In an exclusive interview with Reuters, Shigeru Ishiba, a top candidate for Japan’s next premier, expressed concern over the potential U.S. move to block Nippon Steel’s acquisition of U.S. Steel on national security grounds, stating it would damage trust between the allies. The White House is reportedly close to announcing President Joe Biden’s decision to veto the $15 billion deal, as reported by Reuters earlier this week. The implications of this decision could have a significant impact on both countries’ economic and diplomatic relations.
Full Article
Daniel KÅ™etÃnský £5.3bn bid for Royal Mail owner to get greenlight from UK government
The UK government has approved Czech billionaire Daniel KÅ™etÃnský's £5.3bn takeover of Royal Mail, with a "golden share" retained by the government for governance. KÅ™etÃnský's EP Group will uphold commitments including maintaining UK operations and meeting delivery obligations. This decision comes after Royal Mail was fined £10.5mn for failing to meet performance targets, highlighting the challenges faced by KÅ™etÃnský in modernizing the postal service. Full Article
Read more