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Business news, grouped by event. Each story links to its original reporting and update history.
Skylark Holdings plans to open its first ghost kitchen in central Tokyo. The move aims to capture demand from high-rise apartment residents. The strategy is in response to the upcoming consumption tax cut on food products.
Major Japanese piano makers are restructuring their businesses following a sharp decline in Chinese demand. The decline is attributed to the 2021 scrapping of an education policy that favored artistic skills. Companies like Yamaha and Kawai are shifting focus to other markets and new customer segments.
Meta has struck a deal with startup Fortera to build a commercial low-carbon cement plant in Ste. Genevieve, Missouri. Meta will purchase environmental attribute certificates representing 200,000 tons of cement to help finance the project. The facility aims to capture CO2 from industrial processes and inject it into cement, targeting a 2028 launch.
