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Philip Morris battles to buy a medical inhaler company

FT News Briefing

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Market Dynamics and Political Landscapes

This chapter examines Philip Morris's potential acquisition of Vectura and the company's ambivalence regarding the takeover. It also discusses SoftBank's recent profits decline and its hesitance to invest in Chinese tech, alongside a look at Japan's political climate following the Olympics, particularly focusing on Prime Minister Suga's declining approval ratings.

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