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Rising costs threaten Japan's book distribution system

TOKYO -- Japan's publishing distributors are under severe strain due to rising labor and fuel costs, as well as new trucking industry reform legislati

  • Rising labor and fuel costs threaten Japan's book distribution system.
  • New trucking legislation could double delivery costs by 2025.
  • Major distributors Tohan and Nippan Group Holdings report losses in distribution.

Huertas prepares Mapfre's new strategic plan, with a focus on Safety

The insurer will pay $200 million to BlackRock and $150 million to Vanguard for the purchase of Safety, of which they are major shareholders.

  • Antonio Huertas preparing Mapfre's strategic plan with focus on Safety
  • U.S. acquisition of Safety Insurance for 1.352 million euros
  • Strategic plan runs from January 1, 2029, to December 31, 2029

UBS requires new junior bankers to master AI

UBS is requiring junior investment banking applicants to demonstrate mastery of AI as a hiring requirement, showing how this technology is transforming the recruitment of recent graduates at some of the biggest European banks.

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