Basic Materials Roundup: Market Talk
Find insight on gold prices, palm oil prices, metals demand and more in the latest Market Talks covering Basic Materials. Source link
BUSINESS
Pentagon says Chinese tech firms Tencent, CATL affiliated with Beijing's military
The US Department of Defense has added Chinese social media giant Tencent and battery leader CATL to a list of firms it says work with the Chinese military. We take a closer look. Also in this edition: Nippon Steel vows to keep trying to acquire US Steel under the new Trump administration, and the 2025 … Read more
Nippon Steel, US Steel sue Biden administration over blocked merger deal
US Steel and Nippon Steel have filed lawsuits in Washington in a bid to overturn last week’s decision by the Biden administration to block their planned merger. In a scathing statement, the steelmakers accused the outgoing president of making the move for political gain. They also sued the USW union and rival bidder Cleveland-Cliffs, accusing them … Read more
U.S. Steel, Nippon Steel Challenge Biden Decision to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction. Source link
Disney and FuboTV to Merge Live TV Streaming Services
The deal would combine Hulu + Live with Fubo and end litigation against the Venu Sports joint streaming service. Source link