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09.09.2024 20:13
Honda scales back factory workforce at 2nd China joint venture - Nikkei Asia GUANGZHOU -- Honda Motor will reduce staffing at its Chinese joint venture with Dongfeng Motor Group, Nikkei learned Monday, the Japanese automaker's second joint venture in China to undergo job cuts as the country's consumers shift away from gas engine cars.Dongfeng Honda Automobile in late August began seeking volunteers for early retirement. The recruitment drive ended this month.

09.09.2024 20:31
Fortress to buy Japanese Hawaii-themed resort - Nikkei Asia TOKYO -- U.S. firm Fortress Investment Group will acquire the operator of Spa Resort Hawaiians in Fukushima prefecture, aiming to boost foreign visitors to the hot spring facility and expand its own business portfolio.Joban Kosan, which operates the Iwaki city resort in northeastern Japan, announced the tender offer on Monday. The Hawaii-themed spa is home to hot springs, pools, hotels and more, and is famous for its hula dance shows. The 2006 Japanese movie "Hula Girls" was set there.

09.09.2024 20:32
Switzerland has been made ugly by its construction boom Switzerland's population growth has come with a dramatic shift in urban architecture. What these new construction projects gain in height, they lose in originality, resulting in buildings that are seen as ugly or even disastrous.

09.09.2024 20:54
Japan's Mitsubishi Chemical weighs sale of pharmaceutical unit - Nikkei Asia TOKYO -- Japan's Mitsubishi Chemical Group has taken steps toward selling subsidiary Mitsubishi Tanabe Pharma, rethinking its position in the R&D-intensive pharmaceutical sector to free up funds for its slumping chemical business.The chemical maker has reportedly retained a mergers and acquisitions advisory firm and approached foreign funds about a sale. Negotiations are believed to be in the initial stages.