Billionaire Branson targeted in $5 million scam ‘straight out of le Carre’
LONDON (Reuters) – Richard Branson, billionaire founder of the Virgin group, has revealed he was targeted by a fraudster posing as Britain’s defense minister who tried to get him to contribute $5 million to a supposed secret ransom payment.
Europe’s aviation agency advises against using Kobe Steel products
PARIS/TOKYO (Reuters) – Europe’s aviation regulator has advised aircraft manufacturers to stop using parts supplied by Kobe Steel until their safety can be verified, following product data manipulation by the Japanese company.
Dow set to open above 23,000 for the first time
(Reuters) – The Dow Jones Industrial Average was poised to open above 23,000 for the first time on Wednesday following a series of upbeat earnings reports from marquee companies.
Danone board to meet Wednesday over management issues: source
PARIS (Reuters) – Danone’s board will meet on Wednesday afternoon to discuss senior management issues, said a source close to the matter who declined to give further details, amid media reports that its chairman will stand down.
Europe aviation agency advises suspending use of Kobe Steel products
PARIS (Reuters) – Europe’s aviation regulator has advised aircraft manufacturers to suspend using parts from Kobe Steel until their legitimacy can be proved, following revelations about data cheating at the Japanese company.
Taiwan ministry expresses ‘deep concern’ about Qualcomm’s antitrust fine
TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc , in a rare public display of disagreement between authorities.
World markets steady as China congress starts and monetary policy gets back in focus
MILAN (Reuters) – World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China’s Communist Party conference opened and the focus in Europe turned to speeches from top euro zone central bankers before next week’s key policy …
Kobe Steel to hold bidding for real estate unit on Friday: Bloomberg
TOKYO (Reuters) – Japanese steelmaker Kobe Steel Ltd , embroiled in a data falsification scandal that has roiled global supply chains, will hold a first round of bidding on Friday in the planned sale of a real estate unit, Bloomberg News reported on W…
Mitsubishi Motors checking how Kobe Steel parts affected by false data
TOKYO (Reuters) – Mitsubishi Motors Corp is investigating how components from suppliers containing Kobe Steel Ltd parts have been affected by the steelmaker’s falsified data on product quality, the chief executive of the carmaker said on Wednesday.
McDonald’s South Korea office raided in burger probe: reports
SEOUL (Reuters) – South Korean investigators raided the Seoul office of McDonald’s Corp on Wednesday following a series of complaints that children fell ill after eating hamburger patties alleged to have been undercooked, Yonhap News Agency and other …
