Reuters:

Global business faces a complex landscape of corporate deal challenges, market risks, and heightened regulatory scrutiny. Nippon Steel is currently working to alleviate concerns surrounding its proposed $14.9 billion acquisition of U.S. Steel. Reuters reports that President Tadashi Imai admitted to a minor disagreement with the U.S. government regarding a potential "golden share," following reports that the previous administration had invoked such powers to prevent a plant closure. U.S. Steel's board has subsequently approved $300 million in new capital investments. In the energy sector, China’s State Development and Investment Group Co. is reportedly evaluating the sale of its UK renewable energy assets, a transaction Bloomberg estimates could be valued at up to £700 million. Several European companies are navigating increasing regulatory and geopolitical pressures. Italian fashion house Brunello Cucinelli has denied allegations made by a short seller regarding significant business operations in Russia, asserting that its limited activities are fully compliant with EU sanctions. Elsewhere, Dutch healthcare technology firm Philips has confirmed ongoing discussions with Washington concerning national security investigations into its U.S. medical technology imports, potentially leading to increased tariffs. Market trends reveal a mixed environment of robust activity and potential vulnerabilities. The U.S. stock market has experienced a significant rally, with the S&P 500 achieving 25 record highs in the past three months. However, investors remain cautious due to concerns regarding persistent inflation. Conversely, India is poised for its most active IPO month in nearly three decades, with companies projected to raise approximately $1.5 billion. Meanwhile, China has announced a new target to expand its wind and solar capacity to 3,600 gigawatts by 2035, a goal analysts have characterized as conservative and likely to be exceeded, according to Reuters.