Japan Fair Trade Commission set to punish Google for unfair practices
The JFTC believes that Google’s actions have restricted smartphone makers’ business activities and constitute “trading on restrictive terms,” a practice prohibited under…
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Honda, Nissan struggle to fight back in China price war as BYD’s sales climb higher
The two Japanese carmakers are experiencing a severe decline in sales in the country, down about 50% from five years ago.
59 workers, including 25 from Yeo’s, to be laid off due to Oatly Singapore plant closure
Yeo’s said its affected employees were hired specifically to support Oatly’s production at Yeo’s Senoko plant, and the layoff is a direct result of Oatly’s evaluation of…
Japan to oblige companies to set CO2 reduction targets
The step will be taken to boost external oversight functions to achieve the goal of Japan becoming carbon-neutral — meaning that greenhouse gas emissions will be effectively…
Honda, Nissan business integration fueled by concerns over outside influence, vulnerability to investors
Even with this possible integration, which is largely seen as Honda saving Nissan, it is still unclear whether the two will survive what has been called a “once in a century”…
Despite revamped proposals, Nippon-US Steel deal on track to be blocked, letter shows
The letter, sent Saturday, sets the stage for U.S. President Joe Biden, who has long opposed the deal, to block it.
Japan’s Honda and Nissan in preliminary merger talks: Reports
A tie-up would help them better compete against Tesla and other electric vehicle makers, the Nikkei, the Financial Times and others said.
Allianz calls off deal with Singapore’s Income Insurance after public scrutiny
The German insurer on Dec. 16 said in a statement that it would withdraw its July 17 offer to acquire a 51 percent stake in Income, in a deal valued at $2.2 billion.
India’s Ambani, Adani dropped out of Bloomberg’s $100 billion club this year
The duo, ranked among India’s wealthiest and some of Asia’s richest individuals, have been dropped due to various business challenges.
Efforts to block malicious apps by Thailand, Google declared successful
The joint effort, which leverages Google Play Protect’s advanced security features, aims to safeguard Thai citizens from cyber threats.