South Africa mines less violent as AMCU union plays by rules
JOHANNESBURG (Reuters) – A year ago, militant South African miners affiliated to upstart union AMCU were marching with spears, clubs and knives in often violent wildcat strikes and protests against management bosses.
Actelion CFO to leave company from Sept 1
ZURICH (Reuters) – Europe’s largest biotech company Actelion said on Tuesday its chief financial officer Andrew Oakley would be leaving the company next week to focus on other opportunities.
Ahead of G20, China urges caution in Fed policy tapering
BEIJING (Reuters) – The U.S. Federal Reserve must consider when and how fast it unwinds its economic stimulus to avoid harming emerging market economies, senior Chinese officials said on Tuesday.
Daimler’s Mercedes-Benz outlines strategic plan for China growth
BEIJING (Reuters) – Daimler AG’s Mercedes-Benz will launch around 20 new or upgraded car models in China over the next two years, part of a broader turnaround effort aimed at reversing the brand’s recent struggles in the world’s biggest auto market.
China’s antitrust probes not just aimed at foreign firms: official media
SHANGHAI (Reuters) – A series of antitrust investigations by Chinese regulators are part of efforts to toughen enforcement of a 2008 anti-monopoly law and are not just directed at foreign firms, the official China Daily reported on Tuesday.
Japan Economics Minister: No instructions from PM Abe to mull corporate tax cut
TOKYO (Reuters) – Japanese Economics Minister Akira Amari said on Tuesday that Prime Minister Shinzo Abe has given no instructions to mull a cut in the country’s corporate tax.
Japan’s ANA to buy 49 percent in Myanmar’s Asian Wings Airways: source
TOKYO (Reuters) – Japan’s ANA Holdings Inc will buy a 49 percent stake in Myanmar carrier Asian Wings Airways as part of a strategy to expand overseas by investing in airline related businesses, an industry source familiar with the agreement said.
Four-way Latin America bloc strikes deal to remove all trade tariffs
PLAYA DEL CARMEN, Mexico (Reuters) – Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin America and the …
Barnes & Noble’s retail head sells shares
(Reuters) – Barnes & Noble Inc’s retail group head Mitchell Klipper sold about two-thirds of his shares in the beleaguered retailer in the past few days, according to a filing with the Securities and Exchange Commission.
Madoff trustee reaches $98 million settlement with Maxam fund
NEW YORK (Reuters) – The trustee seeking money for victims of Bernard Madoff has reached a $98 million settlement with Maxam Absolute Return Fund, which fed cash into the imprisoned swindler’s Ponzi scheme.
