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7 Japanese supplier execs indicted in price-fixing scheme

2014-09-18 23:28:50| Auto Parts - Topix.net

A U.S. grand jury in Detroit has indicted seven executives from Japanese auto suppliers Mitsubishi Electric Corp. and Hitachi Automotive Systems for their alleged roles in a conspiracy to fix auto parts prices, the U.S. Department of Justice In a three-count indictment filed today, the government alleges that Mitsubishi Electric executives Atsushi Ueda, Minoru Kurisaki and Hideyuki Saito conspired to fix the prices of starter motors, alternators and ignition coils. The parts were sold to all of the Detroit 3 as well as Nissan, Honda and Subaru's parent company, Fuji Heavy Industries.

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Merck Presents First Phase 3 Data in Japanese Patients for Omarigliptin, an Investigational Once-Weekly DPP-4 Inhibitor for Type 2 Diabetes

2014-09-17 15:31:00| Merck.com - Corporate News

Dateline City: WHITEHOUSE STATION, N.J. Omarigliptin significantly reduced HbA1c levels compared to placebo WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced the presentation of the first data from the Phase 3 clinical development program for omarigliptin, Mercks investigational once-weekly DPP-4 inhibitor for the treatment of type 2 diabetes. In a study in Japanese patients, omarigliptin provided comparable efficacy and tolerability to Mercks once-daily DPP-4 inhibitor JANUVIA (sitagliptin) 50 mg, which is the standard starting dose for sitagliptin in Japan. Language: English Contact: MerckMedia:Pam Eisele, +1 (267) 305-3558Michael Close, +1 (267) 305-1221 or +1 (310) 617-1067orInvestors:Justin Holko, +1 (908) 423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Japanese beer sales fall in August

2014-09-15 07:52:24| Beverages - Topix.net

The Japanese beer industry's woes continued in August with sales of beer and "quasi-beer" falling nearly 10% by volume compared to the same period last year. The four big beer companies in Japan, Kirin, Suntory, Asahi and Sapporo, all saw drops last August, ranging from 14% for Kirin at one end to just 2% for Suntory at the other.

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Australia may upgrade its naval fleet with Japanese submarines

2014-09-10 01:00:00| Naval Technology

The Australian Government is planning to spend nearly A$20bn ($18.7bn) to procure 10 Japanese-built Soryu-class submarines, in a bid to upgrade its naval fleet and replace the aging Collins-class vessels from 2030 onwards.

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