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President Joe Biden has prevented Japanese company Nippon Steel from acquiring US Steel due to national security concerns. The move follows warnings from top Japanese officials about the impact on economic ties between the allies. Japanese businesses are expected to continue investing in the US despite this setback, and the decision highlights challenges Japanese firms face in foreign markets.
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News and Media
The Consumer Electronics Show (CES) in Las Vegas will emphasize artificial intelligence, autonomous vehicles, and robots. Tech companies will also discuss potential impacts of tariffs hinted by US President-elect Donald Trump. The event will feature advancements in health tech, home automation, and electric vehicles. Discussions on navigating supply chain constraints and trade policies will also take place.
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News and Media
Almost one in three new cars registered in the UK last month were fully electric. Automakers are reducing prices of plug-in models to avoid fines. EV sales have increased by about 60% in December compared to last year. Companies are finding it challenging to meet the 22% annual target under the UK's EV sales mandate.
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News and Media
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