Sumitomo

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Berkshire Hathaway chairman Warren Buffett has bet heavily on Japan.

Berkshire Hathaway has bought a 5 per cent stake in each of Japan’s five biggest trading houses, together worth over $6 billion (€5 billion) , marking(...)

David McCann joined Fyffes in 1985

David McCann is retiring as chairman and chief executive of Fyffes as the end of the month, signalling a changing of the guard at the Irish fruit impo(...)

Photograph: iStock

Dublin-based aircraft lessor SMBC Aviation Capital has deferred delivery of 68 Boeing 737 Max aircraft until between 2025 and 2027, the company said a(...)

Carl McCann, chairman, Balmoral International Land.  Photograph: Frank Miller

Balmoral International Land, a property company spun out of tropical fruits group Fyffes in 2006, expects the coronavirus crisis to have an impact on (...)

Just as the coronavirus ravages the world in the absence of a vaccine, so the banana disease fusarium wilt is marching inexorably around the globe, leaving a trail of scorched plantations in its wake

In the banana plantations of the tropical lowlands of Ecuador, workers are being issued with protective clothing and disinfectant is provided for thei(...)

Buses carrying passengers from the quarantined Diamond Princess cruise ship in Yokohama, near Tokyo. Photograph: Eugene Hoshiko/AP Photo

As Japan struggles to rein in the spread of a coronavirus, some investors are starting to worry the epidemic could scupper the Olympics set to start i(...)

Fyffes total debt increased by almost €100 million to €274.4 million last year. Photograph: Simon Dawson/Bloomberg

Tropical fruits group Fyffes spent €36.6 million last year buying Canadian mushroom companies, expanding a business that it entered into in 2016. The(...)

Fyffes will not appeal a decision by the UK’s Ethical Trading Initiative at the end of March to expel it as a member following a dispute over workers’ rights at its Honduras melon farming business. File photograph: Bloomberg

Tropical fruits group Fyffes has received an almost €183 million equity injection from its Japanese owner Sumitomo to replace parental borrowings and (...)

Peter Barrett, CEO of SMBC Aviation Capital: “We have over 660 airplanes in our fleet. That’s larger than Ryanair and multiple times the size of Aer Lingus.” Photograph: Naoise Culhane

Name: Peter Barrett Company: SMBC Aviation Capital Position: Chief executive officer SMBC is the fourth-largest aircraft leasing company in the wo(...)

Peter Barrett, chief executive of SMBC Aviation Capital at their office in IFSC House Dublin.Photograph: Brenda Fitzsimons

A $1 billion (€884 million) boost from its parent has left aircraft lessor SMBC Aviation poised to cash in on demand from airlines to replace their fl(...)

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