japan

The Coca-Cola Co Launching the First Alcoholic Drink

The Coca-Cola Co Launching the First Alcoholic Drink

The Coca-Cola Co (NYSE: KO) announced that it is launching the first alcoholic drink in its history with a canned liquor product in Japan. The country is one of the company's most competitive and fast changing markets. It says it launches about ..

Softbank Backs Uber's Plan to go Public in 2019

Softbank Backs Uber's Plan to go Public in 2019

Uber Technologies Inc. has had a shaky past year, but CEO Dara Khosrowshahi made it a mission to turnaround the company through internal restructuring and potentially an initial public offering (IPO).CEO of Softbank Vision Fund, Rajeev Misra told CN..

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

The SoftBank Group is planning to register its business of mobile phones by raising approximately $18 billion, a spin-off which would complete the transformation of the telecoms conglomerate in Japan and make it an international technology investor...

Sony Reported Strong Q1 Earnings

Sony Reported Strong Q1 Earnings

This week, Sony Corp (NYSE: SNE), the Japanese electronics and entertainment giant, reported its financial results for the first quarter ended June 30, 2017.According to the company, operating profits for the first quarter increased to $1.43 billion..

Nestle Building New Kit Kat Factory Plant in Japan

Nestle Building New Kit Kat Factory Plant in Japan

For more than 4 decades, Kit Kats has been developing a variety of wafer and chocolate snack flavors that have made the nation travel all the way to Japan as a tourist spot to enjoy these treats. As a result, Nestle SA (OTC: NSRGY) has decided to bu..

Toshiba Misses Deadline to Sell Chip

Toshiba Misses Deadline to Sell Chip

Toshiba’s sale of its memory chip unit for $18 billion has been pushed back due to disagreement of opinions within the consortium chosen as the preferred bidder. Western Digital was sued for interfering in the sale one day after the bid was re..

Takata Files for Bankruptcy

Takata Files for Bankruptcy

Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..