BUSINESS

Jul 31
Japan's second-largest oil wholesaler Idemitsu Kosan is to buy about a 33 percent stake in 5th-ranked Showa Shell Sekiyu and merge with it. (NHK)
Jul 30
Three relatives of a 102-year-old man in Fukushima Prefecture who killed himself shortly after the March 2011 accident at Tokyo Electric Power Co.'s Fukushima No. 1 nuclear plant sued the company on Wednesday for about ¥60 million in damages. (The Japan News)
Jul 30
Toshiba Corp. announced Wednesday an additional round of punishments over its accounting scandal - pay cuts affecting 16 executives, including Chairman and President Masashi Muromachi - and the resignation of another executive effective the same day. (Japan Times)
Jul 30
As a part of a crackdown on a black market area in Nishinari Ward, police on Tuesday arrested two street vendors for the sale of illegal adult videos, reports the Sankei Shimbun. (Tokyo Reporter)
Jul 30
Advertising agency Dentsu has won the Olympic broadcasting rights for 22 countries in Asia for 2018-2024, the International Olympic Committee said on Wednesday. (Japan Today)
Jul 24
Japan's Mitsubishi Motors plans to end automobile manufacturing in the US state of Illinois to focus on production in Asian countries such as Thailand and Indonesia. (NHK)
Jul 24
Japanese news organization Nikkei Inc. on Thursday agreed to buy out the leading British newspaper Financial Times Group from the U.K. media and education services group Pearson PLC in what will be one of the largest ever acquisitions of an overseas business by a Japanese media group. (Kyodo)
Jul 24
Shipments of eel are peaking in the central Japanese town of Isshiki a day before people traditionally eat the fish. (NHK)
Jul 23
Masaru Morimoto, head of Delta Air Lines' Japanese unit, expressed the U.S. carrier's intention Tuesday to play a major role in the business rehabilitation of Skymark Airlines by supplying its customer service and other know-how to the failed Japanese airline. (The Japan News)
Jul 22
The family of a young woman who worked for the major restaurant chain Saizeriya has sued her former boss and the company amid claims she committed suicide as a result of his sexual harassment and stalking. (Japan Times)
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