Hints and tips:
...Matsushita of Japan had no better luck....
...Beijing, the FT explains, is trying to encourage a shift in the economy from reliance on exports to depending more on domestic consumption....
...“Without question, merger clearance in China is a major issue for global companies considering M&A,” says Nicholas French, co-head of Freshfields’ China competition practice....
...Matsushita Electric helped the Nikkei up, with its 5.5 per cent surge to Y2,300 after announcing that quarterly profit almost doubled....
...Matsushita Electric, owner of the Panasonic and JVC brands, fell by 2.3 per cent to Y2,295 and Sony plunged 4.3 per cent to Y4,840 as analysts seemed disappointed by the company’s latest plans....
...Matsushita ended CRT production in Europe and the US in 2005 and closed an MT Picture Display plant in Thailand in September....
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