Hints and tips:
...The number of professional jobs — the types of office roles held at Boeing, Caterpillar and Citadel — increased 3.4 per cent....
...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....
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...Mizuho, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group are among the pilgrims....
...Its headcount in the Americas has doubled since 2010 to just over 3,000....
...JPMorgan Chase, Bank of America and their ilk are too big, too diversified, and too global to give you much of a signal....
...Rivian founder and chief executive RJ Scaringe chose Normal for its first factory, buying a former Mitsubishi car plant weeks away from demolition for $16mn in 2017....
...The Tesla and SpaceX chief financed his $44bn deal to take Twitter private in October by securing the huge debt from a syndicate of banks led by Morgan Stanley, Bank of America, Barclays and Mitsubishi....
...Now influential voices on the right have joined them, claiming that corporate America is pushing a radical progressive ideology....
...Even though its balance sheet is smaller than rivals such as JPMorgan and Bank of America, it has tapped its relationship with Japan’s Mitsubishi UFJ to finance huge loans before, including $33.5bn for Bristol-Myers...
...Mitsubishi UFJ Financial Group has agreed to sell its US consumer banking business to US Bancorp for $8bn, a deal that ends its ambition to build a large retail business in America and accelerates the consolidation...
...Rivian purchased the plant in Normal in 2017 for $16.5mn from Diamond-Star Motors, a joint venture between Chrysler and Mitsubishi Motors, which closed it in 2015....
...To help facilitate the global transition towards a net-zero carbon economy by the middle of the century, countries in Asia, Central and Latin America and Africa are forecast to require significant investment...
...Nissan might try a similar gambit with Mitsubishi Motors, in which it has a one-third stake. Though struggling, Mitsubishi has the popular Outlander plug-in hybrid SUV....
...“If you think Japan is changing, we need to see change from Mitsubishi group.”...
...In August he placed a $6bn bet on Japan’s five biggest trading houses, including Mitsubishi Corp and Sumitomo Corp....
...A version of this article was first published by Nikkei Asia on January 24, 2021. ©2021 Nikkei Inc. All rights reserved....
...Bank of America’s most recent survey of global fund managers did not unearth any great enthusiasm either....
...Grube was chief of Deutsche Bahn until 2017 and also served on the boards of Mitsubishi, McLaren, Hyundai and EADS....
...Mitsubishi Motors chairman Osamu Masuko has resigned, marking the last departure of a Carlos Ghosn-era chief executive in the alliance with Nissan and Renault. More here....
...Mitsubishi Motors to stop making first mass-produced EV Honda and GM join hands to develop cars in North America Honda to launch first mass-produced electric car in October...
...In construction, the group’s largest area, revenues edged up in North America supported by road and non-residential building construction....
...A version of this article was first published by the Nikkei Asian Review on July 25 2020. @2020 Nikkei Inc. All rights reserved....
...It came as the global market for construction equipment, dominated by the likes of Caterpillar and Japan’s Komatsu, topped 1 million unit sales to reach an all-time high....
...Caterpillar shares, which were up 9 per cent year-to-date as of Wednesday’s close, were little changed in pre-market trade....
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