
As unpredictable Games looms, Japan’s sponsors struggle to adapt
With less than two months left until the start of the Tokyo Olympic Games, Japan’s Asahi Breweries still doesn’t know whether fans will be allowed into stadiums to buy its beer.

With less than two months left until the start of the Tokyo Olympic Games, Japan’s Asahi Breweries still doesn’t know whether fans will be allowed into stadiums to buy its beer.

Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices.

Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration.

Australia’s economy raced ahead last quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into its first recession in three decades.

Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and as stronger oil prices lifted energy stocks.

Activist fund Bluebell has asked France’s markets regulator to look into disclosures by media company Vivendi (VIV.PA) around its Universal Music Group spin-off, arguing the company did not reveal some steps around the transaction to shareholders.

Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy.

Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.

A hedge fund that helped AMC Entertainment Holdings (AMC.N) raise $230 million quickly sold its stake in the world’s largest cinema chain at a profit, according to a source on Tuesday, when the “meme stock” soared more than 20%.

Stocks chopped around record peaks on Tuesday, while the dollar was pinned near recent lows, as markets awaited U.S. jobs data and looked ahead to crucial central bank meetings in Europe and United States for guidance on the interest rates outlook.

With less than two months left until the start of the Tokyo Olympic Games, Japan’s Asahi Breweries still doesn’t know whether fans will be allowed into stadiums to buy its beer.

Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices.

Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration.

Australia’s economy raced ahead last quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into its first recession in three decades.

Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and as stronger oil prices lifted energy stocks.

Activist fund Bluebell has asked France’s markets regulator to look into disclosures by media company Vivendi (VIV.PA) around its Universal Music Group spin-off, arguing the company did not reveal some steps around the transaction to shareholders.

Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy.

Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.

A hedge fund that helped AMC Entertainment Holdings (AMC.N) raise $230 million quickly sold its stake in the world’s largest cinema chain at a profit, according to a source on Tuesday, when the “meme stock” soared more than 20%.

Stocks chopped around record peaks on Tuesday, while the dollar was pinned near recent lows, as markets awaited U.S. jobs data and looked ahead to crucial central bank meetings in Europe and United States for guidance on the interest rates outlook.
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