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Nissan reviving Datsun brand for emerging markets: Nikkei

Nissan Motor Co <7201.T> plans to revive the Datsun nameplate to sell inexpensive cars tailored for emerging markets from 2014, the Nikkei newspaper reported on Friday, as the Japanese automaker revs up its efforts to tap fast-growth countries.

Japan watchdog orders Adidas to stop price fixing

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Adidas said it would step up its compliance efforts in Japan after its unit there received a warning from the Fair Trade Commission saying it unlawfully pressured retailers to stop them from offering discounts on Reebok EasyTone sneakers.
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Ousted Woodford launches Olympus lawsuit

Michael Woodford, the ousted Olympus chief executive who blew the whistle on one of Japan's most high-profile frauds, vowed he would hold his former employer to account as he kicked off his legal battle for wrongful dismissal in London on Thursday.
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IMF says threat of sharp global slowdown eased

The probability of a sharp global slowdown has eased due to recent policy measures adopted in the euro zone to tackle its debt crisis, the International Monetary Fund said on Thursday, but it warned risks to world growth remain squarely to the downside.
North Korean leader Kim Jong-un

N. Korea-U.S. Nuclear Deal: Fresh Start or False Dawn?

North Korea has agreed with the United States to suspend major elements of its atomic weapons program in a surprise breakthrough that could pave the way for the resumption of long-stalled nuclear disarmament talks with the secretive state.
Japan Coast Guard members try to rescue a dog believed to have survived the massive tsunami of March 11 and also three weeks at sea, off Kesennuma

Tsunami Debris to Hit American Shores This Year

When a 9.0 magnitude earthquake hit Japan last year, it caused a massive tsunami killing nearly 16,000 people. The tsunami that dragged personal items from Japanese citizens, including televisions, dressers, refrigerators, out to sea, could wind up on the shores of Hawaii this year.
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Exclusive: U.S. conducting criminal Libor probe

The U.S. Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of mortgages and bonds to interest rate swaps, a person familiar with the matter said.
Workers assemble a pre-production 2013 Dodge Dart during a tour of the Chrysler Belvidere Assembly plant in Belvidere

New Car Sales To Soar in Feb: 14 Million Mark Looks Likely

Automakers will report nearly 1.09 million new cars in February on Thursday, according to two industry forecasts, continuing the ongoing revival of the industry as sales jumped nearly 6 percent from February 2011 and an eye-popping 20 percent from January. That would equal a seasonally adjusted annual rate (SAAR) above 14 million units -- the highest level since early 2008.

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