Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Prez Biden to rule on Nippon Steel's $15 billion US Steel bid
Mint Chennai
|December 25, 2024
Letting Nippon Steel take over US Steel may lead to lower domestic steel output, says CFIUS
Nippon Steel's $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie-up he has previously said he opposes.
The Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments in the US for national security risks, referred the deal to Biden after it was unable to reach a consensus, the companies and two people aware of the matter said. That gives Biden, who has long opposed the tie-up, 15 days to block the deal. If he takes no action in that time, the merger would get an unexpected greenlight.
"We received the CFIUS evaluation and the President will review it," White House spokeswoman Saloni Sharma said.
Cette histoire est tirée de l'édition December 25, 2024 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
Rare-earth magnets: Why an ‘India fix’ is not enough
Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.
3 mins
December 02, 2025
Mint Chennai
Anil Ambani moves SC over fraud tag
Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.
1 min
December 02, 2025
Mint Chennai
Mandatory app may trigger pushback
misuse of mobile phones in various scams.
2 mins
December 02, 2025
Mint Chennai
Automakers report brisk sales in Nov, demand remains robust
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.
1 mins
December 02, 2025
Mint Chennai
IT’S A HOLD FOR NOW FOR THE MPC, TRACING TRADE TALKS FOR PATH AHEAD
Economists often defer to the quote by Keynes, ‘When my information changes, I alter my conclusions’, and Friday evening turned out to be one such case.
3 mins
December 02, 2025
Mint Chennai
UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case
Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.
1 min
December 02, 2025
Mint Chennai
Centre's tobacco tax recast to lift states’ excise revenue
The duty on tobacco would rise from 64% to 70% once the amended law is implemented
2 mins
December 02, 2025
Mint Chennai
IT growth trails global clients amid shifting tech spending
Automation, product spends, in-house tech centre investments contributed to decoupling
2 mins
December 02, 2025
Mint Chennai
Are gifts from NRIs to residents taxable?
I am an NRI who is living in Dubai for the past six years. I had acquired shares of an unlisted Indian firm using surplus fund from my NRO account in India. I wish to gift the shares to my father, who is a resident of India. Will this transfer attract any tax in India?
1 mins
December 02, 2025
Mint Chennai
Gen Z shoppers aren't spending like retailers need them to
More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures
4 mins
December 02, 2025
Listen
Translate
Change font size