JAPAN

Golden Globes

Golden Globe stars to dine on desserts of gold

When Hollywood's top stars, including George Clooney, Angelina Jolie and Steven Spielberg, attend the Golden Globe Awards next week they will sip vintage champagne and nibble edible gold.

Tiffany holiday sales weaken; Zale, Signet rise

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Tiffany & Co sales over the holiday season weakened markedly in the United States and Europe, prompting the upscale jeweler to lower its full-year profit forecast and sending its shares down more than 10 percent in early trading.
Bank of America

Bank of America Laying off 20% of Asian Staff

Bank of America-Merrill Lynch, the second-largest U.S. bank by assets, is cutting around a fifth of its managing directors across its Asia investment banking division, sources said on Monday, in a bid to cut costs as the outlook sours in a once-booming region.
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Honda aims to kick-start Acura with new models

Honda Motor Co <7267.T> unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Suing Current, Former Executives

Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.
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Olympus says sues current, former executives

Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.
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Honda sees U.S. sales comeback after dismal 2011

Honda Motor Co <7267.T> is looking to put a year of unprecedented difficulties behind it and boost sales in the United States, its biggest market, by a quarter in 2012, executives said on Monday.
Olympus

Olympus Sues Current President, Ex-Directors

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
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Exclusive: Olympus sues current president, ex-directors

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
General Motors

GM Cadillac ATS to Challenge German Luxury Brands

American automotive manufacturer General Motors (GM) has thrown down the gauntlet to reigning luxury brands in the market like German companies BMW and Mercedes Benz, by unveiling its compact Cadillac ATS sports sedan.
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Toshiba to enter U.S. smart home energy market

Japan's Toshiba Corp said on Monday it plans to enter the smart home energy market in the United States at the end of this year and generate 10 billion yen ($129.68 million) in revenue by the fiscal year ending March, 2016.
Dodge Dart

Detroit Auto Show Preview: Sustainability Prevailing Theme

It's about sustainability of profits, and sustainability through efficient products that contribute to both the broader environment and consumer benefit that will be at the heart of every automaker's presentations. America's Big Three, in particular, have revealed they are still among the biggest and best global forces to be reckoned with through profitability and strong, advanced product in the past year or two.

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