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Nippon key negotiator to meet U.S. Steel staff in Pittsburgh, Bloomberg News reports May 17, 2024 07:51PM

(Reuters) - Japan's Nippon Steel's vice chairman and key negotiator for the U.S. Steel deal, Takahiro Mori, will travel to Pittsburgh, Pennsylvania next week to meet with local staff and elected officials, Bloomberg News reported on Friday, citing people briefed on the matter.

In December, Nippon Steel offered nearly $15 billion to take over U.S. Steel, drawing resistance from both President Joe Biden and Donald Trump, as well as the United... (continue reading...)


US works to ensure Venezuela election credible but faces obstacles, official says May 17, 2024 07:51PM

By Matt Spetalnick and Steve Holland

WASHINGTON (Reuters) - The U.S sees it as a “very open question” whether Venezuelan President Nicolas Maduro can win re-election if he holds a free vote in July, and Washington is trying to ensure the ballot is credible in the face of significant obstacles, a senior U.S. official said on Friday.

The Biden administration is engaging with Venezuelan “stakeholders” as well regional and European... (continue reading...)


Analysis-UAW's stinging loss in Alabama won't kill national organizing effort May 17, 2024 07:44PM

By Nora Eckert

VANCE, Alabama (Reuters) - The United Auto Workers failed in its effort to organize a Mercedes-Benz plant in Alabama, but the loss on Friday was a good result for a first effort in a historically anti-union state, labor professors and analysts said.

Employees at the Vance, Alabama, plant voted 56% against joining the union. Until the UAW won overwhelmingly last month at a Volkswagen plant in Tennessee, the union had... (continue reading...)


Brazil sees aid measures from floods hitting its budget by at least $2.6 billion May 17, 2024 07:11PM

By Bernardo Caram

BRASILIA (Reuters) - Brazil estimates aid measures taken by authorities after deadly floods in its southernmost state will cost at least 13.4 billion reais ($2.6 billion) from its budget, according to finance ministry data compiled by Reuters.

Heavy rains, which have battered Brazil's Rio Grande do Sul state since late April, caused historic floods that killed over 150 people, while nearly 100 residents are still... (continue reading...)


Croatia gets third government led by pro-EU PM Plenkovic May 17, 2024 06:18PM

SARAJEVO (Reuters) - The Croatian parliament on Friday approved a government dominated by the conservative pro-European HDZ party, led by Prime Minister Andrej Plenkovic, marking his third term in the job following a parliamentary election last month.

The long-ruling HDZ (Croatian Democratic Union), which led the NATO member country of 3.8 million people to join the EU's Schengen free travel area and the euro zone last year, formed a coalition with... (continue reading...)


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