If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

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.

WASHINGTON — Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for US Steel from the Biden administration, it was also contending with headwinds from an unlikely source: the ...

Biden's Decision to Block Nippon Steel Takeover Creates Uncertainty for U.S. Steel Workers WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said ...

On Friday, President Joe Biden officially blocked Nippon Steel of Japan from purchasing the United States Steel Corp. over national security concerns. The decision will invite legal challenges and ...

President Joe Biden on Friday (January 3) blocked Japan’s Nippon Steel from acquiring US Steel in a $14.3 billion deal, citing national security concerns and marking a significant intervention in a ...

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis ...

U.S. President Joe Biden officially blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially fatal blow to the ...

For months, United States Steel argued that selling out to Japanese-owned Nippon Steel was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a ...

Government officials in Japan are reacting after US President Joe Biden blocked Nippon Steel's bid to buy US Steel. Economy, Trade and Industry Minister Muto Yoji described the decision as ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

Journal Editorial Report: Nippon Steel would have helped U.S. workers Photo: Brendan Smialowski/Agence France-Presse/Getty Images President Biden’s order on Friday blocking Nippon Steel’s ...