New York hedge fund Third Point LLC has taken a “meaningful” stake in United States Steel Corp. and expects a $14.1 billion takeover offer by Nippon Steel Corp. to go ahead, according to an investor ...

Nippon Steel expects profit to drop 43% this year, US Steel decision by early June Nippon Steel expects net profit to slide 43% in the fiscal year ending March 2026, it said on Friday, citing a ...

President Trump hailed progress in US trade talks with China, as meetings continued into Sunday. "A very good meeting today with China, in Switzerland. Many things discussed, much agreed to.

Seven lawyers and bankruptcy law experts said the unprecedented ruling had set off alarm among potential buyers of other ...

The decision puts a question mark on a years-long acquisition saga that began in 2021, when JSW Steel acquired a 49% stake in ...