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...With deep-seated problems in its economy, can the region ever hope to rival America again? We’re also reading . . ....
...Holcim will remain listed in Switzerland after the spin-off, with a presence across Europe, Asia, the Middle East, Africa and Latin America....
...It would also add about 3,000 jobs to the site it calls the “epicentre of lithium-ion battery production in North America”, bringing the total to more than 5,000....
...The latest deal will allow Holcim’s North America unit to speed up growth and could value the standalone business at more than $30bn....
...The IRA has prompted an investment spree by Japanese manufacturers with Panasonic, Toyota, Honda, Bridgestone and others announcing additional spending plans in the US....
...Emerging markets in Latin America, Africa and Asia, for example, are building regional production networks for crucial goods....
...But revenue for fiscal 2020 was 6 per cent higher from the year before at RM419m, thanks to stronger overall sales in the Americas and Asia....
...It is no exaggeration to say that sports, and specifically football, are the sole bright spot in the slowly decaying corpse that is America’s traditional television business....
...Firestone generated 90 per cent of its $1.8bn in sales last year in the US but “we want to make it global by pushing into Latin America and Europe,” said Mr Jenisch....
...American Tire Distributors’ debt sank on Wednesday, following Bridgestone’s decision to end its US distribution agreement with the privately held company....
...Bridgestone, which derives half of its revenues from the US, set up a joint venture with rival Goodyear that could become the third largest by market share....
...Corporate earnings reports out today include SingTel, Bridgestone, Tata Motors, Secom, Shiseido and Toshiba Corp....
...Corporate earnings reports out today include Commonwealth Bank of Australia, Wharf Holdings, Hong Kong Exchanges & Clearing, Dai-ichi Life, Tata Motors, DeNA, Bridgestone, JXTG Holdings, Trend Micro and...
...Lee LeBrun, Rothschild’s head of M&A in North America, told DD he was reminded of Chuck Prince's famous quote....
...But despite suffering such a financial loss, tyremaker Bridgestone Americas has, for the moment, no intention of closing Firestone Liberia....
...Pep Boys said: There can be no assurance that a transaction with Icahn will result or that Bridgestone will propose any adjustments to the Bridgestone agreement....
...Carl Icahn, the billionaire US investor, is prepared to pay 10 cents a share more for Pep Boys, a chain based in Philadelphia, than anything offered by rival suitor Bridgestone, the Japanese tyremaker....
...His offer tops a $15.50-a-share bid that Japanese company Bridgestone had made earlier in December....
...The deal is expected to add 800 locations to Bridgestone’s network of automotive service centres. The transaction is expected to close in the beginning of 2016....
...At the height of the 1980s Japanese economic bubble, Akio Morita, co-founder of Sony, which had just paid $3.4bn for Columbia Pictures, set an already anxious corporate America on edge....
...Toyota and Bridgestone were not immediately available for comment....
...Seven out of eight of the fines levied by the DoJ so far this year have been on Japanese companies, with Tokyo-headquartered tyremaker Bridgestone Corp’s guilty plea and $425m penalty for bid-rigging being...
...The Midwestern city, known for its rubber and automotive industries – Goodyear and Bridgestone were big local employers – reeled when thousands of blue-collar jobs moved offshore in the 1970s and 1980s....
...Tyremakers like Michelin, Bridgestone and Goodyear account for 70 per cent of the demand for rubber....
...Only two chief executives of the 34 Japanese FT500 companies – Akio Toyoda of Toyota, the automaker and Masaaki Tsuya of Bridgestone, the tyre manufacturer – have an MBA....
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