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BBCNEWS Business Today September 5, 2024

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 ....

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BBCNEWS Business Today September 5, 2024

Nippon steel s $14 billion bid 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 ....

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BBCNEWS Business Today September 5, 2024

Nippon steels 14 Billion bid 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 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 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. 1 Million or more to 28 instead of president biden s 39. 6 proposal. The Vice President told su ....

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BBCNEWS Breakfast September 3, 2024

Start your Monday Morning. A little bit of rain for some, even some Thunderstorms Mist and rain to start your Monday Morning. Good morning, its Monday 2nd september. One or two word 0fsted Inspection Grades for englands schools are being scrapped with immediate effect. Last year an inquest found an 0fsted Inspection had contributed to the suicide of primary headteacher Ruth Perry, leading to widespread calls for change. Headteacher Ruth Perry, leading the government said the overall grades werent fair or accurate, but the change was criticised by the conservatives for removing a vital indicator for parents. Heres our Education Editor Branwen jeffreys. After an inspection, Caversham Primary was but yes, its this. A relief, really, that no other Head Teacher will have to go through what ruth went through. So from to ....

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BBCNEWS Business Today August 28, 2024

Evaluations right now. With not having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation. So obviously asiabased investors understand the company better, they understand china better. They are less worried about the environment in china in general again, more from a political and trade perspective as opposed to the economy, certainly the economy in china is not great. But to those investors buying in hong kong, there s not enough buying power, not enough ability to change the valuation relative to this big anchor, which is the adr positions. So, upgrading it to a dual primary gives it the ability, for first of all for money to come in from the mainland through the connects and various channels like that, and then, the hong kong ....

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