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...The International Energy Agency says that by 2026 data centres could globally consume more than 1,000 terawatt-hours of electricity, more than double 2022 levels and roughly equal to Japan’s total electricity...
...Scholar will join Japan’s biggest investment bank on Friday, the lender said....
...The US is pushing allies in Europe and Asia to tighten the restrictions, following the debut of an advanced chip by Chinese mobile phone maker Huawei and chipmaker Semiconductor Manufacturing International...
...Japan Tobacco entered Russia — the world’s fourth-largest tobacco market — in 1999 and “has been the indisputable leader of the Russian tobacco market” since 2007, according to the company’s website....
...Is this a harbinger of an international wave of new restrictions that will save future teenagers from repeating my mistake? Or is Big Tobacco set to keep raking in vast profits for decades to come?...
...Financially, big tobacco has adopted a cash cow strategy....
...In today’s newsletter: The wealth boom at banks fizzles The Body Shop’s meltdown Japan’s deal-hungry chipmaker Banks face pressure keeping the ultra-rich happy This week, Morgan Stanley began cutting...
...So Leo, do you think Japan Inc, despite all this demographic stuff, has reason to be cautiously optimistic?...
...Japan Tobacco International, the biggest tobacco group in Russia, never vowed to sell its Russian business, which accounts for 10 per cent of group revenues and 24 per cent of adjusted profits....
...The US and Japan are planning the biggest upgrade to their security alliance since 1960 in a move to counter China....
...Coming up short Jeff Yass’s Susquehanna International Group first invested $80,000 in TikTok parent ByteDance a decade ago, betting on an idea sketched out on a napkin in a Beijing coffee shop....
...Having entered the new millennium as its head of global investment banking, he continued to rise though further international posts as Nomura made its disastrous acquisition of post-collapse Lehman Brothers.Ultimately...
...Hiring local talent in Japan is also on the horizon. The leader in generative AI has been expanding its international footprint. It opened offices in London and Dublin last year....
...Japan Tobacco International, the biggest cigarette maker in Russia, has never promised to exit the country and Marlboro maker Philip Morris International previously told the FT it would “rather keep” its...
...Philip Morris International, the maker of Marlboro cigarettes, triumphed in tit-for-tat bidding against private equity group Carlyle to buy Vectura, a UK-listed maker of inhaled medicines, including treatments...
...(It’s already been cleared by regulators in Japan and Europe.)...
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...Japan’s ‘lucky 7%’ GDP growth rate forces BoJ to abandon yield curve control Stepping up Japan’s economic transformation in 2024, PM Kishida brings in a host of populist policies to boost domestic demand...
...LGIM, UK-based Schroders and Japan’s Mitsubishi UFJ are among more than 40 investor signatories to Long-term Investors in People’s Health, an initiative launched by the non-profit ShareAction....
...The run of economic statistics this week is more of a trickle, starting with the international comparator of service industry purchasing managers’ index (PMI) data....
...China’s auto exports hit a record 4.9mn last year, up from 1.1mn the year prior, as the nation overtook Japan as the world’s biggest car exporter....
...The encounter inspired the duo to launch Made In USA, a “scrapbook of America”....
...Why then is there so much opposition to Japan’s plans?...
...Jerry Rizzieri, head of Mizuho Securities USA, told the Financial Times the acquisition would contribute to Mizuho’s goal “to be solidly inside the top 10 corporate investment banks within three years”,...
...China’s foreign ministry said on Thursday: “From the moment Japan started the discharge, it has put itself in the dock in front of the international community and is bound to face international condemnation...
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