Latest news with #731
TimesLIVE
26-05-2025
- Automotive
- TimesLIVE
Michelin targets more than 20% of sales from non-tyre businesses by 2030
Michelin is on track to generate 20% of its revenue outside the tyre business by 2030, an executive said on Friday, as the company diversifies away from a core business pummelled by major shifts in the global car industry. The French firm is one of the world's top tyre producers but is facing severe competition from Chinese rivals with lower production costs, and a shrinking client base in Europe. It generates about 15% to 16% of revenues from non-core activities including services and composite materials and is aiming to grow this through organic growth and acquisitions, Maude Portigliatti, director of the group's Business Polymer Composite Solutions unit, said in a press briefing. As part of the growth, Portigliatti also announced a €60m (R1,219,731,600) investment in a factory near Lyon to produce 5-HMF, a biobased molecule that can replace the use of fossil fuel-derived formaldehyde in resins and glues and other wide-ranging uses. The plant, with an annual capacity of 3,000 tons, will start in 2026 and is expected to become the largest production site for 5-HMF in the world. Analysts at Jefferies upgraded Michelin on Friday to a "buy" rating, pointing to its better earnings growth relative to peers and lower exposure to autos, which they said carry risks in 2025.
Japan Today
07-05-2025
- Entertainment
- Japan Today
China to release movie on Japanese biological warfare unit in summer
A Chinese movie featuring the Imperial Japanese Army's notorious Unit 731 is expected to be released in China this summer, according to local media reports, with the Japanese government worried about a possible negative impact from the film on bilateral ties. The production of the movie, "731," about the unit, which is thought to have undertaken covert biological and chemical warfare research in China during World War II, was announced in August 2020. It was made with the cooperation of an exhibition hall dedicated to the unit in Harbin in the northeastern province of Heilongjiang. The film is set to be released in China on July 31 this year, which marks the 80th anniversary of the end of the Sino-Japanese conflict, which Beijing calls the 1937-1945 War of Resistance against Japanese Aggression. Film director Zhao Linshan has told Chinese media that Unit 731 represents "a cruel history that terrified" people in China and abroad and that he hopes to arouse the sympathies of the audience through the movie. Zhao also said in a Chinese media interview the production is aimed at letting "the light of peace shine on the journey of human civilizations." A Japanese government source expressed concern over the film's release, saying it could "rekindle rows over history" between the two Asian neighbors and negatively affect bilateral relations. Set in China's northeastern region, the movie has an antiwar purpose and is designed to "reveal the crimes" of Unit 731 through a focus on ordinary individuals, according to media reports. The research operation of the unit is believed to have included lethal experimentation and testing on humans. Prisoners of war were secretly experimented upon to develop, among other things, plague and cholera-based biological weapons, according to historians. The Japanese government maintains the view that it has not confirmed any evidence to indicate the unit's human experiments. In August last year, Hideo Shimizu, who was a member of Unit 731, returned to its former site in Harbin for the first time in 79 years and mourned the victims of the research operation. At age 14, Shimizu moved to the puppet state of Manchuria, now northeastern China, and later became a member of the unit's Youth Corps. His visit was widely reported by Chinese media. In 1997, Japan's Supreme Court, in a ruling concerning state textbook screeners objection to a history textbook's description of the unit's actions in China, said "the view had been established within academic circles to an undeniable extent that Unit 731 had killed many Chinese people through biological experiments." © KYODO
Sinar Daily
30-04-2025
- Business
- Sinar Daily
O'Reilly takes another swipe at Malaysia, this time with income comparison
His recent remarks made on TikTok stated that Malaysia's household income per capita stands at USD5,731 (RM25,061) per year, while the US records USD42,220 (RM184,628). According to O'Reilly's recent remarks made on TikTok, Malaysia's household income per capita stands at USD5,731 (RM25,061) per year, while the US records USD42,220 (RM184,628). SHAH ALAM - American conservative commentator, Bill O'Reilly, has once again targeted Malaysia by comparing the household income per capita between the country and the United States (US), suggesting that Malaysia is eight times poorer than the United States. O'Reilly's recent remarks made on TikTok stated that Malaysia's household income per capita stands at USD5,731 (RM25,061) per year, while the US records USD42,220 (RM184,628). "That figure makes it an eightfold difference. "Malaysia is angry with me, this is a ridiculous story," he said. Previously, Prime Minister Datuk Seri Anwar Ibrahim had slammed O'Reilly's remarks in which he claimed that Southeast Asia has 'no money,' describing the statement as arrogant and ignorant. Anwar, who also serves as the Finance Minister, said the statement not only demonstrated O'Reilly's ignorance of Southeast Asia's current reality but also reflected a narrow mindset shaped by racism and colonial ideology. O'Reilly, however, admitted to his worldview, stating that he identifies as a coloniser. More Like This
