Business Topics

Aug 27, 2014

Kirin provides ¥20 million to support tsunami-hit fishermen

A unit of Japanese beer brewer Kirin Co. said Wednesday it has provided ¥20 million to an association of young fishermen in Miyagi Prefecture to help expand a sales network for seafood from a region devastated by a massive earthquake and tsunami in 2011. ...

Aug 26, 2014

Fujitsu purchases U.S. defense technology company

Fujitsu Ltd. has acquired GlobeRanger Corp., a Texas-based defense technology company, in the electronics maker’s foray into the U.S. defense and national security market. GlobeRanger makes a U.S. Defense Department-adopted radio frequency identification system for managing information on weapons. Fujitsu bought the company to ...

Aug 26, 2014

JR Tokai formally seeks approval to build maglev train

Central Japan Railway Co. (JR Tokai) filed a formal application Tuesday with the transport ministry for approval to build a magnetically levitated train line linking Tokyo and Nagoya. The company is expected to start construction as early as October following approval by the Land, ...

Aug 25, 2014

Cyberattack shuts down Sony's online music, game network

Sony Corp. said its Sony Entertainment Network online game and music distribution service suffered a cyberattack and was rendered unavailable globally. The number of users of the service totaled more than 150 million worldwide at the end of last September. The service was hit ...

Aug 25, 2014

Roche said to have decided against bidding for rest of Chugai

Roche Holding AG decided against bidding for the almost 40 percent of drugmaker Chugai Pharmaceutical Co. that it doesn’t already own and is instead focused on its $8.3 billion acquisition of InterMune Inc., according to a person familiar with the matter. As it worked ...

Aug 24, 2014

McDonald's confronts its junk food image

by Candice Choi

At a dinner McDonald’s hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain’s menu. A Kung Pao chicken appetizer was made with Chicken McNuggets doused in sweet and sour sauce and garnished with parsley. Slow-cooked beef ...