Sanrio has come under fire in China for its collaboration with the Japanese drama VIVANT, which many viewers found offensive. The show's depiction of a fictional Chinese intelligence agency apprehending Japanese spies has ignited fierce online backlash. In response to the criticism from the public and state media, Sanrio's Chinese branch announced it would end the partnership, highlighting the hurdles international companies endure due to ongoing Sino-Japanese tensions.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/aHwsyXM
Investor risk-appetite improves, external challenges remain
Jio Platforms successfully listed its shares at a premium price of Rs 1,358 on debut day. The stock surged to Rs 1,419, resulting in a market capitalisation of Rs 13.1 lakh crore. The listing also elevated the RIL group to the top of India's most valued business houses. Jio’s IPO was oversubscribed more than 22 times, indicating strong investor interest.
