JINS rose to prominence 25 years ago with its bargain-basement ¥4,990 eyeglasses, becoming a household name for cheap chic as falling or stagnant prices took hold. Now, the Tokyo-based lensmaker is positioning itself to take advantage of the shift toward greater pricing power by opening up stores in ritzy venues and by offering a wider price range. Bloomberg’s Reed Stevenson reports from Tokyo. (Source: Bloomberg)
Turkey’s $37 billion state-run defense contractor Aselsan Elektronik Sanayi ve Ticaret AS said international orders have doubled in the past year on the back of demand fueled by the conflicts in Ukraine and the Middle East. Aselsan CEO Ahmet Akyol spoke Tuesday with Bloomberg’s Annmarie Hordern at the NATO Summit in Ankara, Turkey. (Source: Bloomberg)
Foreign direct investment in India surged in 2025, driven largely by Alphabet Inc.’s data center project, though a decline in greenfield investments signaled a weaker investment outlook, according to the United Nations’ trade agency.
Growth in India’s obesity- and diabetes-drug market is losing steam just months after a surge triggered by the arrival of generic semaglutide products.
Traders are buying insurance against renewed weakness in the euro as climbing crude oil prices threaten last week’s rebound.
A group of Ugandan farmers will file a lawsuit in the UK High Court against the East African nation’s crude pipeline, potentially delaying exports. Bloomberg’s Jennifer Zabasajja reports. (Source: Bloomberg)
Turkey’s $37 billion state-run defense contractor Aselsan Elektronik Sanayi ve Ticaret AS said international orders have doubled in the past year on the back of demand fueled by the conflicts in Ukraine and the Middle East.
Private debt placements from the Middle East are surging as volatility due to the Iran war drives borrowers into alternative markets.
