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U.S. Seeks To Ease Concerns Over F-35 Delays, Rising Cost

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The United States sought on Thursday to allay concerns over delays and escalating costs for its new F-35 fighter, telling its eight partner nations there would be no further delays in the rollout of the radar-evading aircraft.
A worker inspects a Land Rover Discovery on the production line at their Production Facility in Solihull

India to Surpass Japan as No. 2 Asian Car Market by 2016

India will surpass Japan as the No. 2 vehicle market in Asia by 2016, according to a report in the Wall Street Journal based on data and research from IHS Automotive. The report also says that auto sales in China, Asia and the world's largest market, will continue to grow steadily through the rest of the decade.
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A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Japan Decides on Further Monetary Easing: Report

The Bank of Japan’s decision to extend its support for lending to growth sectors rather than add to its Asset Purchase Program (APP) on Tuesday appears to have disappointed some but was the outcome that had looked most likely according to Capital Economics.
Tensions between European governments and large drug companies like Pfizer have been rising for several years as administrations across the region face the challenge of curbing the rising costs of healthcare in tough economic times. Governments are by far

Pfizer's Ian Read: Europe Is Undermining Drug Innovation

Europe is undermining drug innovation by cutting prices, raising barriers to new medicines and freeloading off others in Asia and the United States who are more willing to pay, the boss of Pfizer, the world's largest drugmaker, said.
General view of the 8th World Trade Organization Ministerial Conference in Geneva

US, EU, Japan File WTO Complaint Against China Over Rare Earth Exports

The U.S., the European Union and Japan will file a complaint with the World Trade Organization, which arbitrates international trade disputes, on Tuesday over Chinese export caps on rare earth minerals used in high-tech manufacturing, the Wall Street Journal reported.
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Yahoo Shares Rise After Suing Facebook On Patent Use

Shares of Yahoo (Nasdaq: YHOO) rose slightly after the company sued Facebook for alleged patent infringement. Facebook denied the charges in a statement but has not filed a legal response.
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US Futures Gain On Euro-Area Optimism, Fed Eyed

Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
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EU, US, Japan Launch Rare Earth WTO Case Against China

The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing's restriction on exports of raw materials, including rare earth elements critical to major industries.
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Futures Higher On Euro Zone Optimism, Fed Eyed

Stock index futures advanced on Tuesday ahead of data that could provide clues on the level of consumer spending and before a policy announcement from the Federal Reserve.
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Nikkei Tops 10,000, Retreats

Japan's Nikkei average breached 10,000 for the third straight session before trimming gains to 0.9 percent Tuesday, lifted by defensive buying as investors looked for signs of further easing from the Bank of Japan.
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Yahoo Throws Wrench Into Facebook IPO With Lawsuit

Yahoo, the No. 2 search engine that just hired a new CEO, could threw a wrench into Facebook’s proposed $5 billion initial public offering by suing for patent infringement.
Apple’s New iPad Or iPad 2: Too Many Problems With Latest Tablet; Should You Stick To The Old One?

New iPad Pre-orders Shipping Delayed for Weeks: Wait or Buy Cheaper iPad 2?

Apple had unveiled the new iPad on Wednesday March 7 and had announced that device will go public on Friday March 16. However, the latest announcement is that the pre-ordered tablets will not ship for 2-3 weeks as demand for the new tablet has been “off the charts.” So if you’re one of those who want to be among the first to get your hands on Apple’s shiny new toy, get ready to brave the legendary jam-packed crowds at Apple stores this Friday. Or buy the cheaper iPad 2 instead.
Asahi Kasei will buy Zoll in an agreed cash deal for $93 a share, a 24 percent premium to Zoll's closing price on Friday, the two companies said in a joint statement. The deal is Asahi Kasei's biggest acquisition by far.

Asahi Kasei To Buy Zoll Medical For $2.2 Billion

Japan's Asahi Kasei Corp will buy U.S. medical equipment maker Zoll Medical Corp for $2.21 billion as it looks to build a globally competitive healthcare business and reduce its reliance on its chemicals and fibers operations.
Asahi Kasei

Japan’s Asahi Kasei to Buy Zoll Medical for $2.2 Billion

Asahi Kasei Corp., a Japanese chemical manufacturer, agreed to acquire Massachusetts-based medical device and software maker Zoll Medical Corp. for about $2.21 billion, as it looks to expand its global presence and develop a leading position in the critical care.

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