Japan court dismisses defamation suit against Wynn Resorts
TOKYO (Reuters) – A Tokyo court has dismissed a defamation lawsuit filed by Japanese billionaire Kazuo Okada against U.S. casino operator Wynn Resorts and some of its top executives, saying the case should not be handled by a Japanese tribunal.
Third Wockhardt India plant hit by export restrictions
(Reuters) – Britain’s drug regulator revoked the quality compliance certificate for a Wockhardt Ltd factory in India, the drugmaker said on Tuesday, the third of its plants to be hit by export restrictions this year.
Nokia announces new Asha phones
ABU DHABI (Reuters) – Nokia on Tuesday announced upgraded versions of its Asha range of mobile phones, some of the last products it developed before deciding to sell its handset business to Microsoft.
Peugeot will remain French: industry minister
PARIS (Reuters) – PSA Peugeot Citroen will remain French, Industry Minister Arnaud Montebourg said on Tuesday, days after sources said the loss-making firm was in talks with China’s Dongfeng and the French government over a capital increase.
Hyundai expands recall of Genesis sedans to South Korea for brake issue
DETROIT/SEOUL (Reuters) – Hyundai Motor Co said on Tuesday it would expand a U.S. recall of about 27,500 Genesis sedans to South Korea and other markets to address a potential brake issue as it prepares to unveil a new version of the large sedan as ear…
Boeing rotorcraft chief says prospects for foreign sales bright
WASHINGTON (Reuters) – The head of Boeing Co’s rotorcraft unit said strong international demand would help limit the pain of a decline in U.S. military spending and that discussions with Japan about a possible purchase of V-22 tiltrotors had accelerate…
Petrobras-led group wins Brazil oil auction with minimum bid, many stay away
RIO DE JANEIRO (Reuters) – Brazilian state-run energy company Petrobras joined forces with European oil majors and Chinese rivals on Monday to buy the country’s biggest-ever oil field with a lone bid at the minimum price, a worse-than-expected outcome …
Activision CEO, co-chairman control 25 percent of votes
SAN FRANCISCO (Reuters) – Activision Blizzard Inc CEO Bobby Kotick and Co-chairman Brian Kelly control more than a quarter of voting interest in the company after completing their $8.2 billion deal to buy back most of its shares from Vivendi , the vide…
Singapore firm barred from U.S. contracts over bribery case: Navy
WASHINGTON (Reuters) – A Singapore-based company involved in a U.S. Navy bribery scandal has been barred from doing business with the federal government and has had nine Navy contracts worth $205 million terminated for cause, a Navy official said on Mo…
Former Jefferies trader must face trial on TARP charges: judge
NEW YORK (Reuters) – A former Jefferies Group Inc managing director must face trial on criminal charges that he defrauded a federal bank bailout program by falsifying the prices of mortgage securities, a Connecticut federal judge ruled on Monday.
