Abe to map out tax-easing this fall Prime Minister Shinzo Abe said Tuesday his government will draw up tax-easing measures in the fall as part of its economic growth strategy, and underscored that the nation cannot grow simply through austerity measures. “We will decide (on the annual reforms) for this year ... ITunes Radio service enters crowded field Apple on Monday unveiled a long-expected Internet radio service called iTunes Radio and said it will personalize listeners’ music based on what they’ve listened to and what they’ve purchased on iTunes. Apple said iTunes Radio will be available this year in the U.S. It ... BP's spill cleanup ends in three states Three years after the worst oil spill in U.S. history, BP said Monday it has wrapped up “active” cleanup operations in three states but continues to patrol a stretch of Louisiana. BP has spent $14 billion and 70 million personnel hours scouring the Gulf ... Kintetsu previews massive Osaka dining space Kintetsu Department Store Co. has unveiled a food service area with 44 stores and 2,800 seats in Abeno Harukas, the new flagship store it is building in Osaka. The department store chain said during Monday’s preview that the food area, scheduled to open Thursday, ... S&P upgrades U.S.; investors unmoved The Standard & Poor’s ratings agency said Monday it is getting more optimistic about the U.S. economy. But investors just yawned. Stocks moved higher when trading opened, shortly after the S&P agency raised its outlook for the U.S. government’s debt rating and credited “the ... Sharp sets ¥80 billion goal for new businesses Struggling consumer electronics maker Sharp Corp. plans to generate ¥80 billion in revenue in fiscal 2015 by starting new businesses in a range of areas including health care and robotics through tie-ups with other companies, a company official said Monday. The company’s consolidated sales ... Gazprom backs out of Greece gas bid Greece’s troubled privatization program suffered a blow Monday after the Russian energy giant Gazprom withdrew its interest in buying the natural gas firm DEPA, citing fears over the Greek company’s future finances. The news, announced as a delegation from Greece’s international creditors returned to ... Panasonic to double LED sales overseas Panasonic Corp. said Monday it aims to more than double its overseas sales of residential lighting equipment from around ¥3 billion in fiscal 2012 with a focus on marketing energy-saving LED devices in other Asian markets. In fiscal 2012, the majority of lighting equipment ... Shale resources add 47% to gas reserves Shale-based resources increase the world’s total potential oil reserves by 11 percent and natural gas by 47 percent, according to a U.S. report released Monday. In an initial assessment of shale oil resources and an update of shale gas reserves, the U.S. Energy Information ... |