Mitsubishi Corp

Why Japan’s shunto wage negotiations are important

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Japanese national flag fluter at the Bank of Japan headquarters in Tokyo on December 19, 2023. The Bank of Japan on December 19 maintained its long-standing, ultra-loose monetary policy and offered no guidance on its plans in the new year, sending the yen down against the dollar and boosting stocks. (Photo by Kazuhiro NOGI / … Read more

Wind-powered cargo ships with sail-like ‘wings’ could reduce fuel use by 30%

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The Pyxis Ocean sailed from China to Brazil in September 2023, partially powered by large ‘wings’. Cargill A cargo ship with a difference is set to dock at the Polish port of Gdynia early next week. The Pyxis Ocean, a bulk carrier that is 229 meters long and 32 meters wide, looks like any other … Read more