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Uber wins government approval in Japan with pilot taxi service

Bloomberg After years of being sidelined by Japan’s laws against ride-sharing, Uber Technologies Inc. won government approval for a taxi-hailing pilot programme in Japan. Starting this summer, Uber will connect local drivers and passengers in Awaji, a remote island that’s home to 120,000 people and a dozen taxi companies, the company said in a statement. The pilot, which will last ...

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Singapore high-flyer eyes ‘protection’ for debt talks

Bloomberg Hyflux Ltd., the Singapore water treatment firm, is considering seeking a form of court protection to facilitate negotiations with creditors, people with knowledge of the matter said. The company is considering asking the Singapore courts for a 30-day moratorium preventing creditors from taking certain actions that could hurt its financial position, according to one of the people. The move ...

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Sony new CEO sets low bar with ‘mid-term goals’

Bloomberg Sony Corp., once known for pushing the boundaries of technology, is starting to look a little bit boring under Kenichiro Yoshida. The new CEO’s reputation as a stoic numbers guy was demonstrated on Tuesday when he unveiled mid-term targets for the first time as chief executive officer, predicting conservative profit growth across most divisions over the next three years ...

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