Lululemon yoga pants lawsuits in U.S. win final dismissals

Lululemon yoga pants lawsuits in U.S. win final dismissals
A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants.U.S. District Judge Katherine Forrest in Manhattan had on April 4 issued "draft" decisions ...

Auto airbag maker Continental named in GM recall suit

Auto airbag maker Continental named in GM recall suit
Plaintiffs' lawyers are seeking to draw Continental Automotive Systems U.S., the maker of airbag systems in recalled General Motors Co vehicles, into litigation over an ignition-switch defect that has been linked to 13 deaths.A lawsuit filed on Wednesday ...

Audi expects to sell half million cars in China this year

Audi expects to sell half million cars in China this year
Volkswagen's luxury division Audi plans to sell about half a million cars this year in China, the world's biggest auto market, and raise the number of its Chinese dealers to 500 by 2017.The German automaker hopes its car ...

Monte Paschi approves increasing size of capital increase to 5 billion euros

Monte Paschi approves increasing size of capital increase to 5 billion euros
The board of Italy's Monte dei Paschi di Siena approved increasing the size of a planned capital increase to 5 billion euros ($6.9 billion) from 3 billion euros to absorb any potential loss stemming from a European health ...

Compensation battle rages four years after BP’s U.S. oil spill

Compensation battle rages four years after BP’s U.S. oil spill
Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.Jules Melancon, the last ...

Japan investment in Southeast Asia surges amid China slump

Japan investment in Southeast Asia surges amid China slump
Japanese companies' investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labor costs rose, a government agency of Japan said on ...