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Saturday, June 14, 2025

Nippon-US Steel deal gets Trump's nod: HQ to remain in Pittsburgh; 'golden share' gives US final say on key decisions

US Steel's collaboration with Nippon Steel has received approval after national security assurances were confirmed, retaining the "golden share" benefit. Former President Trump endorsed the partnership through an executive order, following a review by CFIUS. The agreement includes significant investments in US steelmaking and job protection.

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Will Tata Sons get listing waiver? RBI tweak will make it 'upper NBFC'

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