Sands CEO says to spend ‘whatever it takes’ for Japan casino
TOKYO (Reuters) – Las Vegas Sands Corp Chief Executive Sheldon Adelson said on Monday his company was willing to spend “whatever it takes” to set up a casino project in Japan, one of the largest untapped gaming markets in the world.
Hyundai Motor reinstates former R&D president
SEOUL (Reuters) – Hyundai Motor Co said on Monday that the South Korean automaker reinstated former research and development president, Kwon Moon-sik, just three months after he had quit over a string of quality problems.
Honda names first foreigner, female to top management
TOKYO (Reuters) – Honda Motor Co named the first foreigner and first female to its all-Japanese, all-male roster of board members and operating officers on Monday, helping it catch up with rival Japanese carmakers in diversifying its executive ranks.
Greece resumes protracted bailout talks with lenders
ATHENS (Reuters) – Greece resumes bailout talks with its international lenders on Monday, hoping to end six months of wrangling over the release of new rescue loans it needs to avoid default.
Facebook CEO riding high – for now, after WhatsApp deal
SAN FRANCISCO/BARCELONA (Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg will take a victory lap at the world’s largest mobile technology conference in Barcelona on Monday, after beating out Google Inc in a $19 billion acquisition of fr…
Fisker and new Chinese owner to restart Karma production this year
BEIJING (Reuters) – U.S.-based Fisker Automotive, which has been acquired by China’s largest auto parts company, plans to restart production of its Karma plug-in hybrid luxury car “within a year” and will also complete the half-finished development of …
G20 growth pledge easier in the making than the execution
SYDNEY (Reuters) – The Group of 20’s proposal to lift economic activity by 2 percent over the next five years has so many holes in it, there’s no wonder it was the first official target that all members felt happy to agree on.
Boeing’s machinist union in St. Louis approves contract extension
(Reuters) – Boeing Co’s machinists’ union in St. Louis approved a seven and a half year contract extension that will keep the company’s unionized employees away from a defined benefit retirement plan.
China confident can maintain same growth pace in trade this year
BEIJING (Reuters) – China is confident of maintaining around the same pace of growth in foreign trade this year as last year, the Ministry of Commerce said on Monday.
Big consumer companies cut costs, Wall Street wants bolder steps
BOCA RATON, Florida (Reuters) – Investors are growing impatient with the makers of global brands like Cadbury chocolate, Campbell Soup and Tide laundry detergent, as these stalwart consumer products companies try to boost profits through cost cuts and …