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Seibu vows to attract more tourists to Japan

Sep 22, 2014

Seibu vows to attract more tourists to Japan

Seibu Holdings Inc. will step up efforts to attract more tourists to Japan, Takashi Goto, president and chief executive officer of the rail and hotel conglomerate, said in a recent interview. The Tokyo-based group “wants to attract more and more foreign visitors to areas ...

Study: Apple's new iPhones score big in durability

Sep 22, 2014

Study: Apple's new iPhones score big in durability

Apple’s new and bigger iPhone 6 and iPhone 6 Plus are more durable than last year’s model and a leading Android phone, a study says. Apple’s iPhone 6, whose screen measures 4.7 inches (11.9 cm), did the best across a variety of tests that ...

Nissan says it has no plan to reduce battery production at U.S. plant

Sep 21, 2014

Nissan says it has no plan to reduce battery production at U.S. plant

Nissan is dismissing speculation that it intends to scale back electric car battery production at its plant in Tennessee. Nissan’s ambitious electric vehicle program has been a signature initiative of Carlos Ghosn, the chief executive at both Renault and Nissan. “The Renault-Nissan alliance remains ...

Four banks short-listed to buy Citibank Japan's retail business

Sep 20, 2014

Four banks short-listed to buy Citibank Japan's retail business

Citibank Japan has narrowed down candidates to buy its retail banking business to four Japanese banks, including Sumitomo Mitsui Banking Corp., Sumitomo Mitsui Trust Bank and Shinsei Bank, it was learned Saturday. The four candidates survived the first round of auction conducted by the ...

Sep 20, 2014

Folksy beer maker Pabst Brewing to be sold to Russian company

The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum. Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Partners will take a minority stake ...