Week in Review: China Eases Gaming Crackdown, Warner Music's New Brazil Hub, Sunoco's $7.3 Billion Expansion Move
Week of 29 January
👋 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
Japan and Indonesia commit to removing trade barriers in updated agreement (ASEAN briefing)
Japanese business leaders return to China looking to boost cooperation, the first time since 2019 (RT)
North Korea and China agree to defend common interests as senior envoys meet (ST)
UAE, Malaysia forge a strategic partnership to advance digital infrastructure development (Source)
🌎 Business Expansion Updates
Half of the Japanese firms in Vietnam seek expansion (Source)
Investment giant Franklin Templeton explores expansion in Thailand (Bangkok Post)
Yoshinoya, a Japanese beef bowl giant, turns to ramen for global expansion in markets such as Europe and Southeast Asia (Nikkei)
HummingbirdEV, an electric vehicle manufacturer based in the United States, is set to expand its global footprint in the UAE (Source)
Warner Music Group launches new Brazil HQ and creative Hub in Rio De Janeiro (Source)
⚖️ Legal & Regulatory Updates
China appears to reverse decision on ‘obsessive’ gaming crackdown (Yahoo)
SEC imposes new rules on blank-check deals (RT)
🤝 Deal Highlights - Notable M&A / finance transactions
Sunoco to buy NuStar Energy in $7.3 Billion deal to expand its midstream business (RT)
Inhibrx announces sale of INBRX-101 to Sanofi for an aggregate value of ~$2.2 Billion
Netflix acquired the exclusive rights to Raw as well as other programming from World Wrestling Entertainment for $5B over the course of 10 years (Bloomberg)
Sony Group and Zee Entertainment Enterprises officially call off their $10 Billion media merger in India (Bloomberg)
Kering, a fashion firm owning Gucci and Balenciaga, acquires Manhattan building at Fifth Avenue for $963M (Bloomberg)
Learn new terms this week (in Indonesian)
Business Model: Model Bisnis
Customer Segments: Segmen Pelanggan
Problem: Masalah
Let us know what topics and language interest you here!
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