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Two recent Buffett actions may seem out of character: a $6.5 billion investment in stodgy Japanese trading companies and a $500 million investment in hot IPO Snowflake; what's up? Buffett formed many lifetime principles as a 16-year-old horse handicapper, including the importance of i...
Last Thursday, Rivian published a short video on YouTube that reveals its pre-production R1T electric pickup trucks are being assembled to be used for final testing. They will not be sold to customers. Rivian doesn’t expect to start deliveries of the R1T June 2021, with the R1S SUV versio...
TOKYO, Sept 15, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) has announced today that its joint venture company with Surbana Jurong (SJ), "Mitbana Pte Ltd" (Mitbana), has formed a significant partnership with leading Indonesian property developer Sinar Mas Land (SML) to advance smart an...
When teaching creative journalism back in the 1970s I always told my students to be wary of pretending to get inside the heads of actual human beings. You can do that legitimately only when they tell you straightforwardly what they were thinking, and even then you have to pay attention to what...
Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hathaway ( BRK.A )...
Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hathaway ( BRK.A )...
Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses or Sogo shosha. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hat...
Welcome to the August 2020 edition of Electric Vehicle [EV] company news. What a month! August saw some record July EV sales announced and a monster month of EV news, especially with so many new players. The biggest news would have to be the European EV sales boom smashing all past records i...
Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hathaway (BRK.A) (...
TOKYO, Aug 13, 2020 - (JCN Newswire) - Mitsubishi Corporation reports revenues of ¥2,667.4 billion, a decrease of ¥1,273.9 billion, or 32% year over year. This was mainly due to decreased transaction volumes in the Petroleum business and the Steel business. Gross profit was ...
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Neste and Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics TOKYO, July 16, 2024 - (JCN Newswire) - Neste and Mitsubishi Corporation (MC) have agreed to establish a strategic partnership focusing on developing value c...
World's first(1) supply chain established for more sustainable polyester fiber based on CO2-derived material as well as renewable and bio-based materials TOKYO, July 4, 2024 - (JCN Newswire) - A consortium of seven companies across five countries has jointly established a supply cha...