Coronavirus pandemic latest: March 17, 2022

11:00pm, Wednesday, 16'th Mar 2022 Kyodo News+
Here are the latest COVID-19 updates from Japan and beyond: Japan will end all remaining COVID-19 quasi-state of emergency curbs as scheduled next week as the number of new infections has been trending downward, Prime Minister Fumio Kishida said Wednesday. Over 40 million Chinese have come under lockdown due to a surge in coronavirus cases as the government in Beijing continues to pursue a radical zero-tolerance policy amid skepticism about its effectiveness in the face of the highly infectious Omicron variant. The estimated number of foreigners arriving in Japan in February was 99.4 percent lower compared with the same month in the pre-pandemic year of 2019 at 16,700 people, government data showed Wednesday. Major Japanese manufacturers including Hitachi Ltd. and Honda Motor Co. on Wednesday offered pay hikes following annual wage talks with labor unions as their earnings are recovering from the effects of the coronavirus pandemic. New Zealand will reopen its border to Australians in April and international travelers who do not require visas in May , Prime Minister Jacinda Ardern said Wednesday, bringing forward the move by several months as the country passes its peak of infections with the Omicron variant of the coronavirus.
The latest developments on the Russia-Ukraine war : LVIV, Ukraine — Ukrainian authorities say two people have died and seven were injured after Russian forces struck an aircraft factory, and another person was killed when a residential building was fired upon. The Antonov aircraft factory is Ukraine’s largest and is best known for producing many of the world’s largest ever cargo planes. The Kyiv city government says a large fire broke out after the strike on the factory. One person died and three were injured when the residential building was hit, authorities said. _____ LONDON — British hospitals have begun treating 21 young Ukrainian cancer patients after Polish authorities asked for help in caring for the growing number of child refugees who need urgent medical care, U.K. authorities said. The Ukrainian children arrived in Britain late Sunday and will be treated at six hospitals around the country, Health Secretary Sajid Javid said. “The vital and in many cases lifesaving cancer treatment will be provided free of charge by the health service across hospitals in England,” the Department of Health and Social Care said in a statement.

Hitachi suspends business in Russia

06:38am, Thursday, 10'th Mar 2022 Nippon.com
Hitachi Ltd. said Thursday it will suspend its business operations in Russia, following other major Japanese companies, as Moscow''s invasion of Ukraine continues. After a request from a Ukrainian deputy prime minister, Hitachi said in a statement it is pausing all manufacturing activities in Russia for the time being and suspending exports to the country. Ukraine''s Vice Prime Minister Mykhailo …

Hitachi''s Business Situation in Ukraine and Russia

06:28am, Thursday, 10'th Mar 2022 Benzinga
TOKYO, Mar 10, 2022 - (JCN Newswire) - Hitachi Group considers the safety and health of all employees and their families as its top priority. In Ukraine, the company is engaged in various activities to realize this goal and hopes that peace will return as soon as possible. In Ukraine, there are engineering hubs of GlobalLogic, a U.S. subsidiary. As part of its strategy to put top priority on the safety of employees and their families, GlobalLogic has been taking actions based on Business Continuity Plan (BCP) including evacuation to safer location in Ukraine and across borders to other countries. While there has been some interruption of services during employee transition, the company has been able to resume client projects and is working to get operations back to normal status. Due to the nature of the software engineering work, employees are … Full story available on Benzinga.com
Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp''s break-up plan to be put to a vote on March 24, the Nikkei business daily reported

Hitachi suspends operations in Russia

05:35am, Thursday, 10'th Mar 2022 Tass
Hitachi Construction Machinery already announced the suspension of heavy machinery exports to Russia, such as hydraulic excavators
Japan’s Hitachi decided on Thursday to suspend op・・・
NEW YORK , March 9, 2022 /PRNewswire/ -- The consumer electronics and home appliances market in India is expected to grow by USD 2.12 bn from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 1.30% during the forecast period. The year-over-year growth rate of the market in 2021 was 1.09%. Find additional highlights related to the consumer electronics and home appliances market in India . Download Free Sample Report Consumer Electronics and Home Appliances Market in India : Driver The increasing demand for premium appliances will fuel the growth of the consumer electronics and home appliances market in India during the forecast period. The growing importance of consumer electronics and home appliances is resulting in the demand for unique and premium consumer electronics. Premium appliances are equipped with smart features that match the societal status of upper-class households. The increasing number of high-net-worth individuals (HNWIs) is driving the demand for luxury consumer electronics and home appliances in developing economies and fueling the market growth.
Pune, March 08, 2022 (GLOBE NEWSWIRE) -- " Final Report will add the analysis of the impact of COVID-19 on this industry. " Global " Power Tool Accessories Market " is a comprehensive research that provides information regarding Power Tool Accessories market size, trends, growth, cost structure, capacity, revenue, and forecast for 2027. This report also includes the overall study of the Power Tool Accessories Market share with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Power Tool Accessories industry and provides data for making strategies to increase Power Tool Accessories market growth and effectiveness. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Power Tool Accessories market. Request for a Sample PDF of Report at https://www.industryresearch.biz/enquiry/request-sample/18673525 About Power Tool Accessories Market: Power tool accessories are products used in power tools.

WAJAX ANNOUNCES 2021 FOURTH QUARTER AND ANNUAL RESULTS

12:25am, Tuesday, 08'th Mar 2022 Benzinga
TSX Symbol: WJX TORONTO , March 7, 2022 /CNW/ - Wajax Corporation (" Wajax " or the " Corporation ") today announced its 2021 fourth quarter and annual results. (Dollars in millions, except per share data) Three Months Ended December 31 Year Ended December 31 2021 2020 2021 2020 CONSOLIDATED RESULTS Revenue $402.8 $381.0 $1,637.3 $1,422.6 Equipment sales $119.8 $145.0 $484.2 $471.4 Product support $102.8 $101.9 $437.6 $411.8 Industrial parts $108.7 $85.5 $438.1 $342.6 Engineered repair services $61.9 $40.5 $241.7 $164.2 Equipment rental $9.6 $8.1 $35.5 $32.6 Net earnings $8.0 $10.7 $53.2 $31.7 Basic earnings per share (1) $0.37 $0.53 $2.50 $1.58 Adjusted net earnings (2)(3) $7.0 $9.6 $51.5 $35.1 Adjusted basic earnings per share (1)(2)(3) $0.33 $0.48 $2.41 $1.75 In commenting on the Corporation''s results, Iggy Domagalski , President and Chief Executive Officer, stated "In 2021, Wajax delivered record revenue of $1.6 billion , representing a 15% increase over the prior year." He continued, "Despite the unpredictable COVID-19 pandemic and related supply chain issues, we generated cash flows from operating activities of $190 million during the year, and we saw our leverage ratio drop to 1.29 times at December 31, 2021 , its lowest level in a decade.
Summary: [160+ Pages Report] According to the latest market research study published by Vantage Market Research, the demand analysis of Global Automated Breast Ultrasound System (ABUS) Market size & share revenue is expected to reach around USD 1807.3 Mn by 2028, at a CAGR of 15.9% between 2022 and 2028. The key market players are listed in the report with their revenues, sales, and strategies are GE Healthcare, Siemens AG, Koninklijke Philips N.V., Hitachi Ltd., Sono Cine Inc. WASHINGTON, March 01, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research''s recent analysis of the global Automated Breast Ultrasound System (ABUS) Market finds that the increasing prevalence of breast cancer is expediting market growth. Primarily driven by increasing obesity rate, the total global Automated Breast Ultrasound System (ABUS) market is estimated to reach USD 1807.3 Million by 2028. The market stood at a revenue of USD 705.5 Million in the year 2021, and is expected to exhibit a Compound Annual Growth Rate (CAGR) of 15.9%.
Deere's (DE) new license and supply agreements with Hitachi will enable it to offer a full range of excavators in the Americas.
NEW YORK , Feb. 28, 2022 /PRNewswire/ -- The latest automotive brake-by-wire systems market report by Technavio infers that the greater effectiveness and efficiency of brake-by-wire systems are driving this market''s growth, resulting in market growth of USD 8.04 billion from 2021 to 2026. Read additional information about the market, Get FREE sample report . Market Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive brake-by-wire systems market report covers the following areas: Automotive Brake-by-wire Systems Market size Automotive Brake-by-wire Systems Market trends Automotive Brake-by-wire Systems Market industry analysis Vendor Landscape The market structure is expected to remain fragmented during the forecast period. Vendors are deploying different organic and inorganic growth strategies to compete in the market. Aisin Corp., Akebono Brake Industry Co. Ltd., Autoliv Inc., Brembo Spa, Continental AG, Haldex AB, Hitachi Ltd., Hyundai Mobis Co.

Four arrested for duping company of ₹60 lakh scrap

11:09pm, Friday, 25'th Feb 2022 The Times of India
The detection of crime branch (DCB) arrested four persons for allegedly cheating the Hitachi company of Rs 60 lakh. The accused were booked after the security agency hired by Hitachi filed a complaint of cheating.

Hitachi, Ashok Leyland, IIT Madras working on 20-sec E-bus battery charge

01:35pm, Wednesday, 23'rd Feb 2022 Business Standard
Industry sources say players like NTPC, Olectra, JBM Auto and Green Cell Mobility too are keen on this technology. If it works, it will give a huge push to the planned EV expansion in urban India
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