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Former Bridgestone executive to plead guilty to price fixing: U.S. Justice Dept

WASHINGTON (Reuters) - A former sales manager for Bridgestone Corp <5108.T> has agreed to plead guilty and serve 18 months in prison for participating in a conspiracy to fix the prices of rubber anti-vibration devices used in automotive suspension systems and engine mounts, the Justice Department said on Wednesday.

Former Bridgestone executive to plead guilty to price fixing: U.S. Justice Dept

WASHINGTON (Reuters) - A former sales manager for Bridgestone Corp <5108.T> has agreed to plead guilty and serve 18 months in prison for participating in a conspiracy to fix the prices of rubber anti-vibration devices used in automotive suspension systems and engine mounts, the Justice Department said on Wednesday.

Konica Minolta buys Pitney Bowes document imaging business, adding 300 employees

MISSISSAUGA, Ont. - Konica Minolta Canada says it has acquired Pitney Bowes Canada's document imaging solutions business, expanding its direct sales and service network across Canada by more than 300 employees. Financial terms of the deal weren't disclosed, but Pitney Bowes Canada's document imaging business generated about $82 million in revenue in 2013. Konica Minolta says the acquisition will allow it to expand its document imaging business to commercial and corporate accounts in Canada.

Tokyo stocks jump 2.26% by break

Tokyo stocks jumped 2.26 percent Wednesday morning with Japanese exporter shares getting a lift from the weaker yen, following a rise on Wall Street bolstered by strong US corporate earnings. The Nikkei 225 index added 316.92 points to 14,313.73 by the break, while the Topix index of all first-section shares climbed 1.92 percent, or 21.79 points, to 1,157.88.

Itochu accountant embezzled 700 mil. yen from N.Z. affiliate

Itochu Corp. said Wednesday a former employee embezzled about 700 million yen when he worked at its New Zealand affiliate from 2012 to 2014. The trading house dismissed the man, said to be in his 30s, and plans to file a criminal complaint with police, it added. The accountant allegedly fabricated invoices to receive money from the company's bank account and then used it to fund foreign exchange transactions.

BOJ Kuroda maintains positive view on economy

By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed its upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-year as the sting of a sales tax hike fades. Price rises will broaden as the economy continues gradually to improve, Kuroda added, reiterating his view that Japan is making headway towards the central bank's price goal of 2 percent inflation in about a year's time.

Nissan inaugurates major complex in Brazil

Resende, Brazil, Apr 15 (EFE).- Nissan's top executives came to this southeastern Brazilian city on Tuesday to inaugurate a complex designed to turn out 200,000 vehicles and engines per year. Built at a cost of 2.6 billion reais ($1.18 billion), the vehicle and engine plants in Resende will eventually employ 2,000 people and are expected to generate an additional 2,000 jobs in the community, Nissan said.

Nissan inaugurates major complex in Brazil

Resende, Brazil, Apr 15 (EFE).- Nissan's top executives came to this southeastern Brazilian city on Tuesday to inaugurate a complex designed to turn out 200,000 vehicles and engines per year. Built at a cost of 2.6 billion reais ($1.18 billion), the vehicle and engine plants in Resende will eventually employ 2,000 people and are expected to generate an additional 2,000 jobs in the community, Nissan said.

Keidanren submits proposal to gov't to empower women in workforce

Japan's largest business lobby, the Japan Business Federation, submitted a proposal Tuesday to the government for improving women's advancement in the workforce. In the proposal handed to gender equality minister Masako Mori by Hideaki Omiya, the federation's vice chairman, the lobby known as Keidanren asks its roughly 1,300 member firms to draw up action plans to appoint more women as board members and managers.

Euro zone's trade surplus widens on rising exports in February

BRUSSELS (Reuters) - The euro zone's trade surplus widened in February from a year earlier on rising exports with imports unchanged, the European Union's statistics office Eurostat said on Tuesday. Exports from the 18 countries using the euro increased by 3 percent on the year after a 1 percent rise in January, while imports were flat when compared with a year earlier, data showed. The annual data are non-seasonally adjusted.
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