Sysco Corp (SYY.N) is not holding settlement talks with the U.S. government to resolve a lawsuit aimed at stopping a $3.5 billion merger of the food distributor and its largest rival, a lawyer for Sysco said on Friday.
U.S. regulators on Friday slapped Takata Corp with a $14,000 per-day fine for failing to fully cooperate with a probe of its faulty air bags and revealed that a fraction of the 17 million cars recalled because of the problems have been repaired.
French investigating magistrates have issued arrest warrants for three former Swiss managers at UBS in connection with their investigation into whether the bank helped tax dodgers, a judicial source told Reuters on Tuesday.
European Union antitrust regulators are to probe deeper into Siemens' bid for U.S. oilfield equipment maker Dresser-Rand Group Inc on concerns that the $7.6 billion deal may reduce competition and push up prices.
