ishii-sports: Through the acquisition, Yodobashi Holdings, based in Tokyo, hopes to obtain ICI Ishii-Sports' business expertise and customer base at a time when the popularity of mountaineering and camping is growing among women and young people, according to The Japan Times. Tokyo-based ICI Ishii-Sports, established in 1964, has a strong position in sales of mountain climbing gear. The operator of Yodobashi Camera stores will buy all outstanding shares in ICI Ishii-Sports including those held by investment fund Advantage Partners, which is a significant shareholder in the target company. ; The value of the deal was not disclosed. We highly rate the high-quality expertise of ICI Ishii-Sports, Yodobashi Holdings said, adding that the move will allow the company to maintain its independence in store management and will guarantee the employment of its workers. The three said in a statement they are collab... Cash-strapped Cuba curbs newspaper length due to paper shortage The Cuban government says a newsprint shortage is forcing at least six state-run newspapers to cut back on pages and circulation days in a potent sign of the cash shortage confronting the island. ... Almost half of young Russians want to emigrate as economy stagnates Gallup poll Forty-four percent of Russians aged 15-29 want to emigrate as their economy stagnates, according to a survey by the pollster Gallup. Twitter Facebook Linked In LATEST BUSINESS STORIESToyota, GM and Ford join forces on self-driving safety rules Toyota Motor Corp., General Motors Co. and Ford Motor Co. have decided to join forces to develop standards for the development of self-driving cars.
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