February 2020
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58 articles published


Japan sees first business failure linked to coronavirus

Business / Corporate Feb 25, 2020

Japan sees first business failure linked to coronavirus

A hotel in Aichi Prefecture will file for bankruptcy due to a steep fall in customers amid the coronavirus outbreak, Tokyo Shoko Research Ltd. said Tuesday. It marks the first business failure in Japan linked to the COVID-19 outbreak, officials at the credit agency said. The ...

Japanese recognized as world's oldest living man dies at 112

National Feb 25, 2020

Japanese recognized as world's oldest living man dies at 112

Chitetsu Watanabe, a 112-year-old who was recognized by Guinness World Records earlier this month as the world's oldest living man, died Sunday at the nursing home where he resided, his family said. Watanabe, who was born on March 5, 1907, died Sunday night at the ...

SoftBank fund invests $100 million in compliance software firm

Business / Corporate Feb 25, 2020

SoftBank fund invests $100 million in compliance software firm

SoftBank Group Corp.'s Vision Fund 2 is investing $100 million in compliance and employee-monitoring software company Behavox, according to sources familiar with the matter. The investment, which is in the form of preferred shares, values Behavox at about $500 million, the sources said, asking not ...

Bush fires burned a fifth of Australia's forest, study finds

Asia Pacific Feb 25, 2020

Bush fires burned a fifth of Australia's forest, study finds

Australia's wildfires have destroyed more than a fifth of the country's forests, making the blazes "globally unprecedented" following a yearslong drought linked to climate change, researchers said Monday. Climate scientists are currently examining data from the disaster, which destroyed swathes of southeastern Australia, to determine ...

Japan to strengthen countermeasures against African swine fever

National Feb 25, 2020

Japan to strengthen countermeasures against African swine fever

The Cabinet approved Tuesday a reform bill to further strengthen countermeasures at its ports of entry against African swine fever. The measures against the disease spreading across Asia include increased fines for illegally bringing meat products into the country and greater authority for inspectors to ...

Intuit buys Credit Karma for $7.1 billion in cash and stock

Business Feb 25, 2020

Intuit buys Credit Karma for $7.1 billion in cash and stock

Intuit Inc., the software giant behind TurboTax, is buying personal finance website Credit Karma Inc. for about $7.1 billion in cash and stock. San Francisco-based Credit Karma has garnered more than 100 million users by offering free credit scores since it was founded in 2007. ...

Business Feb 25, 2020

Nissan warns about future of European plants as Brexit weighs

Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand. The Sunderland site in England, which ...

Shares of Juventus plunge amid fears virus will keep fans away

Soccer Feb 25, 2020

Shares of Juventus plunge amid fears virus will keep fans away

Shares of Juventus Football Club S.p.A., home to star player Cristiano Ronaldo, fell as much as 14 percent in two days amid fears the coronavirus outbreak in northern Italy could lead to some top division matches being played in empty stadiums. The Italian Football Federation ...

Organizers mark six months until start of Paralympics

Paralympics Feb 25, 2020

Organizers mark six months until start of Paralympics

Organizers of the 2020 Tokyo Paralympics on Tuesday marked six months until the opening of the games. Athletes and officials commemorated the milestone with a ceremony at Ariake Nishi Gakuen in Tokyo's Koto Ward, one of the elementary schools selected for the Tokyo Metropolitan Government's ...

Manchester City targets role reversal against Real Madrid

Soccer Feb 25, 2020

Manchester City targets role reversal against Real Madrid

Manchester City will be up against both Real Madrid and their reputation on Wednesday as the Champions League's biggest winners play one of its biggest underachievers at the Santiago Bernabeu. After City's win over Leicester on Saturday, Pep Guardiola said: "We will try to be ...