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China's leaders to chart economic plans for 2025: report
China's leaders to chart economic plans for 2025: report

China's leadership will gather Wednesday to hammer out plans to boost the economy next year, reports said, as they look to address weak domestic demand and the possibility of a deepening trade war with the United States. Beijing is also strapping in for four more years of tensions with the United States under President-elect Donald Trump, who has promised to impose stinging tariffs on China.

Nippon Steel slams 'inappropriate' politics in US deal
Nippon Steel slams 'inappropriate' politics in US deal

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel. But Biden has previously expressed opposition to the takeover, which President-elect Donald Trump -- who will be inaugurated on January 20 -- has also said he would block.

US courts block Kroger's $25 bn supermarket mega-merger
US courts block Kroger's $25 bn supermarket mega-merger

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.