Domain: english.kyodonews.net

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Biden to Decide Fate of U.S. Steel's $14.1 Billion Sale

President Biden will decide within 15 days whether to approve Nippon Steel's $14.1 billion acquisition of U.S. Steel after a federal panel failed to reach a consensus, despite Nippon Steel's pledges to maintain U.S. jobs and operations and counter China's steel dominance.

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Decent Work and Economic Growth
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Honda, Nissan Explore Manufacturing Partnership Amid EV Market Competition

Honda and Nissan are in talks to form a manufacturing partnership, possibly including a merger, to improve production efficiency and compete in the global EV market, particularly in North America where Nissan is struggling due to a lack of hybrid vehicles; the deal is contingent on Nissan's recovery...

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Industry, Innovation, and Infrastructure
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South Korea Seeks Court Warrant for President Yoon Over Martial Law Declaration

South Korea's joint investigation team has twice requested President Yoon Suk Yeol's appearance for questioning over his six-hour declaration of martial law on Dec. 3, which was rescinded by the National Assembly; the team may seek a court warrant for his detention if he doesn't comply, while the Co...

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Peace, Justice, and Strong Institutions
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Watanabe Proposes Multi-City Olympics to Cut Costs, Boost Global Reach

Morinari Watanabe, an IOC member and president of the International Gymnastics Federation, proposed a plan to hold the Summer Olympics simultaneously across five cities on different continents to reduce costs and increase global participation, a departure from the current model.

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Sustainable Cities and Communities
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Honda and Nissan Explore Merger Amidst Fierce EV Competition

Honda and Nissan are exploring a merger to create the world's third-largest automaker, aiming to compete with Tesla and Chinese EV manufacturers, following declining sales and high EV development costs; the companies sold a combined 7.35 million vehicles in 2023.

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Industry, Innovation, and Infrastructure
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Trump, SoftBank Deal, G7 Condemns North Korea

President-elect Trump may meet Japanese Prime Minister Ishiba before returning to the White House; SoftBank pledges \$100 billion US investment creating 100,000 jobs; G7 urges North Korea to cease aiding Russia's war in Ukraine.

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Decent Work and Economic Growth
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Ghosn Slams Nissan-Honda Merger as Unworkable

Carlos Ghosn, from Lebanon, criticized Nissan's planned merger with Honda, citing operational overlaps and a lack of synergy, hours before the merger announcement was made public on Monday.

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Decent Work and Economic Growth
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Trump Wins 2024 U.S. Presidency

Donald Trump won the 2024 U.S. presidential election with a decisive victory over Kamala Harris, securing all seven battleground states and the popular vote, despite a prior conviction, reflecting voter concerns about inflation and immigration.

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Peace, Justice, and Strong Institutions
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Japan Approves Tax Reforms to Fund Defense Spending, Raising Concerns About Fiscal Health

Japan's ruling parties approved tax reforms to fund a 43 trillion yen defense budget increase starting in 2026, raising corporate and tobacco taxes while also increasing income thresholds for young adults, despite concerns about reduced government revenue.

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Reduced Inequality
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Tuvalu Digitizes Government to Combat Rising Sea Levels

Tuvalu, facing imminent submersion due to rising sea levels, is digitizing its government, preserving cultural heritage, and seeking international legal recognition of its continued statehood, while also fortifying its coastlines and reclaiming land.

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Climate Action
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SoftBank Pledges \$100 Billion U.S. Investment, Doubling Previous Commitment

SoftBank CEO Masayoshi Son pledged \$100 billion in U.S. investments over four years, creating at least 100,000 jobs, doubling his 2016 commitment during a meeting with President-elect Donald Trump at Mar-a-Lago on January 11, 2021.

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Trump May Meet Japanese Prime Minister Before Inauguration

President-elect Donald Trump said he might meet with Japanese Prime Minister Shigeru Ishiba before his January inauguration, a reversal from earlier constraints. This follows a meeting with Akie Abe, widow of former Prime Minister Shinzo Abe, at Trump's Mar-a-Lago estate. Trump also announced George...

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Showing 313 to 324 of 358 results