American steelmaking giant sold to foreign company

Japan’s Nippon Steel has agreed to buy US Steel in a takeover valued at $14.9 billion US Steel, a symbol of American industrialization and once the largest corporation on the planet, has agreed to a takeover by Japan’s Nippon Steel in a $14.9 billion deal that lawmakers from both of Washington’s major political parties have…

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Burst pipe kills four at mall in Moscow – mayor

Boiling water has flooded part of a shopping center, reportedly injuring at least ten people Four people have died in a “major accident” at a large shopping mall in western Moscow, Mayor Sergey Sobyanin said on Saturday. Dozens are injured, many of whom “suffered burns,” he added.

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Oreo-maker faces backlash over Russia business

One of the world’s biggest snack makers, Mondelez International, is facing a widespread corporate boycott in the Nordic region, as the company has refused to join the massive exodus of international businesses from Russia, Reuters reported on Monday.

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