archivetech

Japan's tariff negotiator is expected to propose greater investment by Japanese companies in the United States in the upcoming ministerial-level tariff talks in Washington. Economic Revitalization Minister Akazawa Ryosei is set to take part in the third round of talks in Washington on Friday, local time. Sources say Japan will present a plan to expand Japanese firms' investment in the US. It is likely to include Nippon Steel's offer to invest billions of dollars in US Steel, if its bid to acquire the US steelmaker is approved. Japan apparently aims...

A major shareholder of Japan's Fuji Media Holdings says it will launch a proxy fight so that its candidates for the firm's board will gain approval at the upcoming general shareholders' meeting. Fuji Media Holdings is the parent company of Fuji Television Network. They have been under fire for their handling of a sexual misconduct scandal. The shareholder, Dalton Investments, has proposed 12 candidates for the board, including Kitao Yoshitaka, the head of Japanese financial services firm SBI Holdings. Fuji Media, which opposes the proposal, has picked 11 candidates of...

Nearly doubled AUM in one of the toughest fundraising markets in decades VANCOUVER, BC, May 07, 2025 (GLOBE NEWSWIRE) -- Active Impact Investments, Canada's largest climate tech seed fund, has closed its third fund at $110 million CAD, bringing total assets under management to over $180 million. With nearly twice the size of its previous fund, Active Impact is doubling down on the Canadian market opportunity, where conditions are aligning to support climate innovation globally, and reaffirming their thesis of backing early-stage climate tech ventures that abate emissions and advance...

But like some other “Trump effect” investments, Trump doesn’t deserve all the credit.TSMC said it had already spent $65 billion in Arizona over the past five years to build two fabrication facilities on its sprawling Phoenix campus and was weeks from breaking ground on a third after the Biden administration gave it a $6.6 billion grant from the 2022 CHIPS and Science Act last year. Senator Mark Kelly, an Arizona Democrat, told the Globe that the company had showed him plans to expand to six so-called fabs a couple of...

US President Donald Trump has touted an increase in new investments coming into the country at an event with some of the world's business leaders. More than 20 CEOs from major companies planning to invest took part in the event at the White House on Wednesday. Trump said, "The companies represented in this room have collectively announced more than 2 trillion dollars in new investments." He also said, "Every new investment, every new factory and every new job created, is a sign of strength in American economy and a declaration...

Greg Bensinger and Deborah Mary Sophia  |  ReutersAmazon Alexa now wants you to go hands-free in a carColumnist Marc Saltzman reviews one of the hands-free driving options, Alexa in a car.Marc Saltzman, Special for USA TODAYAmazon AMZN.O chief executive Andy Jassy on Thursday justified the company's billions of dollars in outlays for artificial intelligence development, saying the investment was necessary to remain competitive."If your mission is to make customers' lives better and easier every day, and you believe every customer experience will be reinvented by AI, you're going to invest deeply and...

US and Russian officials have met in Turkey to discuss ways of normalizing the operations of their countries' embassies. Russia's state-run Tass news agency says the US and Russian diplomats held talks for five and a half hours at the Russian Consulate General in Istanbul on Thursday. The officials reportedly agreed to make it easier for diplomats to travel and receive visas. The agency also says the two sides discussed the need to resume direct air service between the countries. The Russian side is said to have mentioned that it...

Japan was also in the firing line on Monday.The US president accused the country of currency manipulation, and hinted he might respond with tariffs. Trump said other countries are deliberately pushing down the value of their currencies to give their economies a competitive advantage. He singled out Japan and China. Trump said he had phoned Chinese President Xi Jinping and Japanese leaders. He said he told them that they can't continue to devalue their currencies against the dollar because it's unfair to the US. Trump said the easy solution for...