Jan 26, 2016

McDonald's looks at selling stake in Japan unit

McDonald’s Corp. is studying selling a stake in its loss-making Japan unit to a “strategic investor,” as the world’s largest fast-food chain reviews its global ownership strategies. “We’re exploring the sale of a portion of our ownership in McDonald’s Japan if we identify a ...

Jan 22, 2016

Japan lifts nuclear sanctions on Iran

Japan on Friday lifted sanctions on Iran, falling in line with major world powers after the United Nations’ Atomic Energy Agency confirmed last weekend that Tehran had fully taken steps to curb its disputed nuclear program. Iran emerged from years of economic isolation when ...

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 ...

Dec 21, 2015

Nomura to buy stake in American Century Investments

Nomura Holdings Inc., the nation’s biggest brokerage, plans to pay about $1 billion for a stake of about 40 percent in U.S. money manager American Century Investments, according to a person familiar with the matter. The purchase from Canadian Imperial Bank of Commerce (CIBC) ...

Dec 9, 2015

Core machinery orders up 10.7% in October

Core private sector machinery orders expanded a seasonally adjusted 10.7 percent in October from the previous month for the second straight monthly increase, the government said Wednesday. The figure suggests a recovery in capital investment. The value of orders, widely regarded as a leading ...