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January 14, 2019 5:30 AM Navy divers find Indonesia Lion Air flight’s cockpit voice recorder

JAKARTA, Indonesia – Navy divers have located the cockpit voice recorder of a Lion Air jet that crashed into the Java Sea in October, Indonesian officials said Monday, in a possible boost to the accident investigation. Ridwan Djamaluddin, a deputy maritime minister, told reporters that remains of some of the 189 people who died in the crash were also discovered 140

January 14, 2019 12:17 AM Renault-Nissan's Ghosn received 7 million euros from Dutch JV: Les Echos

PARIS (Reuters) - Ousted Renault-Nissan alliance chairman Carlos Ghosn was paid 7 million euros ($8 million) through a Dutch joint venture between Nissan and Mitsubishi, French financial daily Les Echos reported on its website on Sunday. Les Echos said that Nissan and Mitsubishi in June 2017 set up joint venture Nissan Mitsubishi BV (NMBV) in the Netherlands 178

January 10, 2019 12:19 PM Exclusive: Glencore loses exclusive marketing rights to two Libyan crude grades

LONDON (Reuters) - Trading and mining giant Glencore (GLEN.L) has lost its exclusive marketing rights for two of Libya’s main crude oil export grades after holding those rights since the end of 2015, trading sources with direct knowledge said. China’s Unipec has been allocated three cargoes of that crude in January, according to one of the sources 162

January 9, 2019 11:05 AM Former Insys CEO to plead guilty in opioid kickback case

BOSTON (Reuters) - The former chief executive of Insys Therapeutics Inc (INSY.O) is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication. Michael Babich, who resigned as the Arizona-based drugmaker’s CEO in 2015, is scheduled to appear in federal court in Boston 125

January 8, 2019 1:02 PM India forms panel to deepen digital payments, led by Infosys' Nilekani

MUMBAI (Reuters) - India’s central bank on Tuesday said it has constituted a panel with Infosys chairman Nandan Nilekani as its head in a bid to deepen digital payments in Asia’s third-biggest economy. The five-member panel, which includes a former deputy governor of the Reserve Bank of India (RBI), will identify ways to widen financial inclusion via the use of digital 157

January 8, 2019 6:57 AM Ghosn's lawyer: Nissan agreed on transfer of currency contracts

TOKYO (Reuters) - Nissan Motor Co had agreed with former chairman Carlos Ghosn to take on his personal foreign exchange contracts, his lawyer said, disputing allegations of financial misconduct. Ghosn has been arrested on allegations including aggravated breach of trust in shifting personal investment losses worth 1.85 billion yen ($17 million) to the carmaker 81

January 6, 2019 10:50 AM Philippine court orders arrest of Japanese casino mogul Okada

MANILA (Reuters) - A Philippine court has ordered the arrest of Japanese pachinko billionaire Kazuo Okada, about a month after the country’s Department of Justice recommended the filing of charges against him over three counts of fraud. The DOJ has found cause to indict Okada for three counts of swindling after he acquired “through mistake or fraud 110

January 6, 2019 4:04 AM South Korea's Celltrion aims to set up China JV within first half of 2019: chairman

SEOUL (Reuters) - South Korean drugmaker Celltrion Inc (068270.KS) aims to set up a joint venture in China within the first half of this year, and begin selling products in the country next year, its chairman said on Sunday. “Since last year, we’ve been pushing on with a plan to set up a joint venture in China,” Chairman Seo Jung Jin told reporters 96

January 5, 2019 11:17 PM Japanese prosecutors want Ghosn to sign confession, says son: paper

PARIS (Reuters) - Japanese prosecutors want Carlos Ghosn, the detained auto executive who oversaw an alliance that sold 10 million vehicles a year, to confess to financial misconduct, his son told France’s weekly Journal du Dimanche (JDD). Ghosn has been held in a Tokyo detention center since his Nov. 19 arrest on allegations of under-reporting his income 84

December 29, 2018 12:01 AM World Rugby chairman Beaumont knighted in UK honors list

LONDON (Reuters) - World Rugby chairman Bill Beaumont has been recognized in the British New Year’s Honors list with the former England captain given a knighthood for his services to the sport. Beaumont joins former England cricket captain Alastair Cook in receiving a knighthood, while Tour de France winner Geraint Thomas, England soccer coach Gareth 125