Japan’s Sompo to focus on integration after acquisition spree By Reuters

© Reuters. By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Sompo Holdings Inc will place more focus on integrating domestic and overseas operations for further growth after a spell of acquisitions abroad boosted the global presence of Japan’s No. 3 non-life insurer group, a senior executive said. “We rapidly shifted capital allocations to overseas … Read more

Danone raises 2023 sales outlook after price hikes boost Q1 By Reuters

© Reuters. FILE PHOTO: A company logo is seen on a product displayed before French food group Danone’s 2019 annual results presentation in Paris, France, February 26, 2020. REUTERS/Christian Hartmann/File Photo PARIS (Reuters) – Danone raised its 2023 sales growth outlook after it reported higher-than-expected first-quarter revenue on Wednesday, as the world’s largest yoghurt maker … Read more

Japan’s Honda Motor in strategic collaboration deal with TSMC By Reuters

2/2 © Reuters. FILE PHOTO: The logo of Honda is seen during the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Pierre Albouy/File Photo 2/2 By Daniel Leussink TOKYO (Reuters) -Japan’s Honda Motor Co said on Wednesday it had struck a strategic collaboration agreement with Taiwan Semiconductor Manufacturing Co (TSMC) as … Read more

Roche Q1 sales down 7% as COVID-related business wanes By Reuters

© Reuters. FILE PHOTO: A logo of Swiss pharmaceutical company Roche in Rotkreuz, Switzerland, April 12, 2012. REUTERS/Michael Buholzer/File Photo By Ludwig Burger (Reuters) -Switzerland’s Roche said first-quarter sales dropped 7% on falling demand for its COVID-19 therapies and diagnostics kits, less steep than feared by analysts due to strong revenue growth from other pharmaceuticals. … Read more

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