Business Topics

Dec 8, 2016

Terumo to buy catheter-related business of two U.S. firms

Terumo Corp. has agreed to buy part of the catheter-related operations of two U.S. medical equipment companies for $1.12 billion. The acquisition will be completed after a merger of the two U.S. companies, Abbott Laboratories and St. Jude Medical Inc., Terumo said Wednesday. After ...

Starbucks to add 12,000 new outlets worldwide

Dec 8, 2016

Starbucks to add 12,000 new outlets worldwide

Starbucks plans to open 12,000 new locations within five years, boosting the total number of its coffee shops worldwide by almost 50 percent. The Seattle brewer outlined its growth plans before investors in New York on Wednesday, about a week after it announced that ...

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Dec 7, 2016

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win. The investment revived speculation that U.S. telecoms giant ...

Idemitsu Kosan, Showa Shell mull tie-up prior to merger

Dec 7, 2016

Idemitsu Kosan, Showa Shell mull tie-up prior to merger

Oil distributors Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. are in talks for a capital and business tie-up ahead of their planned merger, sources close to the matter said Wednesday. They are considering taking an estimated 20 percent stake in each other and ...

SoftBank's Son said to plan meeting with Trump in New York

Dec 6, 2016

SoftBank's Son said to plan meeting with Trump in New York

SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was to meet with President-elect Donald Trump in New York on Tuesday, a person with direct knowledge of the matter said. Son has no specific agenda for the meeting but wants to meet Trump ...