2016.07.04

News Headlines - 04 July 2016

Nicolas Sarkozy confirms return bid for French presidency | The Guardian

The former French president Nicolas Sarkozy has confirmed he will run again for the country’s highest office, announcing he is stepping down as head of his conservative party to pave the way for the return bid.

Tell Me Straight, Toyota - Bloomberg Gadfly

This isn't the first time Toyota's disclosure has fallen short. At its annual results presentation last month, one of the major swing factors in the company's profit forecast missing estimates was a 300 billion yen ($2.9 billion) item defined only as "Expenses, etc". A telephone call revealed half that amount was an expectation of increased costs for quality issues -- in other words, more recalls and warranty repairs.

Chinese court jails former presidential aide Ling Jihua for life | The Guardian

A Chinese court has jailed for life a former senior aide to the retired president Hu Jintao after finding him guilty of taking bribes, illegally obtaining state secrets and abuse of power, during a secret trial in which his wife testified against him.
The verdict in the case brings to a close another chapter in President Xi Jinping’s sweeping campaign against corruption that began more than three years ago.

Prosecutors seek detention for Lotte Group founder's daughter: Yonhap | Reuters

South Korean prosecutors conducting a bribery investigation on Monday requested a detention warrant for the daughter of the founder of South Korea's Lotte Group conglomerate, Yonhap News Agency reported, citing the prosecutors' office.

Wimbledon 2016: Kei Nishikori retires with injury against Marin Cilic - BBC Sport

Fifth seed Kei Nishikori was forced to retire during his Wimbledon fourth-round match against Marin Cilic after struggling with an injury.


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