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Kobe Steel data fabrication continued after misconduct discovered: Nikkei

/  20.10.2017  /  Business 

TOKYO (Reuters) – Data fabrication at Kobe Steel Ltd continued at its aluminum and steel unit after an internal investigation discovered the misconduct, the Nikkei newspaper reported on Friday.

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Imprimis Pharma to take on Allergan’s Restasis with cheaper product

/  20.10.2017  /  Business 

(Reuters) – Shares of Imprimis Pharmaceuticals Inc sky-rocketed as much as 91 percent on Thursday, after the company said it would launch a cheaper alternative to Allergan Plc’s controversial dry eye drug, Restasis, by next month.

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Asian shares perk up after U.S. Senate passes budget plan

/  20.10.2017  /  Business 

TOKYO (Reuters) – Asian shares shrugged off early sluggishness and gained on Friday, and the dollar rose after the U.S. Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.

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Singapore Airlines to finalize $13.8 billion Boeing order next week

/  20.10.2017  /  Business 

SINGAPORE (Reuters) – Singapore Airlines Ltd said on Friday it will finalize an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week.

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Ackman urges ADP to consider acquiring Ceridian amid proxy fight

/  20.10.2017  /  Business 

BOSTON (Reuters) – Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc , on Thursday said the human resource software company should buy rival Ceridian, in a move that could woo customers with a better product.

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Japan government wants to get actively involved in Kobe Steel issue: trade minister

/  20.10.2017  /  Business 

TOKYO (Reuters) – The Japanese government wants to get actively involved in the issue of Kobe Steel’s data fabrications, Hiroshige Seko, the minister of economy, trade and industry, said on Friday.

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Exclusive: Tech companies to lobby for immigrant ‘Dreamers’ to remain in U.S.

/  20.10.2017  /  Business 

SAN FRANCISCO (Reuters) – Nearly two dozen major U.S. companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.

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Asian shares edge higher, Fed chief speculation tempers appetite

/  20.10.2017  /  Business 

TOKYO (Reuters) – Asian shares inched slightly higher on Friday, but grappled for firmer leads as speculation about who the next U.S. central bank chief will be kept global investors wary.

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Nissan’s inappropriate inspections started at least 20 years ago: NHK

/  20.10.2017  /  Business 

TOKYO (Reuters) – Inappropriate inspection practices at Nissan Motor Co had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan’s second-biggest automaker.

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SoftBank’s big checks are stalling tech IPOs

/  20.10.2017  /  Business 

LAGUNA BEACH, Calif. (Reuters) – Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year.

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