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Tokyo Metro’s Record-Breaking IPO Reshapes Japanese Transportation Landscape
Tokyo Metro, the cornerstone of Japan’s capital city transportation, has made history with its groundbreaking initial public offering (IPO). The company raised ¥348.6 billion (R$12.9 billion / $2.3 billion) by pricing shares at ¥1,200 each. This price, at the top of the proposed range, showcases strong investor confidence in the subway operator’s future. The IPO, […]
Effort to revive Mississippi ballot initiative process is squelched in state Senate
JACKSON, Miss. (AP) — Mississippi legislators are unlikely to restore a ballot initiative process this year after a Senate chairman killed a proposal Monday. The move came days after the Senate voted 26-21 to pass a bill that would have allowed Mississippi residents to put some policy proposals on statewide ballots. But the bill needed […]
Brazil Aims for Aerospace Self-Sufficiency with Alada Initiative
President Luiz Inácio Lula da Silva of Brazil has signed a bill to establish the country’s first national aerospace company. The new state-owned enterprise, Alada, aims to boost Brazil’s self-sufficiency in the aerospace sector. This move marks a significant step towards developing a robust domestic industry in this high-tech field. Alada will operate as a […]