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A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed Japan Investment Corp will take over JSR , which makes light-sensitive chemicals vital to manufacturing semiconductors, among other things. It will help Tokyo bolster its technology supply chains as the country looks to capitalise on jitters around Taiwan, home to many major chipmakers and suppliers. ....
The European Commission has approved 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication technology projects as part of the European Union's drive to be at the cutting edge of technological innovation. ....
The days of carefree plastic use may soon be over. Even though the world is suffocating in polluting waste, sales of fresh polymers are projected to rise 40% to $529 billion by 2031. This may change if supporters of taxes and other restrictive measures prevail at ongoing talks for a global treaty to end plastic pollution by 2040. Drastic action would shrink a promising market for Big Oil and cut packaging firms’ margins. ....
London Stock Exchange Group said on Thursday its group Chief Financial Officer Anna Manz would relinquish her role next year to take a similar position outside the financial industry. ....