Nippon Takeover Block Creates Uncertainty for US Workers
Hindustan Times Jaipur|January 06, 2025
The Decision Reflects a Growing Bipartisan Shift Away From Free Trade and Open Investment
AP

WASHINGTON: By blocking a Japanese company's takeover of US Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in US Steel's aging blast furnace operations in Gary, Indiana, and Pennsylvania's Mon Valley. It also vowed not to reduce production capacity in the United States over the next decade without first getting US government approval.

هذه القصة مأخوذة من طبعة January 06, 2025 من Hindustan Times Jaipur.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 06, 2025 من Hindustan Times Jaipur.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من HINDUSTAN TIMES JAIPUR مشاهدة الكل
Hindustan Times Jaipur

IREDA Board Approves Plan to Raise Up to ₹5,000 Cr Fund via QIP

State-owned Ireda on Thursday said its board has approved a plan to raise up to ₹5,000 crore fund through the qualified institutions placement (QIP) route.

time-read
1 min  |
January 24, 2025
Hindustan Times Jaipur

Shubhankar eyes a happy homecoming

In terms of statistics alone, Shubhankar Sharma has had a pretty consistent 2024 where he made the cut 21 times in 26 starts and had two top-10 finishes in Europe's DP World Tour.

time-read
2 mins  |
January 24, 2025
Hindustan Times Jaipur

Everyone's All For Indigenous Rights Until You Tell Them Your Village Is Bandra

Last week's high-profile break-in once again cast the spotlight on Bandra. From Queen of Suburbs, Bandra has become the golden goose, argues Genesia Alves. And we all know how that tale ends

time-read
4 mins  |
January 24, 2025
Hindustan Times Jaipur

WhatsApp to continue to share metadata for ads to Meta: NCLAT

Digital Personal Data Protection Act is likely to be imposed which may cover all issues related to data protection and data sharing ASHOK BHUSHAN, NCLAT Chairperson

time-read
4 mins  |
January 24, 2025
Hindustan Times Jaipur

Adani Energy Solutions Net Profit Up 80% in Q3

Adani Energy Solutions on Thursday posted a nearly 80% rise in its consolidated net profit to ₹625.30 crore in the December quarter compared to a year ago on the back of higher revenues.

time-read
2 mins  |
January 24, 2025
Hindustan Times Jaipur

New LA fire expands, forcing evacuations

A new wildfire that broke out north of Los Angeles on Wednesday rapidly spread to more than 38 square km, fueled by strong winds and dry brush, forcing mandatory evacuation orders for more than 31,000 people.

time-read
1 min  |
January 24, 2025
Hindustan Times Jaipur

Ultratech Cement Reports Net Profit of ₹1,473 Cr for Q3

Aditya Birla group firm UltraTech Cement Ltd on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

time-read
1 min  |
January 24, 2025
Hindustan Times Jaipur

Infosys Expands Its Campus in Hyd, to Create 17,000 New Jobs

Infosys Ltd, India's second-largest IT services firm and Telangana government have agreed to further strengthen their strategic partnership with the expansion of Infosys' IT campus at Pocharam here which will create additional 17,000 jobs.

time-read
1 min  |
January 24, 2025
Hindustan Times Jaipur

CSMT Gets Ready for Train Centenary

Central Railway (CR) is racing against time to clean up the heritage Chhatrapati Shivaji Maharaj Terminus (CSMT) building before February 3, the date when the first train ran on the electrified section back in 1925 between the then Bombay Victoria Terminus and Kurla.

time-read
2 mins  |
January 24, 2025
Hindustan Times Jaipur

Djokovic up for Zverev challenge

American rallies from a set down to reach her first final at the Australian Open; Sabalenka goes past best friend Badosa

time-read
2 mins  |
January 24, 2025