Business

How a lost street food recipe made Hiroe a millionaire

Kushikatsu Tanaka now has 146 branches across Japan and one in Hawaii. It plans to open 40 more this year.

When Hiroe Tanaka's father died, he left behind something that would change her life: a recipe for fried meat on a stick. It was an act of love. His daughter adored the Japanese street food known as kushikatsu, and he'd spent endless hours working out how to make it just right.

Ivanka fights to protect Ivanka

Ivanka Trump

Ivanka Trump is one of the most famous women on the planet. She's certainly the most famous Ivanka. Standing by her father's side as he ascended to the White House, her prominence even sparked a swell in the number of babies named Ivanka.

'Threat to intimidate': CEO quits after sending letter

Elliott said the letter "read as a threat to intimidate or extort a senior officer of Elliott Management".

US specialty metals maker Arconic has announced that chief executive Klaus Kleinfeld resigned after it found he sent a letter in "poor judgment" to Elliott Management, with whom it is embroiled in a proxy war and which used the chance to again criticise the company's board.

Surging China tries to tame credit

China accounts for a large chunk of global debt.

China's economy expanded faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years.

Questions over use of 'mother of all bombs'

US forces in Afghanistan dropped the military's largest non-nuclear bomb on an Islamic State target in Afghanistan.

US forces in Afghanistan have not yet assessed the impact of a massive strike on Islamic State militants in the eastern part of the country, a military spokesman says, raising questions about the already controversial decision to deploy a 10,000-kilogram bomb on the battlefield.