China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows
China's services activity expanded at the fastest pace in seven months in December, driven by a surge in domestic demand, but orders from abroad declined,…
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds…
Nippon Steel president says suing US government is an option, NTV reports
TOKYO (Reuters) - Nippon Steel President Tadashi Imai said filing a lawsuit against the U.S. government is one of the "important options", Nippon Television reported…
CPA applauds Biden Administration action to block Nippon Steel’s purchase of U.S. Steel
The Coalition for a Prosperous America (CPA) commends President Biden’s decisive action to block Nippon Steel’s $14.9 billion bid to acquire U.S. Steel. This decision…
Biden blocks sale of U.S. Steel to Japan’s Nippon Steel
U.S. President Joe Biden officially blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, dealing a probably fatal blow to the contentious…
Tesla’s China sales hit record high in 2024, bucking global decline
U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a…
Apple’s China troubles mount as foreign phone sales sink for 4th month
Shipments to China of foreign-branded smartphones, including Apple Inc's iPhone, fell by 47.4% in November from a year earlier, according to data released on Friday…
Threat of tariffs will loom large amid auto, tech glitz at CES
Auto and tech giants showing off their latest innovations at the CES trade show in Las Vegas next week can expect a barrage of questions…
U.S. pizza chain Papa John’s targets 2025 India re-entry after delay
U.S. pizza chain Papa John's International plans to make its return to the Indian market in 2025, a year later than planned, while many Western…
Cobalt miner Jervois in rescue deal to better compete with China
Cobalt miner Jervois Global said on Thursday that one of its lenders will take the company private as part of a pre-packaged bankruptcy, the latest…
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