US President Joe Biden on Friday rejected Japan’s proposed acquisition of US Steel. Nippon Steelvalued at approximately $15 billion, keeping its previous promise to avoid the takeover.“We need the big American companies that represent the majority of the country’s steel capacity to continue leading the fight on behalf of America’s national interests,” Biden said.The decision…
President Joe Biden said Friday that he has decided to block a $15 billion acquisition of US Steel by Japanese company Nippon Steel, ending a year-long business saga that led to the policy of a election year. The decision comes after a national security review by a Treasury Department committee failed to reach a consensus…
As the federal government fights TikTok in court over Ottawa’s order to close its Canadian offices, Canada’s industry minister says families should make their own decisions about whether to continue using the app. “Ultimately, that’s a choice that people have to make with their eyes wide open,” François-Philippe Champagne said. As for what he tells…
South Korean presidential guards and military troops prevented authorities from arresting President Yoon Suk Yeol on Friday in a tense six-hour standoff inside Yoon’s compound in the heart of Seoul. Yoon is under criminal investigation for insurrection over his proposal to implement martial law on Dec. 3, which stunned South Korea and led to the…
MUMBAI: A Chhota Rajan gang member, who was absconding in a 16-year-old murder attempt, has been arrested from the eastern suburbs here, police said on Friday. A team from Deonar police station arrested the accused, Vilas Balaram Pawar alias Raju (62), from Chembur area on Thursday night, an official said. He said Pawar is involved…
Thousands of miles from Washington, where Jimmy Carter’s funeral is scheduled next week, an Indian village named after the former US president fondly remembers his visit almost 50 years ago and pays tribute to him. Carter, a one-term president since 1977 who died Sunday at age 100, will receive a state funeral at Washington National…
WELLINGTON, New Zealand – A surfer missing in Australia is believed to have died in a shark attack, authorities said Friday as they searched the waters where the man disappeared. The 28-year-old was in the sea at a popular surfing beach in South Australia, where a great white shark killed another man in 2023. A…
On December 18, Prime Minister Shehbaz Sharif’s cash-strapped government tabled the Tax Laws (Amendment) Bill, 2024 in the National Assembly, proposing sweeping changes to existing income and tax laws. sales aimed at tightening the noose around tax evaders: individuals and both companies, by making it difficult for them to spend their illicit money. This is…
NEW DELHI: India on Friday refuted the report alleging that the opposition sought $6 million from India to help in a plot to remove the president of Maldives. Mohamed Muizzu and said the newspaper and the reporter appear to harbor “a compulsive hostility toward India.”In response to a question about the Washington Post reporting, the…
WASHINGTON – The new Congress will begin on Friday, ushering in a slim Republican majority in the House of Representatives to tackle enormous tasks in the first year of Donald Trump’s second term, from keeping the government open to avoiding a calamitous debt default and promote the president-elect’s immigration and tax policies. ambitions. Republicans won…
