japan
Japan’s Abe to delay sales tax hike until 2019: government source
May 29, 2016 by publisher · Leave a Comment
By Takaya Yamaguchi TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax by two and a half years, a government official said on Sunday, as the economy sputters and Abe prepares for a national election. Abe told Finance Minister Taro Aso and the secretary general of his ruling Liberal Democratic Party, Sadakazu Tanigaki, on Saturday …
Here is the original:
Japan’s Abe to delay sales tax hike until 2019: government source
japan
Verizon and unions reach tentative deal to end strike
May 28, 2016 by elegant · Leave a Comment
Verizon Communications Inc and unions representing nearly 40,000 wireline workers have reached a tentative deal “in principle” to end a strike that started April 13th, U.S. Secretary of Labor Thomas Perez said on Friday. Shares in Verizon, the No. 1 U.S. wireless company, jumped as much as 1.2 percent after the announcement and in afternoon trading were up almost 1 …
Go here to read the rest:
Verizon and unions reach tentative deal to end strike
japan
Sumner Redstone suggests he could oust Viacom board, CEO
May 28, 2016 by elegant · Leave a Comment
A judge set an early June hearing on the possible removal of CEO Philippe Dauman from the trust that will control the media company when Redstone dies or is deemed incapacitated. In a statement issued through a spokesman, Redstone, who turned 93 on Friday, said he would act in “the best interests of shareholders,” when weighing whether or not to oust Dauman…
Read the original post:
Sumner Redstone suggests he could oust Viacom board, CEO
japan
Automakers recall 12 million U.S. vehicles over Takata air bags
May 28, 2016 by publisher · Leave a Comment
Eight automakers said on Friday they are recalling more than 12 million U.S. vehicles for defective Takata air bag inflators, widening the largest-ever auto safety effort to more passenger-side devices. Honda Motor Co is recalling 4.5 million U.S. vehicles while Fiat Chrysler Automobiles NV is recalling 4.3 million, according
Original post:
Automakers recall 12 million U.S. vehicles over Takata air bags
japan
Mitsubishi Motors brings in new R&D chief, restates results after scandal
May 25, 2016 by creative · Leave a Comment
Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one…
Read more from the original source:
Mitsubishi Motors brings in new R&D chief, restates results after scandal
japan
Mitsubishi Motors brings in new R&D chief, restates results after scandal
May 25, 2016 by elegant · Leave a Comment
Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one-third stake in Mitsubishi, which is reeling from its third scandal in two decades. Mitsubishi has seen over $3 billion wiped off its market value after admitting last month it overstated the …
Read the original post:
Mitsubishi Motors brings in new R&D chief, restates results after scandal
japan
EU regulators clear $100 billion-plus AB InBev, SABMiller deal
May 25, 2016 by admin · Leave a Comment
The world's largest brewer Anheuser-Busch InBev gained EU antitrust approval on Tuesday for its $100 billion-plus acquisition of SABMiller on condition it sell almost the whole of SABMiller's beer business in Europe. Reuters was the first to report that AB InBev's concessions to sell substantial assets would secure the EU green light for one of the largest corporate…
Read the rest here:
EU regulators clear $100 billion-plus AB InBev, SABMiller deal
japan
Exclusive: Sanofi to unveil challenge to Medivation’s board – sources
May 25, 2016 by admin · Leave a Comment
France's Sanofi SA is preparing to name candidates it will put forward to replace the entire board of U.S. cancer drug company Medivation Inc as early as Wednesday, according to people familiar with the matter. Sanofi has threatened to oust the board after Medivation rejected its unsolicited $9.3 billion acquisition offer late last month, taking advantage of a so-called 'written consent' rule that gives Medivation shareholders the…
Read more from the original source:
Exclusive: Sanofi to unveil challenge to Medivation’s board – sources
japan
Asian shares gain, dollar firm as US data soothes rate fears
May 25, 2016 by publisher · Leave a Comment
By Hideyuki Sano and Nichola Saminather TOKYO/SINGAPORE (Reuters) – Asian shares jumped on Wednesday while the dollar firmed as upbeat U.S. home sales supported the view that the economy may be strong enough for the Federal Reserve to raise interest rates…
Continued here:
Asian shares gain, dollar firm as US data soothes rate fears
japan
Dean Foods’ Davis said he threw phone in creek to hinder FBI
May 22, 2016 by publisher · Leave a Comment
By Nate Raymond NEW YORK (Reuters) – Dean Foods Co's former chairman Thomas Davis said he threw his cellphone into a Dallas creek to hide his role in an insider-trading scheme after FBI …
Read the original:
Dean Foods’ Davis said he threw phone in creek to hinder FBI