On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both Committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a
A teenager accused of killing four people at his High School in georgia was interviewed last year by police about anonymous online threats. At the time, local schools had reportedly been told to continue monitoring him. Four people were killed in the incident, two fourteen year old pupils and two teachers at the apalachee High School in the city of winder. Nine others were taken to hospital. The boy, named as Colt Gray, was arrested on campus and will be prosecuted as an adult. People came together to hold a vigil following the shootings in georgia. Students, families, and teachers held candles and prayed for the victims as the community tries to come to grips with the tragedy. The director of the Georgia Bureau of investigation has been speaking to the press this morning, and said the suspect had been questioned last year about threats posted online to carry out a School Shooting. The Jackson County Sheriff S Office identified and located Colt Gray who was our suspect in this case, t
Suppliers following its full Scale Invasion of ukraine in 2022. Bilateral trade between the two countries topped 240 Billion last year, up 26 on a year earlier. Has the Balance Of Power now shifted with russias increasing reliance on its eastern neighbour . Joining me now is chris weafer, chief executive officer, macro advisory ltd. Thanks forjoining us, good to see you. Firstly, what were you expecting from these Trade Talks . Anything material or substantial to come out of it . Not to publicly, i think it is more a Case Ofjust again showcasing that this is the main political and economic relationship from moscow. It shows the complete shift away from what was very heavy trade with europe, with the western nations, that has now moved to asia. Kind Ofjust Restating that and restating the fact that and restating the fact that moscow sees this as its main relationship going forward, it used to be the case that the forum held annually in june was the main economic Trade Show Case for russ
Im lauren taylor. Todays other stories. The ugandan marathon runner, rebecca cheptegei, has died four days after being set on fire in an alleged attack by herformer boyfriend. Welcome back to the position we are talking from very close to gren fell in itself. A day after the publication of that second and final part of the public Inquiry Yesterday, poring over the details of that, considering what the impact of the recommendations from the Public Inquiry will be. Survivors and relatives of those who died as a result of the Grenfell Tower Disaster say theyre still waiting forJustice, after a damning report set out a catalogue of failures. The six year Public Inquiry s final report laid the blame on successive governments, Systematic Dishonesty from Cladding Companies and the indifference of the local council. Our Correspondent Ellie Price has more. They may not have come to terms with their loss, but they have, finally, got some answers. We didnt have the right treatment. We were discri
To acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of nippon steel s bid say the us shouldn t reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of us steel is unclear. The company warned that it would imperil thousands ofjobs if the deal falls through. It may also close plants and even move its headquarters out of pittsburgh. Meanwhile, vice president kamala harris is proposing raising the capital gains t