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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 dom ....
To mr netanyahu s demand that israel maintain a military presence in the philadelphi corridor. That s a small buffer zone between gaza and egypt s sinai desert. Mr netanyahu said israel is committed to destroying hamas and bringing the hostages home. He warned of the potential consequences should israel relieve its military pressure on hamas. Our middle east regional editor mike thomson has more on the prime minister s comments from jerusalem. Tonight, mr netanyahu doubled down on his insistence that israeli troops will not be withdrawn from the philadelphi corridor. That is the strip of land that separates southern gaza from egypt. He said it is absol ....