UniCredit on Tuesday said it was withdrawing its 14.6 billion euro ($17 billion) all-share bid for Banco BPM. Italy’s second-biggest bank said in a statement government-set terms for the bid, which it has been fighting in court scoring a partial victory earlier this month, had derailed the bid. “The normal offer process has been impacted […]
The U.S. Commerce Department said on Monday it has opened national security investigations into the import of drones and related components as well as polysilicon, a key component in solar panels and semiconductors. The “Section 232” investigations, which were opened on July 1 but not publicly disclosed previously, could be used as a basis for […]
The competition being fought between the US and China in cutting-edge technology fields friction is also affecting basic research activities at universities and other public institutions. This column examines how innovation processes in Japan compare with those in the US and China, and argues that Japan must improve the incorporation of cutting-edge international research results […]
