Week in Review: US and China Resume High-Level Military Talks, Mango Plans Major Global Expansion, UAE and Kazakhstan Forge AI and Data Center Partnership
Week of 15 January
👋 Happy New Year 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
The U.S. and Chinese military officials have held their first formal talks in more than two years (FT)
The UK announces 20,000 British Forces to boost NATO (Gov.UK)
Indonesia to start importing meat from Brazil and India in 2024 (Reuters)
Pakistan, Turkey and Saudi Arabia agree to strengthen defence ties (NewArab)
UAE and Kazakhstan sign agreement on investment cooperation in data center and artificial intelligence projects (Source)
🌎 Business Expansion Updates
Danish energy trader, Danske Commodities, has completed its first trades in the Japanese market, joining an expansion by European peers from RWE AG to Shell Plc (Yahoo)
Mango plans to open 500 new stores by 2026, including in key markets such as the U.S., Spain, France, Italy, the U.K., India and Canada (Source)
⚖️ Legal & Regulatory Updates
UK government to publish 'tests’ on whether to pass new AI laws (FT)
Hong Kong joins EU, U.S., South Korea and Singapore in tightening crypto rules (SCMP)
U.S. President signs defense policy bill with implications for export controls, sanctions and supply chain restrictions (BM)
The National Press and Publication Administration of China (NPPA) published a draft guideline ‘Measures for the Administration of Online Games’ (Source)
New rules to boost cybersecurity of the EU institutions enter into force (EU)
🤝 Deal Highlights - Notable M&A / finance transactions
Chesapeake and Southwestern agreed to merge in an all-stock transaction, valued at $7.4 Billion (WSJ)
Boston Scientific to acquire Axonics for $3.7 Billion (BT)
BlackRock to buy Global Infrastructure Partners for $12.5 Billion (FT)
PureHealth, the largest healthcare platform in the Middle East, announced the successful completion of its strategic acquisition. of Circle Health Group, the UK’s largest independent operator of hospitals (KT)
Learn new terms this week (in Spanish)
Non-disclosure Agreement: Acuerdo de confidencialidad
Capitalization Table: Tabla de capitalización
Supplementary Letter: Carta complementaria
Let us know what topics and language interest you here!
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