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Ghosn was arrested by Japanese prosecutors who said he and Representative Director Greg Kelly conspired to understate Ghosn’s compensation at Nissan over five years from 2010, saying it was about half the actual 10 billion yen ($89 million). Ghosn and Kelly, who has also been arrested, have not commented on the accusations and Reuters has not been able to reach them fixed backing cufflink uk sale. Kyodo News reported on Wednesday that the Tokyo District Court has decided Ghosn and Kelly would be detained for a further 10 days..
BERLIN (Reuters) – Germany’s Volkswagen (VOWG.DE) has struck a deal with U.S fixed backing cufflink uk sale. semiconductor maker Broadcom (AVGO.O), ending a billion-dollar patent lawsuit that pitted the carmaker against its supplier, a source close to Volkswagen told Reuters on Wednesday. The companies signed an out-of-court settlement, the source said, adding that a court hearing scheduled for Friday had now been canceled. Volkswagen declined to comment. Broadcom did not immediately respond to a request for comment. Der Spiegel news magazine reported in early November that California-based Broadcom had made a patent claim for more than $1 billion against Volkswagen and threatened to seek a judicial ban on the production of several car models..
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods were unexpectedly unchanged in October and shipments rebounded modestly, which could temper expectations of an acceleration in business spending on equipment early in the fourth quarter. While other data on Wednesday showed home resales rising last month after six straight monthly declines, house purchases remained sharply down this year fixed backing cufflink uk sale. Sluggish business spending on equipment together with a lackluster housing market could stoke fears that higher interest rates are hurting the economy..
There was also disappointing news on the labor market. The number of Americans filing applications for unemployment benefits rose to more than a four-month high last week. “The economy may have seen its best day already for growth and prosperity back a couple of months ago in late summer,” said Chris Rupkey, chief economist at MUFG. “Winter is coming for the economic outlook where business investment spending looks to be topping out, and companies have let a few workers go.” fixed backing cufflink uk sale.
The Commerce Department said the flat reading in orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, followed a downwardly revised 0.5 percent drop in September. These so-called core capital goods orders were previously reported to have dipped 0.1 percent in September. Last month, there were declines in orders for primary metals and machinery fixed backing cufflink uk sale. That offset increases in orders for fabricated metal products, computers and electronic products, as well as electrical equipment, appliances and components..