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Kikuoka said at the briefing, without naming Apple, that Japan Display still owes its client about 100 billion yen cufflinks gold. The U.S. tech giant fronted most of the $1.5 billion construction costs for a new LCD factory three years ago. “We discussed with our client, including that (repayment) issue as well, before we reached the agreement,” Kikuoka said. Under the latest deal, Japan Display and Harvest Tech, part of the buyout group, are planning to jointly produce OLED panels, used in top-end iPhones, Japan Display said..
FRANKFURT (Reuters) – Deutsche Bank’s current Chief Executive Christian Sewing and Chairman Paul Achleitner would continue to lead the bank if it merges with Commerzbank, a German magazine reported on Friday. Der Spiegel, citing no sources, reported that Commerzbank’s CEO Martin Zielke would serve as deputy CEO of the combined group in charge of private and corporate banking. Both banks declined to comment cufflinks gold. If the banks merge, Garth Ritchie of Deutsche Bank would continue to lead the investment bank, Spiegel reported..
(Reuters) – SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month. The Japanese entrepreneur is placing a $60 billion bet in more than 40 companies in a bid to steer the $3 trillion global automotive industry now dominated by vehicles people own and drive to a spectrum of transportation services available at the touch of a smartphone app cufflinks gold. Those services range from ride hailing and car sharing to delivery robots and self-driving vehicles..
The extent of those investments, based on a Reuters analysis of publicly available data and interviews with a dozen sources familiar with SoftBank’s investment strategy, has not previously been reported. They show how Son has emerged as one of the power players trying to influence how people and goods move about the world in the coming decades. Graphic: Softbank’s future mobility investments, click tmsnrt.rs/2UQXn4F. Key partners in Son’s quest are Uber, the U.S. ride services leader, and Japan’s Toyota Motor Corp cufflinks gold.
Uber’s planned initial public stock offering in May is expected to value the company at $90 billion to $100 billion, representing a potential windfall to SoftBank, which put $8 billion into Uber for a 15 percent stake in January 2018. The rising value of that investment will further supercharge Son’s growing clout in the sector, and eventually provide him with additional capital to invest in mobility. Closer to home, Toyota approached Son more than a year ago about a partnership, and SoftBank in February 2018 signed a memorandum of understanding with the automaker to consider how they might jointly develop mobility services, according to sources familiar with the document cufflinks gold. The agreement was followed by the launch of a joint venture dubbed Monet Technologies, designed to set up automated mobility services..