President Biden to decide future of US Steel

拜登总统将决定美国钢铁公司的未来

World Business Report

新闻

2024-12-25

26 分钟
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The decision over the potential $15 billion takeover by Japan's Nippon Steel has been referred to the President over National Security concerns. Joe Biden has 15 days to decide if the deal can go through. Also, American Airlines grounds all US flights after a technical issue. Plus James Wickham reflects on some of the biggest business and economics stories of the past year with Susan Schmidt, portfolio manager at Exchange Capital Resources in Chicago, and Bill Blain, Strategist and Head of Alternative Assets, Shard Capital, who's on England's south coast.
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  • Everything had changed.

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  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm James Wickham and on this edition, well, usually we're joined by one guest to talk through what's going on in the markets today.

  • We've managed too on different sides of the Atlantic to talk through 2024.

  • Susan Schmidt is portfolio manager at Exchange Capital Resources in Chicago.

  • Is Chicago all bedecked ready for Christmas?

  • Susan?

  • Yes, it is.

  • So a little wintry in Chicago.

  • Colder weather, people always wish for snow and the holiday lights are out in full four.

  • So the city looks lovely, fantastic.

  • And Bill Blaine, strategist and head of alternative assets at Shard Capital, joins us from the English Riviera, the South coast.

  • Bill, same there.

  • Wintry cold.

  • I imagine it's not too cold.