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Category: BUSINESS

Posted on 07/05/2021

Philip Morris To Phase Out Cigarettes In Japan Within Decade

The head of tobacco giant Philip Morris said the company will phase out conventional cigarettes in Japan within 10 years, in an interview with the Nikkei business daily published Friday. The Marlboro ... ( read original story ...)

Posted on 07/05/2021

Japan extends COVID-19 emergency for its largest cities through this month

Japan’s prime minister on Friday extended a state of emergency in the nation’s two largest metropolitan areas struggling to contain a fourth wave of the coronavirus. Also Friday, U.S. military bases ... ( read original story ...)

Posted on 07/05/2021

Japan Extends Virus Emergency As India Posts Record Infections

Japan was set to extend a virus state of emergency on Friday, just months ahead of the Olympics because of growing cases, as India logged yet another record number of infections. While many western ... ( read original story ...)

Posted on 07/05/2021

JAL to acquire Spring Airlines Japan as subsidiary

Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential. ( read original story ...)

Posted on 07/05/2021

Japan set to extend coronavirus emergency in Tokyo through May

Japan is set to expand and extend a state of emergency in Tokyo and other areas through May 31 as coronavirus continues spreading and uncertainty grows about safely holding the Olympics 11 weeks away ... ( read original story ...)

Posted on 07/05/2021

Sumitomo forecasts no profit from Myanmar telecom business in 2021/22

Japanese trading house Sumitomo Corp is assuming under its earnings forecast for the year to March 2022 that no profits will be made from its ... ( read original story ...)

Posted on 07/05/2021

Unused COVID shots piling up in Japan amid slow rollout

Unused COVID-19 vaccines in Japan are set to reach tens of millions of doses, as the country is poised to approve two more shots in coming weeks and the pace of its inoculation campaign remains slow ... ( read original story ...)

Posted on 07/05/2021

Japanese beverage giant buys Kiwi coffee business Allpress

Kiwi coffee business Allpress Espresso is said to have sold for upwards of $50 million. The mainly wholesale business, which also operates cafes and roasteries in five markets, has been sold to ... ( read original story ...)

Posted on 07/05/2021

Portfolio manager picks three Japanese stocks, one could be a ‘dominant force’ in the EV space

Hennessy Japan Fund’s Portfolio Manager Masa Takeda lays out his top three stock picks in Japan. Cramer says own more than just ‘inflation winners’ because price pressures may be temporary © 2021 CNBC ... ( read original story ...)

Posted on 07/05/2021

Japan’s service sector shrinks at slowest pace since health crisis started – PMI

Japan's services sector activity contracted in April as coronavirus emergency measures hit businesses, though the pace of decline eased to its slowest since around the time the health crisis started ... ( read original story ...)

Posted on 07/05/2021

Tennis star Naomi Osaka becomes youngest investor in Sweetgreen

Tennis star Naomi Osaka has become an investor in restaurant chain Sweetgreen and will have a custom dish named after her as part of the partnership. The Culver City, California-based company known ... ( read original story ...)

Posted on 07/05/2021

En garde! Fencer Taxi begins service in Tokyo, Saitama and Kanagawa

Even before the pandemic had kneecapped much of their business, Japanese taxi companies have long embraced novel theme cabs as a way to drum up extra business. From sleeping beauty taxis to instant ... ( read original story ...)

Posted on 07/05/2021

Canada’s Tokyo hopefuls hit with credit card fraud on top of pandemic challenges

The Canadian swimmer is among athletes trying to prepare for the Tokyo Olympics amid the COVID-19 pandemic while also dealing with credit card fraud. A number of Canadian athletes have discovered fake ... ( read original story ...)

Posted on 07/05/2021

Tokyo 2020: Pfzier and BioNTech to donate vaccines for Olympic athletes

Vaccine developers Pfizer and BioNTech will donate doses to inoculate athletes and officials preparing for the Tokyo Olympics, says IOC ... ( read original story ...)

Posted on 07/05/2021

Tokyo store that only sells black shirts sheds light on why it’s opening mid-pandemic

We chat with the minds behind this specialty store about its unusually uniform niche and learn to appreciate the plain. ( read original story ...)

Posted on 07/05/2021

How a samurai’s quest for revenge created one of Tokyo’s best cafes, and it’s still open

Like a lot of Shinto shrines in Japan, Tokyo’s Kanda Shrine (also known as Kanda Myojin) has a street leading to its entrance lined with shops and restaurants waiting to serve pious pilgrims and ... ( read original story ...)

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