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Biden Blocks Japan Firm's $15 Billion Deal to Acquire US Steel

The Morning Standard

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January 04, 2025

US President Joe Biden has blocked the nearly USD 15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based US Steel, affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA's most storied steel company.

The proposed deal kicked up an election-year political maelstrom across America's industrial heartland, and blocking it drew a threat of litigation from Nippon Steel. "We need major US companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America's national interests," Biden said in a Friday morning statement.

FLERE HISTORIER FRA The Morning Standard

The Morning Standard

TO MAKE OUR STREETS SAFER, FOLLOW SUPREME COURT ORDER ON STRAYS

IFE is cheap in the animal world. In Bengaluru, a caretaker recently slammed a chihuahua to death in an apartment lift; during Diwali, some miscreants tied crackers to a dog's legs and exploded them, while others stuffed a dog's mouth with fireworks and set them alight.

time to read

1 mins

November 06, 2025

The Morning Standard

Stock market gains from bribes remain proceeds of crime, says HC

THE Delhi High Court has held that gains from investing bribe money in the stock market remain tainted and qualify as proceeds of crime, upholding the Enforcement Directorate's power to attach wealth traced to illicit origins. The court held that appreciation through market forces does not cleanse the funds of their corrupt origin.

time to read

1 min

November 06, 2025

The Morning Standard

The Morning Standard

200 vans on PWD roads to clear debris, repair potholes

TO curb the rising pollution levels in the national capital, the Delhi government has launched an extensive road cleaning operation across all Public Works Department (PWD) roads, with 200 maintenance vans deployed throughout the city.

time to read

1 mins

November 06, 2025

The Morning Standard

DDA nod for new housing scheme

Proposals include redevelopment of old staff quarters, new sports infrastructure in Narela

time to read

1 mins

November 06, 2025

The Morning Standard

Citing mother's Russia factor, HC okays child's custody to Indian father

THE Delhi High Court upheld a family court's interim order granting custody of a four-yearold girl to her Indian father, citing a reasonable apprehension that the child's Russian mother might leave India.

time to read

1 min

November 06, 2025

The Morning Standard

Over 50 sanitation workers protest at Marina Beach

NEARLY 50 sanitaation workers from Royapuram and Thiru-Vi-Ka Nagar zones were detained on Wednesday after they protested in the sea off Marina Beach demanding to reinstate them directly under the Greater Chennai Corporation (GCC), instead of Chennai Enviro Solutions Private Limited (CESPL).

time to read

1 min

November 06, 2025

The Morning Standard

From Netflix to Noida: Fiction fuels digital heist

SITTING in front of multiple computer screens in a dim Noida apartment, three men lived out their own version of Netflix’s Money Heist, running an investment scam syndicate.

time to read

1 mins

November 06, 2025

The Morning Standard

Over 15.7L vials of banned cough syrup seized

IN one of the biggest crackdowns on the illegal trade of banned pharmaceutical substances in recent years, Ghaziabad Police and the crime branch seized over 15.7 lakh vials of prohibited cough syrup concealed inside four trucks parked at a warehouse along the DelhiMeerut Road, officials said on Wednesday.

time to read

1 min

November 06, 2025

The Morning Standard

Indian refiners to cut import of Russian crude after Nov 21

EVEN though Russian crude continued to account for the largest share of India's crude oil imports in October 2025, Indian refiners are expected to reduce their purchases of Russian oil after November 21, according to commodity market analytics firm Kpler.

time to read

1 mins

November 06, 2025

The Morning Standard

The Morning Standard

Main accused arrested in Jain Kalash theft, knife recovered

THE Delhi Police have arrested the main accused in the theft of a gold-plated 'kalash' (urn) worth around 40 lakh from a Jain temple in northeast Delhi's Jyoti Nagar last month, officials said on Wednesday.

time to read

1 min

November 06, 2025

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