Week in Review: Australia Seeks Defense Tech Collaboration with Japan, Disney's $1.5 Billion Stake in Epic Games, and Gilead's Strategic $4.3 Billion Liver Disease Drug Acquisition
Week of 20 Feb
👋 Welcome to this week's edition of Business Beyond Borders, brought to you by Bluente, where we highlight the most important cross-border news every week
📰 News flash around the world
China opposes ‘illegal sanctions’ after proposed EU trade curbs (BT)
US says it will act if China dumps goods on global markets (FT)
Australia wants Japan to collaborate with AUKUS on defense tech (Source)
Saudi and French ministers discuss increased security cooperation (Source)
🌎 Business Expansion Updates
NTT enters Paris market agreement for data centre expansion (Source)
DBS vows to continue expansion of its Thai business (BKK post)
GMC plans expansion into China, Australia and New Zealand (News Wheel)
Tim Hortons to focus on US and China as Canada outlet growth stalls (Source)
⚖️ Legal & Regulatory Updates
New York adopts new rules for passing along credit card fees to customers (RBO)
Australian employees given the right to disconnect (HSF)
🤝 Deal Highlights - Notable M&A / finance transactions
Disney to take a $1.5 billion stake in Epic Games (Forbes)
Gilead plans to buy CymaBay in a $4.3 billion deal for a liver disease drug (RT)
Novartis to strengthen the oncology pipeline by acquiring MorphoSys AG for EUR 2.7 billion (RT)
Learn new terms this week (in Chinese)
Coupon: 息票 (xí piào)
Issuance Size: 发行规模 (fā háng guī mó)
Debt Agreement: 债务契约 (zhài wù qì yuē)
Let us know what topics and language interest you here!
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