, 2024. United States Steel warned ...