Business Topics

Honda fetes first HondaJet deliveries in U.S.

Jan 23, 2016

Honda fetes first HondaJet deliveries in U.S.

Honda Motor Co. celebrated the first U.S. deliveries of its new HondaJet at a ceremony in Phoenix as it finally marked its long-awaited entry into the aviation market. The momentous occasion, fulfilling the dream of late founder Soichiro Honda, came 30 years after the ...

Jan 21, 2016

Suntory to sell 65% stake in Subway Japan

Suntory Holdings Ltd. will sell a 65 percent equity stake in Subway Japan Inc. to Subway International B.V., which controls the sandwich eatery chain outside the U.S., sources said Thursday. The shares would be worth several hundred million yen. In 1991, the Japanese food ...

Jan 21, 2016

FamilyMart stores to offer currency exchange

FamilyMart Co. said Wednesday it will start installing currency exchange machines in its stores in Japan from February in a bid to cater to foreign tourists. The convenience store chain will place the automated machines in four stores in Tokyo on Feb. 1 and ...

Japan Post Bank unfazed by global stocks turmoil

Jan 21, 2016

Japan Post Bank unfazed by global stocks turmoil

The worst-ever start to a year for stock markets and oil’s historic slump have not deterred Japan’s postal savings bank, which is preparing to shift more of its $1.8 trillion portfolio into equities and alternative assets. Japan Post Bank Co. will start investing in ...

Jan 20, 2016

Mitsubishi bolsters U.S. LNG ties with gas marketer purchase

Mitsubishi Corp. bolstered access to natural gas supplies for its North American export projects by taking full ownership of oil and gas marketer Cima Energy Ltd. Mitsubishi, which already held 34 percent of Cima, took control of the Houston-based company, it said Wednesday, without ...

Jan 20, 2016

British investment firm considers stake in McDonald's Japan

British investment fund Permira is expected to join bidding for shares in the Japanese unit of McDonald’s Corp., sources familiar with the matter said. Permira has invested in various companies, including sushi restaurant chain Akindo Sushiro Co. Others expected to take part in the ...