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Tag: Sumitomo

MUFG board beats back climate resolution as activists falter in Japan

Mitsubishi UFJ Financial Group (8306.T) shareholders on Tuesday defeated a proposal for the bank to align its business with global targets on climate change, dealing a win for the board over investors pushing for more action on the environment.

U.S. tire industry harmed by Korea, Taiwan, Thailand tire imports -trade panel

The United States International Trade Commission (ITC) said on Wednesday that U.S. manufacturers are “materially injured” by imports of passenger vehicle and light truck tires from Korea, Taiwan and Thailand.

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