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Japan remade its supply chains after catastrophe

As global supply chains buckle under Covid-19 stress, those in Japan remain sturdy, free of inflationary pressures and fitful economic activity. Container shipping costs aren’t spiking and delivery times aren’t delayed. Industrial activity is humming along while manufacturers’ sentiment is at its highest in almost two years. Overseas orders are recovering. It’s all the product of hard lessons learned — ...

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Johnson played a blinder on the EU vaccine spat

A blustering prime minister and a rule-breaking UK government present few problems for the European Commission. It has long experience of dealing with troublemakers on the fringes of Europe. A sweetly reasonable Boris Johnson, however, is a more formidable opponent. He should try making nice more often. Commission President Ursula von der Leyen is under fire across the continent, especially ...

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Carrefour to buy Walmart’s former business in Brazil

Bloomberg Carrefour SA is buying Walmart Inc.’s former Brazil unit to cement its position as the country’s largest supermarket operator two months after being the target of a failed takeover bid. Advent International and Walmart agreed to sell Grupo BIG Brasil SA for about $1.3 billion, Carrefour said. Brazil is already the French retailer’s second-largest market, and the deal would ...

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