Sumitomo Corporation (Public, TYO:8053) is an integrated trading company engaged in a range of business activities worldwide. The Company is engages in general trading of a range of goods and commodities and in various business activities. It acts as both principal and agent in these trading transactions. It also provides a range of services for a variety of industries, such as financing for customers and suppliers; planning, coordination and operation of urban and industrial infrastructure projects; consulting in areas, such as system integration and technology development; and transportation and logistics. In addition, it engages in other diverse business activities, including investing in a variety of industries ranging from biotechnology to communications; developing natural resources; manufacturing and processing products, such as steel products and textiles; developing and managing real estate, and operating retail stores.
David versus Goliath in fishing Peru
A little more than three years ago, the government of the People's Republic of China surprised the world by reporting that its distant water industrial vessels, which fish for squid at the edge of the...
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