South Korea prosecutors may re-submit arrest warrant request for Lotte chairman: Yonhap

SEOUL (Reuters) – South Korean prosecutors are considering submitting a second request for an arrest warrant for Lotte Group chairman Shin Dong-bin, after their first request was rejected by a Seoul court, wire service Yonhap reported on Thursday.

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South Korea prosecutors may re-submit arrest warrant request for Lotte chairman: Yonhap

Oil prices, stocks up on surprise OPEC deal though gains seen fizzling

HONG KONG (Reuters) – Oil prices extended gains in Asia on Thursday, boosting stock markets, after OPEC members agreed to curb output in a surprise deal, though investors were wary of chasing markets higher as the U.S. presidential election nears.

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Oil prices, stocks up on surprise OPEC deal though gains seen fizzling

Samsung expects to get over 80 percent of recalled Note 7s in South Korea by October 1

SEOUL (Reuters) – Samsung Electronics Co Ltd said on Thursday it expects to have recovered more than 80 percent of recalled Galaxy Note 7 smartphones sold in South Korea by Oct. 1, when the firm plans to resume sales of the device in its home market.

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Samsung expects to get over 80 percent of recalled Note 7s in South Korea by October 1

Fed’s primal divide: Is economy overheating or stuck in a rut?

ST. LOUIS (Reuters) – Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between.

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Fed’s primal divide: Is economy overheating or stuck in a rut?

Hitachi, Toshiba, Mitsubishi Heavy aim to merge nuclear fuel units -source

TOKYO (Reuters) – Hitachi Ltd , Toshiba Corp and Mitsubishi Heavy Industries Ltd aim to merge their nuclear fuel businesses, a person with direct knowledge of the talks said, amid bleak prospects for Japan’s atomic reactors to return to operation after the Fukushima disaster.

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Hitachi, Toshiba, Mitsubishi Heavy aim to merge nuclear fuel units -source

Takata to book $100 million special profit in second quarter from U.S. interiors unit sale

TOKYO (Reuters) – Japanese auto safety parts supplier Takata Corp said on Thursday it expected to book a special profit of about 10 billion yen ($99 million) in the July-September quarter from the sale of U.S. interiors unit Irvin Automotive Products Inc.

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Takata to book $100 million special profit in second quarter from U.S. interiors unit sale

AIG’s ex-CEO Greenberg cites lawyers, accountants in fraud defense

NEW YORK (Reuters) – Maurice “Hank” Greenberg, the 91-year-old former chairman of former American International Group Inc , said at his fraud trial that he never would have considered doing a transaction that failed to pass muster with the insurer’s lawyers and accountants.

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AIG’s ex-CEO Greenberg cites lawyers, accountants in fraud defense

Ex-Gerova Financial president convicted of securities fraud

NEW YORK (Reuters) – The former president of reinsurer Gerova Financial Group Ltd was convicted on Wednesday on charges that he participated a scheme orchestrated by a man once dubbed “Porn’s New King” to defraud investors.

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Ex-Gerova Financial president convicted of securities fraud

Redstone’s National Amusements to call on CBS, Viacom to explore merger: sources

(Reuters) – Sumner Redstone’s National Amusements Inc is preparing to call on CBS Corp and Viacom Inc to explore a merger, two people familiar with the matter said on Wednesday.

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Redstone’s National Amusements to call on CBS, Viacom to explore merger: sources

Citigroup becomes last big U.S. bank to join payments network

NEW YORK (Reuters) – Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing with upstart Venmo.

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Citigroup becomes last big U.S. bank to join payments network

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