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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

nippon steel

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World

U.S President Biden blocks major steel takeover

  Outgoing US President Joseph Biden has officially blocked a Japanese company from buying the United States Steel Corporation, warning that foreign ownership would pose a danger to national security. Nippon Steel, the fourth-largest steelmaker in the world, had bid close to $15 billion to purchase the once-iconic American industrial powerhouse. But that takeover is now on the brink of collapse, as Benji Hyer reports.  

todayJanuary 6, 2025 24

World

Nippon Steel confident on U.S Steel purchase this year

Japanese industrial giant Nippon Steel says it’s confident it will lock-in its purchase of US Steel by year-end. The deal has come under fire from both US President Joe Biden and Republican Donald Trump who both say they would block the deal. Chris Gilbert reports from Tokyo.  

todayMay 10, 2024 40