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Giappone
Renesas to buy U.S. chip-maker Intersil for $3.2 billion
Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components. Renesas is offering $22.50 per share, a 14 percent premium to Monday’s close, according to a statement to the Tokyo Stock Exchange on Tuesday. The Tokyo-based company ...
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USA Giappone
Suntory to lecture on Japanese cuisine at premier U.S. chef college
Food and beverage giant Suntory Holdings Ltd. announced plans Monday to offer lectures on Japanese cuisine at the Culinary Institute of America. Suntory aims to spread the popularity of Japanese food as part of its cultural contribution activities. The cuisine is increasingly in demand in the U.S. The prestigious U.S. ...
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Giappone
Skyliner train tops 20 million passengers amid demand for swift travel to Narita
The number of rail passengers using Keisei Electric Railway Co.’s latest Skyliner route topped 20 million on Tuesday, after just over six years of service. The train travels the 70 km from central Tokyo to Narita International Airport in Chiba Prefecture in as little as 36 minutes. Keisei held a ...
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Cina Giappone
Bus subsidies fraud shakes China’s electric vehicle industry
China’s electric vehicle industry, a flagship for Beijing’s technology ambitions, has been rocked by scandal after five companies were caught collecting millions of dollars in subsidies for buses they never made. The affair of the phantom buses has prompted questions about whether the ruling Communist Party’s financial support to an ...
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Giappone
Suzuki ‘concealed ¥300 million’ in income over two years, tax probe reveals
Suzuki Motor Corp. was found by tax authorities to have concealed around ¥300 million in income over two years through March 2015, sources close to the matter said Tuesday. The automaker failed to declare ¥1.2 billion partly due to accounting errors and has been levied around ¥450 million in back ...
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Giappone
Fintech venture takes on hedge funds with earnings estimates derived from big data
A Japanese startup is entering the equity research business in a bid to challenge the dominance of securities firms by using computers to crunch vast troves of information and predict companies’ earnings. Nowcast Inc., a financial-technology venture formed last year out of the University of Tokyo, will begin providing automated ...
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Giappone
New president at United; Dragonair adds flights; Jetsar eases ticket buying
New president at United United Continental Holdings, Inc. named Scott Kirby as the president of United Airlines on Aug. 29. In this newly created role, Kirby will assume responsibility for United’s operations, marketing, sales, alliances, network planning and revenue management. Kirby joins United from American Airlines, where he served as ...
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USA Giappone
California becomes first state to pledge overtime pay to farmworkers
California will become the first U.S. state to require farmers to pay overtime to field workers and fruit pickers under a bill signed on Monday by Democratic Gov. Jerry Brown. The bill would phase in overtime pay for farmworkers from 2019 to 2022. In an industry where a work week ...
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USA Giappone Iran
Iran welcomes Japanese reactors if ‘lucrative commercial support’ is included: Tehran nuke chief
Iran is ready to buy nuclear reactors from Japan if any proposed sales are accompanied by “lucrative commercial support,” according to the head of the Atomic Energy Organization of Iran. “Of course if we receive any suggestion or any proposal from Japan that would sound very interesting to us, we ...
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Giappone
Online betting markets pare prospects of Clinton win amid health scare but she still tops Trump
Online betting markets cut back Hillary Clinton’s prospects of winning the Nov. 8 election after a video showed the Democratic presidential candidate stumbling and having difficulty walking as she was helped into a van at a Sept. 11 memorial, raising concerns about her health. Her probability of victory fell 7 ...