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Procter & Gamble said on Monday it had temporarily suspended operations in Argentina after the country's tax authority, which has accused the company of tax fraud, said it started meetings with the world's No.1 household products maker.

Korean carmakers Hyundai Motor Co and affiliate Kia Motors Corp will pay $350 million in penalties to the U.S. government for overstating fuel economy ratings in what officials said on Monday was the biggest settlement of its kind.

New Zealand's competition regulator has cleared online travel giant Expedia Inc to buy Wotif.com Holdings Ltd, leaving just one final regulatory hurdle for the A$699 million ($610 million) deal.