Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and ...

President Joe Biden is planning to prohibit future offshore oil and gas drilling along most of the nation’s coastline, setting up a potential roadblock for Republicans’ plans to expand ...

The New York Times reported that a section of the law Biden's decision relies on, the Outer Continental Shelf Lands Act, gives a president wide leeway to bar drilling and does not include language ...

President Biden blocked the sale of U.S. Steel X4.45%increase; green up pointing triangle to Japan’s Nippon Steel 5401-1.30%decrease; red down pointing triangle, fulfilling his pledge to keep ...

The ban, to be announced on Monday, rules out the sale of drilling rights in stretches of the Atlantic and Pacific oceans and the eastern Gulf of Mexico, said the report, citing unidentified ...

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