Poging GOUD - Vrij
Nippon Steel warns of annual loss
Gulf Today
|August 04, 2025
Nippon Steel revised its forecast for the full fiscal year to a 40 billion yen ($266 million) loss from 200 billion yen profit previously, mostly due to charges related to its acquisition of US Steel.
-
In June, Nippon Steel, Japan's biggest steelmaker, closed its $14.9 billion acquisition of US Steel after an 18-month struggle to obtain US government approval for the deal, which faced scrutiny due to national security concerns.
Nippon Steel said that the annual results will be hit by a one-off loss tied to the US Steel deal, in particular a loss of 231.5 billion yen related to the transfer of its 50 per cent stake in joint venture AM/NS Calvert to partner Arcelor Mittal, and some other factors.
Dit verhaal komt uit de August 04, 2025-editie van Gulf Today.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Gulf Today
Gulf Today
Al Gurg Charity grants Al Jalila Foundation Dhs9m
Al Jalila Foundation announced receiving a donation of Dhs9 million from Easa Saleh Al Gurg Charity Foundation, for the renovation of Ward 2 in the Obstetrics, Gynecology, and Women’s Health Department at Latifa Hospital, part of ‘‘Dubai Health’’, within the ‘‘Hope Fund’’ initiative.
1 min
July 01, 2026
Gulf Today
Onshur opens applications for new edition of ‘Launch’ track
The Sharjah Publishing Sustainability Fund (Onshur) has opened applications for the 2026 edition of its ‘‘Launch’’ track, inviting aspiring publishers to transform publishing concepts into viable businesses through a specialised training programme backed by the Sharjah Book Authority’s (SBA) publishing ecosystem.
2 mins
July 01, 2026
Gulf Today
14 killed in Lahore roof collapse, two arrested
At least 14 children were killed while many others injured when a portion of the roof of a private tuition centre collapsed in Kahna locality of Lahore on Tuesday.
2 mins
July 01, 2026
Gulf Today
Name accuracy must to ‘avoid certificate delays’
The administrations of several schools have called on Grade 12 students to quickly review their personal data and ensure the accuracy of their names in Arabic and English, to avoid any potential delays in the issuance of High School certificates.
1 mins
July 01, 2026
Gulf Today
Groups sign MoU to promote obesity awareness
With the aim of increasing awareness on obesity as a chronic disease through engaging the public and healthcare professionals in Al Ain, global leader in the treatment of obesity and diabetes, Novo Nordisk and Al Ain Pharmacy Group have signed a Memorandum of Understanding (MoU) on Tuesday.
1 mins
July 01, 2026
Gulf Today
Mighty Morocco down Dutch, enter last 16
Morocco beat the Netherlands 3-2 on penalties on Monday to reach the World Cup last 16 after their Round of 32 tie ended 1-1 following extra time, setting up a meeting with co-hosts Canada.
3 mins
July 01, 2026
Gulf Today
Kareena Kapoor takes a trip down memory lane, recalls her debut film
Bollywood star Kareena Kapoor took a trip down memory lane as she revisited her debut film ‘Refugee.’
2 mins
July 01, 2026
Gulf Today
Global stocks post best Q2 in six years amid AI boom, yen slump
Global stocks were headed for their best second-quarter performance in six years on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.
3 mins
July 01, 2026
Gulf Today
Bosnia's run no 'fluke', warns US captain Ream
Last-32 opponents Bosnia-Herzegovina did not reach the World Cup by 'fluke', warned US captain Tim Ream on Monday, as American expectations soar for a first knockout victory in nearly a quarter-century.
1 mins
July 01, 2026
Gulf Today
Clear to partly cloudy weather likely today
The National Centre of Meteorology (NCM) expects Wednesday’s weather to be clear to partly cloudy at times in the north and east, with southwesterly to northwesterly winds with speeds ranging between 10 to 25, amounting to 40 km\/h, light to moderate in speed and active at times.
1 min
July 01, 2026
Listen
Translate
Change font size