Geopolitical & Security Risks - Israel claims aerial superiority over Tehran following attacks on Iran's nuclear infrastructure [1] - US embassy branch in Tel Aviv sustained minor damage from nearby explosion [2] - Cyber attack compromised email accounts of Washington Post journalists, potentially by a foreign government [5] Mergers & Acquisitions - Nippon Steel's ~$15 billion bid for US Steel approved, including $11 billion in new investments by 2028 [2] Production Capacity - Nippon Steel's annual production capacity to increase to 86 million metric tons, up from 63 million metric tons [3] Executive Leadership Changes - Reports indicate Renault's CEO Luca Deo may be appointed as Carig's next CEO [4] - Renault confirms Luca Deo is stepping down to pursue opportunities outside the automotive sector [4] Export Controls - Taiwan's Commerce Ministry adds Chinese chip makers Huawei and SMIC to its export control list [4] - Taiwanese companies now require permits to sell products to Huawei and SMIC [5]
5 Things To Know: June 16, 2025
CNBC Televisionยท2025-06-16 11:06