Topics

Asahi makes offer for Peroni, Grolsch beers from AB InBev

Budweiser brewer AB InBev has received a binding offer of €2.55 billion ($2.85 billion) from Asahi Group Holdings for the European beer brands Grolsch, Peroni and Meantime — a sale that is meant to address regulatory concerns about AB InBev’s mega-merger with SABMiller. The offer, if accepted following an employee ...

Feb 11, 2016

Dollar tumbles below ¥111 in London

The dollar accelerated its downswing to briefly slip below ¥111 for the first time in about 15 months in London trading Thursday morning. The greenback fell to as low as ¥110.99 at one point, according to market sources. At 9 a.m., the dollar stood ...

Feb 11, 2016

Government debt fell to ¥1,044 trillion at end of 2015

Government debt totaled ¥1,044 trillion at the end of 2015, a decline of ¥9.83 trillion in the final three months of the year, the Finance Ministry said. The decrease came as the government cut back its issuance of financing bills that are designed to ...

INCJ sticks by rescue plan for Sharp as Foxconn talks continue

Feb 11, 2016

INCJ sticks by rescue plan for Sharp as Foxconn talks continue

Japan’s Innovation Network Corp. is confident Sharp Corp. will see its rescue plan as superior to a competing bid even as the struggling electronics maker enters talks with Taiwan’s Foxconn Technology Group. “We are not giving up,” INCJ Chief Executive Officer Toshiyuki Shiga said ...

Feb 11, 2016

Adblock Plus, scourge of websites, seeks middle ground with industry

For its users, Adblock Plus stands as a bulwark against intrusive advertising. But websites dependent on advertising revenue to remain free of charge see the open source software as a scourge. Now the German firm behind Adblock Plus is taking a more conciliatory tack, ...

Feb 11, 2016

Suzuki settles dispute with Volkswagen

Suzuki Motor Corp. said it has reached a settlement with Germany’s Volkswagen AG following the dissolution of their capital and business tie-up. Suzuki said Wednesday it will pay “a certain amount of money” to Volkswagen, while the German company will withdraw its damages claim ...

Critics decry radioactive leak at New York nuclear plant

Feb 11, 2016

Critics decry radioactive leak at New York nuclear plant

A leak of radioactive material into the groundwater below a nuclear power station in New York City’s suburbs highlights a chronic problem with the nation’s atomic plants, some watchdogs said. New testing has shown that the amount of tritium in the groundwater below the ...

Paul McCartney pens pithy sounds to accompany emoji

Feb 11, 2016

Paul McCartney pens pithy sounds to accompany emoji

The Beatles were masters of concise yet catchy songs, and now Paul McCartney is writing tunes that are even more succinct — to accompany emoji. The former Beatle announced Wednesday that he has written a series of sounds to go with emoji on video ...

Test flights resume for Mitsubishi Aircraft's MRJ

Feb 10, 2016

Test flights resume for Mitsubishi Aircraft's MRJ

Mitsubishi Aircraft Corp. on Wednesday resumed test flights for the Mitsubishi Regional Jet, the first Japanese-developed small passenger jet, after a halt of 2½ months. The MRJ took off from Nagoya Airport in the town of Toyoyama, Aichi Prefecture, at around 9:40 a.m. and ...