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Nippon Steel’s $14.9bn offer has prompted backlash from both parties in Washington
White House says $14.9bn deal merits scrutiny on security grounds despite Japan being an ally
Republican lawmakers demand probe into deal while Pennsylvania senator vows to block it
Japanese company targets American market with its biggest-ever acquisition
Plus, a cross-border steel deal and Coupang’s plan to rescue Farfetch
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
Capitalists’ tactics have changed since Andrew Carnegie’s day, but tensions over big business have not
Cleveland-Cliffs’ $10bn proposal would build scale but raise competition worries
Move comes a day after steelmaker rejected offer from Cleveland-Cliffs
Move came after company said it had hired financial advisers to evaluate offers
Companies bewildered by judgments on exemptions as backlog of decisions rises
Previously upbeat mood in boardrooms chills as president raises the stakes with China
China reforms and economic growth drive profitability to its highest level in a decade
Companies ask for uncertainties to be removed as some nations win tariff exemptions
Protectionist move delights steelmakers but raises questions for other manufacturers and fears of trade war
Producers are developing new, lighter grades, but R&D investment is needed
Capital withdrawn via takeovers and buybacks exceeds sums raised in rights issues and IPOs
Chief executive says Granite City development down to Trump tariff policy
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