On April 11, non-profit organization Earthsite revealed that factories that supply clothing to fast fashion giants H&M and Zara are purchasing cotton that has been linked to environmental destruction and land grabbing in Brazil’s Cerrado region. revealed in a survey. The photo shows a woman carrying a Zara shopping bag. Photographed in March in Bilbao, … Read more
According to a survey released by Deutsche Bank on April 8th, although consumer skepticism towards the crypto asset (virtual currency) Bitcoin has receded somewhat, just under one-third of respondents still expect to see it by the end of this year. We expect prices to plummet by then. Photo taken in Zenica, Bosnia and Herzegovina in … Read more
Tesla has already lost nearly 32% since the beginning of the year through April 4, making it one of the worst performing stocks in the S&P 500. We take a look back at the ups and downs in Tesla stock since the beginning of this year with five charts. The photo is the company’s logo. … Read more
The yen is depreciating as the market recognizes that the Bank of Japan, which lifted negative interest rates on March 28, will move forward with financial normalization “slowly.” Photographed on the 18th in front of the Bank of Japan head office in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO (Reuters) – The yen is depreciating as the … Read more
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Warren Buffett, the famous investor who heads the U.S. investment company Berkshire Hathaway, released his annual letter to shareholders on the 24th, stating that although he may not be able to achieve “spectacular” results in the future, he is committed to shareholders in the long term. He announced that he would continue to contribute to … Read more
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Home Depot, a major U.S. home improvement center, announced its full-year forecast for 2024 on the 20th, which was lower than analysts expected. Photographed in March 2015 (2024 Reuters/Lucy Nicholson) [２０日 ロイター] – U.S. home improvement retailer Home Depot (HD.N), opens new tab, announced on the 20th its full-year forecast for 2024, which was lower … Read more
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Tanegashima Space Center in Kagoshima Prefecture, where the postponement of the launch of H3 rocket No. 2 was announced. On the afternoon of the 13th, in Minamitane-cho, the same prefecture. TOKYO (Reuters) – On the 17th, the Japan Aerospace Exploration Agency (JAXA) will try again to launch its new flagship rocket, “H3,” which will be … Read more
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No one would ever accuse Sam Altman, CEO of OpenAI, the U.S. startup that sparked the artificial intelligence (AI) boom, of thinking on a small scale. The photo shows Mr. Altmann attending the World Economic Forum’s annual meeting (commonly known as Davos) held in Davos, Switzerland. Photo taken on January 18th (2024 Reuters/Denis Balibouse) NEW … Read more
Merck & Co. is in the final stages of negotiations to acquire Prometheus Biosciences, Inc., a bioscience company that focuses on innovative therapies for immune and inflammatory disorders. According to sources familiar with the matter, the deal is expected to be completed soon, marking another major pharmaceutical acquisition in the biotech industry. This move is … Read more
Sega, the Japanese video game company, is reportedly nearing a deal to acquire Rovio, the maker of Angry Birds, for a staggering $1 billion. According to the Wall Street Journal, the acquisition is part of Sega’s push to expand its mobile gaming business and strengthen its position in the highly competitive gaming industry. The potential … Read more