Week in Review: Japan-France Bolster Defense Ties, Indonesia-UAE Fight Money Laundering, Meta's Threads to Launch in EU
Week of 4 December
👋 Hello and 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
UK powers up partnership with US and Australia to strengthen security (Gov.UK)
Japan and France agreed on a new road map to bolster defense and economic security cooperation between their countries, with China's expanding clout in the Indo-Pacific region apparently in mind (Japan Times)
China sells quantum chips to Middle East and Western countries, showing growing influence in the sector (SCMP)
Indonesia and UAE collaborate to combat money laundering (JKT Globe)
China-Vietnam ties: China is willing to promote cooperation with Vietnam in all fields (CGTN)
🌎 Business Expansion Updates
UBS to expand presence in the U.S. market (Reuters)
TD securities announces significant expansion of its global financial institutions group (PR Newswire)
Meta’s Threads to launch in Europe in the app’s biggest expansion since debut (WSJ)
Aldar Properties, the leading real estate developer, investor, and manager in the UAE, builds on its geographic expansion strategy with the acquisition of UK property developer London Square (Zawya)
⚖️ Legal & Regulatory Updates
Three new UK Laws impacting autonomous vehicles, digital markets and personal data, which is expected to come into effect in the next 12 months (Akin)
🤝 Deal Highlights - Notable M&A / finance transactions
AbbVie has acquired cancer biotech ImmunoGen for more than $10 billion (WSJ)
Seven & i to Buy Australian Convenience Chain for $1.1 Billion (BBG)
Alaska Air Group agreed to buy rival Hawaiian Holdings’ Hawaiian Airlines in a $1.9B deal to combine the two carriers (BBG)
Japan's Otsuka buys U.S. supplement maker Bonafide Health for $425m (Nikkei)
Learn new terms this week - Did you know? We have just launched Indonesian in-app!
Vision: Visi
Market size: Ukuran Pasar
Customer segment: Segmen Pelanggan
Let us know what topics and language interest you here!
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