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Skymark plans to request support from ANA

Dec 10, 2014

Skymark plans to request support from ANA

Struggling Skymark Airlines Inc. said Wednesday it is considering seeking assistance from All Nippon Airways Co. after facing criticism for its pursuit of a similar business alliance with Japan Airlines Co. “It is true that we are considering calling for assistance from ANA” but ...

Dec 10, 2014

Winter bonuses up sharply for government employees

Japanese government workers in nonmanagerial posts received winter bonuses Wednesday, with the average amounting to ¥691,600, up ¥119,800 from a year before. The sharp increase reflects the enactment last month of a bill calling for increasing the salaries and bonuses of national civil servants ...

Dec 10, 2014

JAL to reduce fuel surcharges on some international flights

Japan Airlines has said it will reduce fuel surcharges on international flights for tickets issued in Japan in February and March 2015. The cuts will save fliers between ¥7,000 and ¥10,000 on the longest flights, when compared with the surcharges currently levied. The cut ...

Nuts! Korean flight delayed by first-class spat

Dec 10, 2014

Nuts! Korean flight delayed by first-class spat

Forget dust-ups over reclining seats in economy class. There is a new and exclusive twist on in-flight anger: nut rage in first class. A recent Korean Air flight was delayed when its chairman’s daughter, who was also vice president responsible for cabin service at ...

Dec 10, 2014

Apple to build research facility in Yokohama

Apple Inc. said Tuesday it will set up a research and development facility in Yokohama, expanding its operations in Japan from sales-oriented activities. “We are excited to expand our operations in Japan with a new Technical Development Center in Yokohama which will create dozens ...

Abercrombie CEO exits; buyout now seen as possible

Dec 10, 2014

Abercrombie CEO exits; buyout now seen as possible

Private-equity firms have waited for this moment: Mike Jeffries is no longer in the retailing business. The controversial chief executive of Abercrombie & Fitch Co. retired Tuesday, clearing the way for any suitors interested in the teen retailer. Jeffries, 70, was long seen as ...

Dec 10, 2014

Mitsui to buy stake in Mozambique coal, rail projects

Leading Japanese trading house Mitsui & Co will buy a stake in Mozambique coal and transport infrastructure projects, making an initial investment of $763 million, the company said Tuesday. Mitsui said it would buy 14 percent of the Moatize coal mine and 35 percent ...