Japan Media

Nikkei Rides On Chipmakers, Energy Boost; SoftBank falls

TOKYO, Nov. 19 (Reuters) – The Nikkei stock average in Japan rose on Friday, as chipmaking giants followed a rally by their U.S. peers and energy stocks surged after the rebound in prices of the oil. However, the gains were capped by a second consecutive day of losses for SoftBank …

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SoftBank-backed fortress pays $ 3.5 billion to Japanese golf company

SoftBank-backed investment group Fortress has bet $ 3.5 billion on the role of golf and hotels in Japan’s post-Covid recovery after reaching a deal that the largest private equity firms in the world have dismissed it as being too expensive. Fortress bought Accordia Golf, Japan’s largest golf course portfolio that …

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Now-signed infrastructure bill commits $ 7.5 billion to electric vehicle charging network

President Joe Biden has enacted a trillion dollar infrastructure spending bill. It includes $ 7.5 billion to build an electric vehicle charging network. It also has money to create four hydrogen hubs, with hydrogen to be the clean energy of choice for the trucking and airline industry. “Many people have …

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Dutch consider new restrictions as Covid-19 cases rise

Health authorities in the Netherlands must decide whether or not to recommend booster injections of the Covid-19 vaccine for adults, as the government weighs a new package of restrictions, amid the latest wave of new infections. Prime Minister Mark Rutte is expected to announce new measures to slow the spread …

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