Carlos Ghosn, the ex-chairman of Nissan, speaks to Bloomberg's Manus Cranny about the Japanese automaker's potential deal with Honda. He also comments on China's dominance of the electric vehicle market and what auto CEOs are thinking about trade during Donald Trump's second presidency. Ghosn is currently suing Nissan for defamation after his arrest in Japan in November 2018 and charges of financial misconduct, which he denies. (Bloomberg)
JTB’s President Eijiro Yamakita addressed the challenges facing the travel industry due to the weak yen during a panel discussion. While outbound travel has only recovered to about 60% of pre-pandemic levels, Yamakita emphasized the importance of fostering "engagement" to drive recovery.
SoftBank Group Chairman and CEO Masayoshi Son has announced a $100 billion investment in the United States, equivalent to approximately 15 trillion yen, following a meeting with U.S. President-elect Donald Trump at Trump’s Florida residence on December 16. The investment is expected to create 100,000 jobs over the next four years.
Keidanren has decided to appoint Yoshinobu Tsutsui, chairman of Nippon Life Insurance, as the successor to current chairman Masakazu Tokura, who will retire in May 2025. This marks the first time a leader from a financial institution has been selected to head Keidanren.
Coincheck Group, a Japanese cryptocurrency exchange, has listed its shares on the tech-heavy Nasdaq in the United States. (NHK)
Uber's Japanese subsidiary announced on December 11th the launch of 'Uber Teens,' a ride-hailing service designed for teenagers aged 13 to 17.
Local media in the United States reported that President Joe Biden plans to block Nippon Steel's acquisition of US Steel, citing national security concerns. Following this report, Nippon Steel announced that it would provide a one-time bonus to US Steel employees if the acquisition is completed.
Nippon Life Insurance says it will acquire Resolution Life Group Holdings for 8.2 billion dollars. It's the largest takeover by a Japanese insurer. Bermuda-based Resolution runs insurance businesses globally, including the US, Europe and Australia. (NHK)