LIF

In a Tokyo supermarket, signs of struggle for Japanese companies

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TOKYO, Jan 20 (Reuters) – Japanese supermarket owner Hiromichi Akiba has built his bustling business on close ties to his neighborhood – the reason he says he can’t make the price hikes on his merchandise that would allow him to give his employees a pay raise. Sharp price increases linked to soaring raw material costs … Read more

Zuckerberg says WhatsApp’s business chat will drive sales sooner than the metaverse

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Nov 17 (Reuters) – Meta Platforms Inc (META.O) chief executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger will drive the company’s next wave of sales growth as he seeks to allay concerns about Meta’s finances after its first mass layoffs. . Zuckerberg, answering pointed questions at a company-wide meeting a week after … Read more