Japan's Sony Group Corp Company (Sony Corporation) will change its name on April 1st, giving birth to the "Sony Group Corp Group" (Sony Group Corporation).Sony Group Corp Group will manage the six major businesses of home appliances, games, semiconductors, finance, music and film, and strengthen business cooperation through the allocation of operating resources. The traditional business of home appliances is inherited by the subsidiary "Sony Group Corp". Sony Group Corp's home appliances were once popular all over the world, but the good momentum of entertainment business such as games has attracted attention in recent years. According to the consolidated financial report for the first three quarters of the 2020 fiscal year, home appliances accounted for only about 1/6 of the operating profits of the main business.

Japan's Renesas Electronics (Renesas Technology) currently estimates that the impact of the recent chip factory fire is greater than previous estimates.The number of machines affected was 17, higher than the original calculation of 11. 2/3 of the chip output in fire-hit factories is supplied to the auto industry.

Wentai Technology announced that the company has signed an agreement with Oufeiguang and its subsidiaries to buy 100% equity in Delta in Guangzhou and related equipment owned by Jiangxi Jingrun in cash, with a total transaction price of 2.42 billion yuan.. Guangzhou Delta was renamed in November last year, formerly known as Sony Group Corp Electronics South China Co., Ltd., established in 2004. In November 2016, Oufeiguang bought a 100% stake in the company for 1.58 billion yuan, making it a supplier to Apple Inc. At that time, the company had a market share of 50 per cent of Apple Inc's front cameras and 10 per cent of its rear cameras, making Oufeiguang a major supplier of Apple Inc cameras.

As Apple Inc (Apple) pushes forward its long-promised plan, making it more difficult to target ads to iPhone users, the $400 billion digital advertising industry will face a major earthquake, and advertising agencies and software developers are preparing for it.. Facebook Inc, game companies and advertising technology providers are weighing various responses, including updating payment models, new advertising technologies and sending notifications to users. In China, social media apps have tested a possible workaround to continue to track users' digital footprints.

Chinese technology giant Huawei recently took a wholly-owned stake in Shenzhen Xunlian Zhifu Network Co., Ltd., winning a third-party payment license.To become another mobile phone manufacturer with a payment license According to industry analysts, Huawei's move targets not only the payment business, but also Huawei Wallet and the entire financial services ecosystem behind it. Although Apple Inc, Huawei and other manufacturers have their own wallets in mobile phone terminals, they still have limitations. At present, Wechat and Alipay have absolute advantages in the field of third-party mobile payment.

News Corp is close to a deal to buy the consumer business unit of education publisher Houghton Mifflin HarcourtA series of high-profile novels by George Orwell, Philip Roth and J.R.R. Tolkien will be added to News Corp.'s HarperCollins Publishers division. The deal shows that News Corp is looking to expand through selective acquisitions after a period of selling non-core businesses.

Bilibili Inc. broke on the first day of listing in Hong Kong., fell 2.23% to HK $790, giving Hong Kong shares a market capitalization of HK $298.1 billion. Bilibili Inc. 's offering price is HK $808 per share.

South Korean game giant Nexon announced on Monday that it has injected a total of $874 million into companies including Hasbro of the United States and Japanese game makers Bandai Namco, Konami and Sega Sammy in 2020 as part of its plan to acquire shares in entertainment companies.. This is part of a $1.5 billion investment plan by Owen Mahoney, chief executive of Nexon, to bet that users will spend more and more time in the virtual world.

Volkswagen AG said it would seek compensation from Martin Winterkorn, the chief executive of Volkswagen, and Rupert Stadler, the former chief executive of its luxury car division Audi, for losses suffered by the diesel scandal.. The scandal has cost the German carmaker more than $35 billion in losses and fines. Volkswagen decided to claim compensation from the two former longtime executives closest to the scandal, putting an end to an internal investigation launched six years ago. At that time, the US authorities accused Volkswagen of conspiring to deceive, making false statements about products imported into the United States and obstructing the administration of justice.

Nomura Holdings (NOMURA) said on Monday that its deal with a US client could result in significant losses for US companies, estimated to be as much as $2 billion. On the same day, Credit Suisse also announced the explosion of a hedge fund based in the United States.. Credit Suisse and other banks are trying to exit these stock positions, which is likely to have a significant impact on Credit Suisse's first-quarter results. This "client" or "hedge fund" is the pioneer capital (Archegos Capital) and its founder Bill Hwang, which has been at the forefront of the recent explosion. The total value of the stock sell-off caused by the explosion of Forerunner Capital could be as much as $20 billion.

Chubb's offer to buy Hartford Financial Services Group, one of the largest US insurers, for $23 billion prompted Allianz of Germany to study the feasibility of a counteroffer. Allianz, Europe's largest insurer, is discussing options with potential advisers. Although Allianz sees Hartford as one of the still sizeable property and accident insurers in the US, it is reluctant to engage in a costly acquisition war with Anda because of the lack of synergy between the two companies. The discussion is still at an early stage and Allianz may decide not to make a deal.

AIA launched the "overall strategy of non-first-line development" to the market, and steadily accelerated the expansion and layout of the Chinese market after it was formally approved as the first wholly foreign-owned life insurance company in mainland China last year.. Based on the characteristics of the insurance market and customer base in non-first-tier cities, AIA will provide differentiated products and services to meet the actual security needs of customers in non-first-tier cities; at the same time, AIA will increase the construction of marketing channels and personnel training in non-first-tier cities.

McDonald's Corp China recently launched the industry-leading "Golden Sunshine Plan" for employee medical security, taking out millions of medical insurance for all full-time employees in the national direct market.. The Golden Sunshine Program also benefits the families of full-time employees, who can participate in insurance at their own expense at the same price and enjoy the same million-level medical insurance.

Nippon Steel (Nippon Steel) released its medium-and long-term business plan up to 2025 in early March. The core content is to increase the number of blast furnaces that have stopped production.. It is planned to improve production efficiency by centralizing production equipment, etc. If all goes well, the profitability of Japan's domestic ironmaking business is expected to be close to that of Chinese and South Korean competitors. Nippon Steel will add a blast furnace in the Kagoshima area of East Nippon Steel to the shutdown list, and with the blast furnace announced in February 2020, Nippon Steel's crude steel capacity will be reduced by 20 per cent to 40 million tons.

Boeing Co (Boeing) has resumed delivery of the 787Dreamliner, a step towards solving the production problem of wide-body airliners.United Continental Holdings (United Airlines Holdings) received a 787aircraft on Friday, and a second one is expected as early as next Monday. Boeing Co stopped delivering the popular aircraft in October last year after a series of production quality problems. These problems prompted increased regulatory scrutiny and hampered Boeing Co's ability to generate cash during the COVID-19 epidemic, which hurt demand for air travel and Boeing Co aircraft.

Johnson & Johnson's Janssen Pharmaceuticals (Janssen Pharmaceutica) has reached an agreement with the African Vaccine Purchasing Trust (AVAT) to provide up to 220 million doses of single-needle COVID-19 vaccine candidates to 55 African Union member states.Delivery is expected to begin in the third quarter. In addition, AVAT is likely to order another 180 million doses, bringing the total order to 400 million doses by 2022.

AsahiShuzo, the brewer of Japanese wine, will build a large-scale refrigerated warehouse, which will become the largest special refrigerated warehouse for Japanese wine in Japan.. The total floor area of the refrigerated warehouse is 3334 square meters. According to the conversion of 720ml wine bottles, 1.5 million bottles can be stored. Construction of the refrigerated warehouse will start in June and be completed in February 2022. Xujiu now has only small-scale refrigerated warehouses, which can only respond to changes in demand by increasing or decreasing production. Xujiu is eager to expand production in response to surging foreign demand. China-centered exports have recovered rapidly after June 2020, and recently exports have been higher than domestic sales.

Office sharing startup WeWork announced that it has agreed to complete a public offering through a merger with blank cheque company BowX Acquisition Corp, valued at $9 billionThis is well below the valuation of $47 billion when WeWork plans to go public in 2019, down 80.85 per cent. But the listing was later cancelled because investors had doubts about its business model and the management style of its founder Adam Neumann.

Wanda Business Management Group signed an agreement with the Zhuhai Municipal Government to settle the reorganized Wanda Light assets Business Management Company in Hengqin, Zhuhai, while Zhuhai SASAC invested 3 billion to invest in Wanda Light assets Business Management Company.Earlier, Dalian Wanda Commercial Management Group Co., Ltd. said it decided to withdraw Wanda Commercial A-share IPO application, and decided to reorganize the company's light-asset business operations, science and technology, data, personnel and other related resources based on the study of its own strategy. Wanda Light Asset Business Management Company does not hold property and is fully responsible for the operation and management of 368 Wanda plazas that have opened, 155 Wanda squares under construction and all Wanda plazas to be developed in the future.

Maritime service provider Inchcape said the "long Gift" stuck in the Suez Canal successfully floated at 4:30 local time on the 29th.. Rescue teams are towing the ship, which is full of containers and weighing about 220000 tons, to Dagu Lake, where it will conduct a technical inspection. Egypt's Suez Canal Authority issued a communiqu é on the 29th, saying that the stranded freighter has completely returned to normal waterway and traffic is resuming. Since last Tuesday, the bow of the ship has been stuck in the sand on the river bank. At present, at least 367 ships loaded with crude oil, livestock and other goods are waiting for navigation at both ends of the canal.

A spokesman for PPF Group, one of the largest investment and financial groups in Central and Eastern Europe, confirmed on Monday that its founder, Petr Kellner, was killed in a helicopter crash in Alaska.He was 56 years old. Kellner is the richest man in the Czech Republic, with a net worth of $15.7 billion, according to the Bloomberg Billionaires Index. He is also the actual controller of China's Jixin consumer finance.

Financial report information

China Petroleum & Chemical releases its 2020 annual results report. For the whole year, the operating income was 2.11 trillion yuan, down 28.8% from the same period last year, and the profit attributable to shareholders was 33.1 billion yuan. According to Chinese enterprise accounting standards, net profit belonging to shareholders of the parent company is 32.924 billion yuan, down 42.9% from the same period last year. The profit of the non-oil business for the whole year was 3.74 billion yuan, an increase of 15.6% over the same period last year.

Petrochina disclosed its annual report that the company's total operating income in 2020 was 1.93384 trillion yuan, down 23.2 percent from 2.52 trillion yuan in 2019, and its net profit was 19 billion yuan, down 58.4 percent from 45.677 billion yuan in 2019. Of this total, the operating income of the exploration and production sector reached 530.807 billion yuan, down 21.5% from the same period last year, while that of the oil refining and chemical sector was 774.775 billion yuan, down 22.5% from the same period last year.

USI disclosed its annual report that revenue in 2020 was 431.79 billion yuan, up 5.65% from the same period last year, while net profit was 17.43 billion yuan, down 6.32% from the same period last year.

Postal Savings Bank of China released its annual results in 2020, with operating income of 286.202 billion yuan, an increase of 3.39% over the same period last year, and a net profit of 64.199 billion yuan belonging to bank shareholders, an increase of 5.36% over the same period last year. By the end of 2020, the bank's non-performing loan ratio was 0.88%.

BYD announced that the company's total revenue in 2020 was 156.598 billion yuan, an increase of 22.59 percent over the same period last year, and the net profit belonging to shareholders of listed companies was 4.234 billion yuan, up 162.27 percent from the same period last year.

JD Health released his first financial report after going public, with revenue of 19.382 billion yuan in 2020, a significant increase of 78.8% over the same period last year. The net loss was 17.234 billion yuan. In 2020, JD Health's self-operating business income reached 16.8 billion yuan, an increase of 77.8% over the same period last year.