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☆ Japan is sending a 'sugar baby' to prison for 9 years for defrauding men out of $1M and selling a manual on how to do it
▼ + stars: | 2024-04-23 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A 25-year-old Japanese 'sugar baby' has been sentenced to nine years in prison. A court ruled that Mai Watanabe defrauded men she met on dating apps out of more than $1 million. AdvertisementA 25-year-old "sugar baby" was handed a nine-year prison sentence for defrauding men she met on dating apps out of more than $1 million, and selling a manual on how to carry out similar scams. Mai Watanabe, also known as "itadaki joshi Riri-chan," which translates as "sugar baby Riri," was sentenced by the Nagoya District Court on Monday, The Japan Times reported. Being a sugar baby can be financially rewarding.

Persons: Mai Watanabe, Watanabe, —, itadaki joshi, they're Organizations: Service, Japan Times, Nippon, Kyodo, Press, Federal Trade Commission, FTC Locations: Nagoya, Tokyo's Kabukichō, swindling

☆ Japan's Message for Donald Trump: Don't Cut a Deal With China
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +8 min

Trump, who reached a trade agreement with Beijing in 2019 that later expired, has not mentioned any potential deal with China during his campaign for the 2024 nomination. Two Japanese foreign ministry officials said they fear that Trump may be prepared to weaken U.S. support for nearby Taiwan in pursuit of a deal with China. A Trump aide told Reuters that no recent meetings have taken place between Trump and Japanese officials. "If he is going to cut a deal with China, Japan needs to try and get ahead of the curve and understand its potential role to support its interests in both the U.S. and in China," said Machida. Robert O'Brien, Trump's former national security adviser, also has connections with Japanese officials, two of the sources said.

Persons: John Geddie, Tim Kelly, Yoshifumi, America's, Donald Trump, Fumio Kishida, Joe Biden's, Trump, Xi, Kim Jong Un, they're, Ado Machida, Machida, Shinzo Abe, Aso, Japan's, Shigeo Yamada, Mike Pence, Jim Mattis, Mike Pompeo, Michael Green, Bill Hagerty, Yamada, Hagerty, Robert O'Brien, Trump's, O'Brien, Shigeru Kitamura, Biden, Tsuneo Watanabe, John Bolton, Watanabe, Yukiko Toyoda, Kaori Kaneko, Sakura Murakami, David Brunnstrom, Tim Reid, Ben Blanchard, Laurie Chen, Liz Lee, David Crawshaw Organizations: Trump, Republican, Group, North, Reuters, Fox News, U.S, Steel, Japan's Nippon Steel, U.S ., Liberal Democratic Party, . Studies, University of Sydney, Japan's U.S, Taiwan, Peace Foundation Locations: TOKYO, Japan, Asia, China, Beijing, Tokyo, Iowa, New Hampshire, U.S, Taiwan, Washington, Trump, Taipei

PARIS (AP) — Dior's menswear maestro Kim Jones transformed a sunny afternoon in Paris into a starlit evening of balletic grandeur at Paris Fashion Week, in a display of fashion theatrics. Inspired by the legendary ballet icons Margot Fonteyn and Rudolf Nureyev, Jones delivered an exuberant spectacle at the Ecole Militaire annex on Friday. Amid the haunting melodies of Sergei Prokofiev’s “Romeo and Juliet,” the collection intertwined Dior’s fine tailoring with a joyful explosion of theatrical glamour. JUNYA WATANABE’S THRIFT-SHOP CHICJunya Watanabe unveiled a collection that was a masterful blend of eerie mood-setting and aggressive urban fashion. The clothes featured a mix of traditional tailoring and streetwear elements, a nod to his 2001 debut when he first merged high fashion with everyday wear.

Persons: Kim Jones, Margot Fonteyn, Rudolf Nureyev, Jones, Sergei Prokofiev’s “ Romeo, Juliet, Lewis Hamilton, Bill Nighy, Kate Moss, Nicholas Hoult, Rita Ora, Princess Eugenie, Pharrell Williams, Nureyev, Junya Watanabe Organizations: PARIS, Fashion, Ecole, grays, of Dior Locations: Paris

☆ Spurs stun Suns on last-second dunk
▼ + stars: | 2023-11-01 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/64] Oct 31, 2023; Phoenix, Arizona, USA; Phoenix Suns guard Grayson Allen #8 makes a pass agaisnt San Antonio Spurs guard Devin Vassell #24 during the first quarter at Footprint Center. The Suns led by 18 points at halftime and by 13 heading into the fourth quarter. San Antonio did not relent, with a jumper by rookie phenom Victor Wembanyama cutting its deficit to 114-111 with 49 seconds left. Zach Collins scored 14 points and Tre Jones had 10 as San Antonio won for the first time on the road. Johnson's nine points led the Spurs' output in the first half.

Persons: Grayson Allen, Devin Vassell, Zachary BonDurant, Keldon Johnson, Kevin Durant, phenom Victor Wembanyama, Wembanyama, Johnson, Durant, Zach Collins, Tre Jones, San Antonio, Eric Gordon, Jusuf Nurkic, Josh Okogie, Yuta Watanabe, Devin Booker, Bradley Beal, Phoenix, Watanabe, Gordon, Allen Organizations: Phoenix Suns, San Antonio Spurs, Footprint Center, The Suns, Suns, Spurs, San, Thomson Locations: Phoenix , Arizona, USA, Phoenix, Antonio, Durant

☆ They gave up city life to buy an abandoned $10,000 house in Japan and renovate it. They say they'll never take on a project like that again.
▼ + stars: | 2023-10-30 | by ( Amanda Goh | ) www.businessinsider.com time to read: +11 min

Gilles Beaufils and his wife gave up city life in Tokyo to renovate an abandoned house in rural Japan. AdvertisementAdvertisementAfter three decades of working in Tokyo, Gilles Beaufils decided he needed a change of scenery. Gilles Beaufils/Base Camp ImariThe akiya is just over 1,800 square feet and is located right in the middle of the village. Gilles Beaufils/Base Camp ImariOnce the pandemic restrictions started to ease, travelers started coming back to Japan in troves, he said. Gilles Beaufils/Base Camp Imari"They don't show you the moist, they don't show you the termites, they don't show you these kinds of things in the photos," he added.

Persons: Gilles Beaufils, they'll, —, Frenchman, Beaufils, I've, — Beaufils, Makoto Watanabe, Imari, it's, Amanda Goh Organizations: Service Locations: Tokyo, Japan, Kyushu, Okawachiyama, Saga Prefecture, Fukuoka, Kumamoto, Nagasaki, Saga, troves, Itoshima, agoh@insider.com

☆ IMF warning on China puts 'Japanization' risk in spotlight
▼ + stars: | 2023-10-16 | by ( Leika Kihara | ) www.reuters.com time to read: +4 min

"Under the Xi administration, China probably shifted its attention away from economics," he told Reuters. "What's fast emerging is the risk of China slipping into deflation, or the 'Japanization' of its economy," Bank of Japan (BOJ) board member Asahi Noguchi said on Thursday. In its World Economic Outlook, the IMF cut China's growth forecast for this year to 5.0% from 5.2% in April, and warned that its property sector crisis could deepen with global spillovers. To be sure, there are differences between what is happening in China and the experience of Japan. "Overall, we believe that China can avoid a prolonged period of sub-par growth with the right policies," Srinivasan said, when asked about the chance of "Japanization" in China.

Persons: Aly, Hiroshi Watanabe's, Hiroshi Watanabe, Japan's, Watanabe, Xi, Asahi Noguchi, Krishna Srinivasan, Srinivasan, doesn't, Leika Kihara, Tetsushi Kajimoto, Chizu Organizations: China Evergrande Group, REUTERS, Japan, Reuters, International Monetary Fund, World Bank, Bank of Japan, Economic, Pacific Department, Thomson Locations: Danzhou, Hainan province, China, Japan, MARRAKECH, Morocco, Marrakech, Asia, Beijing, Tokyo

☆ Analysis: IMF warning on China puts 'Japanization' risk in spotlight
▼ + stars: | 2023-10-13 | by ( Leika Kihara | ) www.reuters.com time to read: +4 min

Persons: Aly, Hiroshi Wanatabe, Watanabe, Xi, Asahi Noguchi, Krishna Srinivasan, Srinivasan, doesn't, Leika Kihara, Tetsushi Kajimoto, Chizu Organizations: China Evergrande Group, REUTERS, Japan, Reuters, International Monetary Fund, World Bank, Bank of Japan, Economic, Pacific Department, Thomson Locations: Danzhou, Hainan province, China, Japan, MARRAKECH, Morocco, Marrakech, Asia, Beijing, Tokyo

☆ Paris Fashion Week: Highlights from the Spring-Summer 2024 runways
▼ + stars: | 2023-10-06 | by ( Samantha Tse | ) edition.cnn.com time to read: +15 min

Meanwhile over at Miu Miu, it was a heartfelt adieu to Fabio Zambernardi after more than four decades with the Prada Group; as in Milan, Miuccia Prada came out and took a bow with him one last time. Pamela Anderson attended fashion week shows sans makeup, as shown here at Vivienne Westwood. At Miu Miu, Sydney Sweeney, Emma Chamberlain, Zaya Wade and Mia Goth made for an eclectic, très-trendy front row; Cate Blanchett appeared at Louis Vuitton alongside Zendaya, who wore a dramatic white double-zipper dress that has gone viral. Issey Miyake continues to explore movement in its runway shows, this season with musicians imitating chirping and other sounds found in nature. Peter White/Getty ImagesOne of the most joyful moments on the Miu Miu runway was the accessory styling.

Persons: Milan —, Peter Do, Helmut Lang, Francesco Risso, Marni, Stefano Gallici, Ann Demeulemeester, “, Sarah Burton’s, Alexander McQueen, Burton, Lee McQueen’s, Magdalena Abakanowicz’s, McQueen, Sarah Burton, Ik Aldama, Alexander McQueen Naomi Campbell, Aldama, Anna Wintour, Tim Blanks, Gabriela Hearst, Chloe, Miu Miu, Fabio Zambernardi, Miuccia Prada, Paris Hilton, Angela Bassett, Fan Bingbing, Jared Leto, Sigourney Weaver, Cher, Usher, Chanel, Riley Keough, Jennie Kim, Blackpink, Pamela Anderson, Vivienne Westwood, JM Haedrich, Pamela Anderson forewent, Issa Rae, Francesco Risso’s, Mugler, Sydney Sweeney, Emma Chamberlain, Zaya Wade, Mia Goth, Cate Blanchett, Louis Vuitton, Zendaya, Jun Takahashi, Victor Virgile, Junya Watanabe, Casey Cadwallader, chiffon, corseted, Rick Owens, Zimmermann, charmeuse, Van Noten, Karl Lagerfeld’s, Victoria Beckham, Kim Kardashian, Kris Jenner, Issey Miyake, chirping, Valentino, FKA, Demna, Cathy Horyn, Guram Gvasalia, Amanda Lepore, Emmanuel Grégoire, Victor Lochon, Glenn Martens, Tweed, Virginie Viard, Bertrand Guay, Gabriela Hearst's, Ik, Hearst, Aitor Rosas Sune, WWD, Isidore Montag, Victoria Beckham Kendall Jenner, David, Romeo, Harper, Peter White, Bingbing, Daniele Oberrauch, Jonas Gustavsson, Karl Lagerfeld's, Miyake, Isabel Marant's, Filippo Fior, Isabel Marant, Jun, Valerio Mezzanotti, Ann Valerio Mezzanotti Junya Watanabe, Miu, Jane Birkin, Julien De Rosa, Gigi Hadid, Caliee Spaeny, Priscilla Organizations: France CNN, Milan, Paris, Prada Group, SAG, Givenchy, Champs Elysee, Louis, LVMH, Getty, Washington Post, Rugby Locations: Paris, France, New York, London, “ Paris, Polish, Brazil, Milan, Hollywood, Balenciaga, AFP, Brooklyn, Van

☆ Japan's re-defined intervention trigger may slow, but not derail, yen bears
▼ + stars: | 2023-10-06 | by ( Leika Kihara | ) www.reuters.com time to read: +5 min

[1/2] A man looks at an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and Nikkei share average outside a brokerage in Tokyo, Japan October 4, 2023. While money flow data suggest there was no intervention, the price action was enough to keep yen bears at bay. Rather, the remarks by Kanda were likely a fresh warning shot to markets that authorities could step in any time - even if yen moves were moderate, they say. Intervention isn't the best tool to arrest steady yen declines anyway, said former currency diplomat Hiroshi Watanabe. "There's no point intervening when yen moves are gradual," Watanabe told Reuters.

Persons: Issei Kato, Masato Kanda, that's, Kanda, Tokyo's, Atsushi Takeuchi, They're, Daisaku Ueno, Mitsubishi UFJ, Mitsubishi UFJ Morgan Stanley, Hiroshi Watanabe, Watanabe, Leika Kihara, Tetsushi, Shri Navaratnam Organizations: U.S ., Nikkei, REUTERS, Tokyo, Authorities, Bank of, U.S . Federal Reserve, Treasury, Mitsubishi, Mitsubishi UFJ Morgan, Mitsubishi UFJ Morgan Stanley Securities, Reuters, Thomson Locations: Tokyo, Japan, TOKYO, United States

☆ Japan in tears after first ever win against European team in FIBA World Cup
▼ + stars: | 2023-08-27 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +3 min

CNN —Japanese players and fans were left in tears after the country claimed its first ever victory against European opponents in the FIBA Basketball World Cup on Sunday. It was Japan’s first World Cup win in 17 years – its last came as host nation against Panama at the then-named FIBA World Championship in 2006. Japan lost all five of its group games at the postponed 2019 World Cup held in China. The 2023 FIBA World Cup is co-hosted by the Philippines, Japan and Indonesia – the first time multiple nations have hosted the event. The FIBA World Cup runs until September 10.

Persons: Yuta Watanabe, League’s Yudai Baba, Josh Hawkinson, 5’7, Yuki Kawamura, Tom Hovasse, Japan's, Hiro Komae, ” Hovasse, Stephen Curry ”, Japan's Yuta Watanabe, Kyle Anderson Organizations: CNN, FIBA Basketball, Finland, Phoenix Suns, NBA, Panama, FIBA, Keisei Tominaga, Germany, Okinawa Arena, Kyodo, Getty, Japan, Indonesia – Locations: Japan, Okinawa, US, China, Asia, Finland, Australia, Oceania, Serbia, Philippines, Indonesia

☆ Jose Llana (a.k.a. Ferdinand Marcos) Makes a Home in the Hamptons
▼ + stars: | 2023-08-01 | by ( Joanne Kaufman | ) www.nytimes.com time to read: +1 min

And here sits Jose Llana — he plays Ferdinand — in the kitchen of the Hamptons, N.Y., weekend house he shares with his husband, Erik Rose, a real estate executive. At home, the Filipino-born Mr. Llana, 47, seems a perfect lamb. There he is eight times a week, imposing martial law. He also starred in the subsequent tours of “The King and I” around the United States and Britain. “It was an incredible thing to be able to come back after all that time and say, ‘OK, what are we going to do with this lump of cash we now have?’” recalled Mr. Llana.

Persons: David Byrne, Fatboy Slim poperetta, Ferdinand, Imelda Marcos, Jose Llana —, Ferdinand —, Erik Rose, Llana, Ken Watanabe, —, ’ ” Organizations: Broadway, Hamptons, N.Y, Lincoln Locations: Siam, United States, Britain

☆ Russian, Belarusian gymnasts allowed to compete as neutrals from January, says FIG
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +2 min

July 19 (Reuters) - Russian and Belarusian gymnasts will be allowed to compete as "individual neutral athletes" at events organised by the governing body from next January, the International Gymnastics Federation (FIG) said on Wednesday. The FIG Executive Committee (EC) decided that Russian and Belarusian gymnasts may compete as long as they are not associated with their countries' gymnastics federations, their national federations and Olympic committees. "Any athlete wishing to obtain the status of 'individual neutral athlete' will have to apply to the FIG in accordance with the ad-hoc rules," FIG said in a statement. "Athletes who are granted this status will be eligible to participate in FIG sanctioned events from 1 January 2024." FIG President Morinari Watanabe added: "By accepting Russian and Belarusian gymnasts to participate in competitions as independent neutral athletes, the FIG is ensuring that the rights of all athletes are respected and is sending a message to the world that gymnastics is seeking peace."

Persons: Morinari Watanabe, Janina Nuno Rios, Pritha Sarkar Organizations: International Gymnastics Federation, FIG, Games, International Olympic Committee, IOC, Thomson Locations: Belarusian, Ukraine, Belarus, Moscow, Paris, Russia, Mexico City

☆ Panasonic needs four more EV battery plants, executive says
▼ + stars: | 2023-07-03 | by ( Miho Uranaka | ) www.reuters.com time to read: +3 min

The comments by Shoichiro Watanabe of Panasonic Energy are the Tesla (TSLA.O) supplier's first clear indication of the number of additional factories it will need. "We will need to build around another four factories," Watanabe, the company's chief technology officer, said in an interview at its headquarters in Osaka on Friday. He signalled an openness to potential joint ventures for EV battery production, with automaker Mazda Motor (7261.T) among others, citing the changing nature of such projects in which investment is no longer shouldered by battery makers alone. Panasonic will not rule out the possibility of a joint battery venture with Mazda as part of a supply partnership the companies are working out, Watanabe said. They aim to sign off on it this year, and expect to supply batteries after 2025.

Persons: Shoichiro Watanabe, Miho Uranaka, Watanabe, Elon Musk, Miho Uranka, Daniel Leussink, David Dolan Organizations: Panasonic Energy Co, REUTERS, Panasonic, Reuters, Panasonic Energy, EV, Mazda, NORTH AMERICA Panasonic, U.S, Thomson Locations: Moriguchi, Osaka prefecture, Japan, Miho Uranaka OSAKA, United States, Nevada, Kansas, Osaka, North America, Oklahoma

☆ Japan will stop yen decline beyond USD/JPY 145, most economists say: Reuters poll
▼ + stars: | 2023-06-15 | by ( Satoshi Sugiyama | ) www.reuters.com time to read: +4 min

TOKYO, June 15 (Reuters) - Japan's government and central bank will act to stop the yen's decline if it depreciates to the 145 per U.S. dollar level, more than half of economists polled by Reuters said. Fifteen of 28 economists (54%) said the government and the BOJ will take steps such as issuing a warning or intervening into the currency market once the yen weakens beyond 145 per greenback, the June 8-13 poll found. In a separate question on the weak yen's impact on BOJ policy, nine economists (31%) said the central bank's decisions could be swayed by a yen depreciation beyond 145 per dollar. In the poll, all but one - JP Morgan - out of 28 economists corroborated the view, citing an improved bond market functionality and Governor Kazuo Ueda's accommodative remarks so far. BOJ's Ueda has said an end to easy policy would depend on the economy achieving 2% inflation coupled with pay growth.

Persons: Harumi Taguchi, Morgan, Kazuo Ueda's accommodative, Hiroshi Watanabe, BOJ's Ueda, Satoshi Sugiyama, Kantaro Komiya, Veronica Khongwir, Anant Chandak, Christian Schmollinger Organizations: Reuters, Bank of Japan, P, Financial Services Agency, Sony Financial Group, Thomson Locations: TOKYO

[1/2] Ukrainian artillery fires towards the frontline during heavy fighting amid Russia's attack on Ukraine, near Bakhmut, Ukraine, April 13, 2023. Following Ukraine President Volodymyr Zelenskiy's visit to Japan during the Hiroshima G7 leaders summit last month, Kishida agreed to donate jeeps and trucks. Japan is one of dozens of friends and allies that Washington is asking to help arm Ukraine as it wrestles with stretched military supply chains. Reuters contacted 22 explosives makers listed on the Japan Explosives Industry Association's website. The only one that said it made industrial TNT was Chugoku Kayaku, an Hiroshima-based firm that supplies Japan's military.

Persons: Kai Pfaffenbach, Lloyd Austin, Washington, Fumio Kishida, Volodymyr Zelenskiy's, Kishida, Tsuneo Watanabe, Austin, Akihisa Nagashima, Tim Kelly, Nobuhiro Kubo, Yukiko Toyoda, Kaori Kaneko, Idrees Ali, David Crawshaw Organizations: REUTERS, TNT, Russian, Reuters, Panasonic, Defense, U.S, Japan's Ministry of Trade, Industry, Technology, Logistics Agency, U.S . State Department, Ukraine, TNT Washington, Japan Explosives Industry, Liberal Democratic Party, Thomson Locations: Ukraine, Bakhmut, TOKYO, United States, Japan, Washington, U.S, Tokyo, China, Taiwan, East Asia, Kyiv, Hiroshima, Sasakawa, South Korea, Chugoku, Japan's, Russia, Seoul

☆ Academics weigh in on how BOJ's Ueda can exit easy policy
▼ + stars: | 2023-05-19 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

At the meeting on Monday, Ueda - himself a Massachusetts Institute of Technology (MIT)-educated academic - said the BOJ will maintain ultra-loose policy as it would take time for inflation to sustainably hit its 2% target, the minutes showed. Keeping long-term interest rates low for too long would also expose Japan to speculative market attack, Kiyotaki said. University of Tokyo professor Tsutomu Watanabe said Japan's inflation expectations have heightened to levels close to those in the United States and Europe, the minutes showed. But Shinichi Fukuda, also an University of Tokyo academic, said achieving wage growth alone won't fix economic woes. "Japan is no longer in a state of deflation thanks to the BOJ's extraordinary monetary easing.

☆ How Do I Upgrade My Carhartt Wardrobe?
▼ + stars: | 2023-05-15 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +2 min

Carhartt is my default. It should not be news to you, but if Carhartt is your default, you are way ahead of the game. Pushing your wardrobe boundaries is an effective, easy way to start to push all sorts of boundaries. Start with Carhartt itself, which figured out it could be fashionable back in 1989, 100 years after the company itself was founded, and started Carhartt W.I.P., the design-forward arm of the business. Wear your usual Carhartt workshirt on top, but let a pop of turquoise, emerald, yellow, red or pink show through.

☆ BOJ unlikely to move in April, most economists say: Reuters poll
▼ + stars: | 2023-04-21 | by ( Kantaro Komiya | ) www.reuters.com time to read: +3 min

The BOJ will likely keep YCC unchanged at next week's meeting as it awaits more evidence of sustained wage growth, sources have told Reuters. Only three of 27 economists, or 11%, said the BOJ will start to scale-back its monetary stimulus next week, whereas 11 (41%) opted for the June meeting, the April 12-19 poll showed. He added the lowered U.S. and Japanese yields after the financial turmoil also decreased the urgency to tweak YCC, which has previously faced market attacks to break the upper limit. Compared with the March poll, fewer economists expect a sudden abolition of YCC to come without warning. Half of the 24 respondents anticipated another YCC tweak, if not an outright end, in April-June.

☆ War has killed 262 Ukrainian athletes, sports minister says
▼ + stars: | 2023-04-02 | by ( ) www.reuters.com time to read: +1 min

April 2 (Reuters) - Russia's war against Ukraine has claimed the lives of 262 Ukrainian athletes and destroyed 363 sports facilities, the country's sports minister, Vadym Huttsait, said on Saturday. "They all support this war and attend events held in support of this war," Huttsait said, according to a transcript on President Volodymyr Zelenskiy's website. The International Olympic Committee has recommended the gradual return of Russian and Belarusian athletes to international competition as neutrals. Reuters could not independently verify the number of Ukrainian athletes killed or how many facilities have been destroyed. In the wake of Russia's full-scale invasion on Ukraine in February 2022, a number of Ukrainian national-level athletes have taken up arms voluntarily to defend their country.

☆ Exclusive: Tesla taps Asian partners to address 4680 battery concerns
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +7 min

Details about Tesla's Cybertruck battery strategy, including use of 4680 cells and consideration of other options, have not been reported. The Tesla-designed 4680 cell - so named for its external dimensions (46mm diameter, 80mm length) - is crucial to future production plans. Last year, LG said it planned to open a new 4680 production line at its Ochang plant in Korea in the second half of 2023. Tesla also has been installing first-generation 4680 cells with "wet" cathodes in so-called structural packs in Texas-built Model Ys. Tesla plans to use a cathode with more than 90% nickel in the next generation of 4680 cells, two sources said.

☆ Japan's new rocket fails after engine issue, in blow to space ambitions
▼ + stars: | 2023-03-07 | by ( Tim Kelly | ) www.reuters.com time to read: +3 min

[1/4] An H3 rocket carrying a land observation satellite lifts off from the launching pad at Tanegashima Space Center on the southwestern island of Tanegashima, Kagoshima Prefecture, southwestern Japan March 7, 2023, in this photo taken by Kyodo. The 57-metre (187 ft) tall H3 rocket lifted off without a hitch from the Tanegashima space port, a live-streamed broadcast by the Japan Aerospace Exploration Agency (JAXA) showed. But upon reaching space, the rocket's second-stage engine failed to ignite, forcing mission officials to manually destroy the vehicle. "This will have a serious impact on Japan's future space policy, space business and technological competitiveness," he added. A successful launch on Tuesday would have put the Japanese rocket into space ahead of the planned launch later this year of the European Space Agency's new lower-cost Ariane 6 vehicle.

☆ Multiple F1 teams contact Honda for 2026 partnership
▼ + stars: | 2023-02-20 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Feb 20 (Reuters) - Several teams have approached Honda about a partnership when Formula One's new engine era starts in 2026 but no decision has been taken about future involvement, the Japanese manufacturer said on Monday. Honda have an agreement to build engines in Japan for world champions Red Bull and sister team AlphaTauri but that will end in 2025. "That is why we have decided to register as manufacturer of a power unit," he explained. "Last year I believe all the power unit manufacturers prioritised performance in their development, and so did we," said Kakuda. He said Honda had further optimised control and energy management and worked with suppliers to improve the precision of parts and power unit assembly.

Kazuo Ueda, a 71-year-old university professor who has kept a low profile despite strong credentials as a monetary policy expert, ticked some important boxes. While he was not even on the list of dark horse candidates floated by the media, Ueda was well known in global central bank circles. The bank's preferred choices were incumbent deputy governor Amamiya, as well as former deputies Hiroshi Nakaso and Hirohide Yamaguchi, given their deep knowledge on monetary policy. Matsuno said he hoped the BOJ works closely with the government and guides monetary policy flexibly, when asked whether Ueda's appointment could lead to a retreat from Abenomics. While he warned of the rising cost of the BOJ's yield control policy, Ueda has called for the need to keep monetary policy loose to ensure Japan stably achieves the bank's 2% inflation target.

☆ Timeline: Toyota CEO Akio Toyoda to step down after 14 years at the helm
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +3 min

Here's a chronology of key events and milestones in Toyota's history under Toyoda, the 66-year-old grandson of the company's founder. "CRISIS AFTER CRISIS"In June 2009, Toyoda became the president of the company his grandfather Kiichiro founded in 1937, replacing Katsuaki Watanabe. Akio was the first member of Toyoda family to take the helm since 1995. The safety crisis, which forced Toyoda to testify before Congress in 2010, threatened Toyota’s reputation and continued success in its most profitable market. Toyoda said on Thursday his term at the helm started with "crisis after crisis."

☆ 'Green' offices in London are over 25% more expensive. But a modern workforce now expects it
▼ + stars: | 2023-01-16 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +5 min

Employee satisfaction is a big motivator for companies to go green, particularly as the U.K. faces its tightest labor market in decades. She's looking to grow her business but her former warehouse office building is too small and inaccessible for people with disabilities, so it's "mission critical" that the team relocates. "It's not like you're stumbling over these green buildings all over the place. "In light of the planet burning this might not seem as relevant [but] your office building is a huge reflection of your business' brand. "What is really expensive is if you have a big office building that's used one or two days a week.

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