Drug Safety Settlement

A Ranbaxy office building is pictured in the northern Indian city of Mohali May 14, 2013. Indian generic drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay $500 million in civil and criminal fines under the settlement agreement with the U.S. Department of Justice. The settlement is its largest-ever with a generic drugmaker over drug safety, according to the U.S. government. It includes $150 million in payments for a criminal fine and forfeiture and $350 million in payments for civil claims. REUTERS/Ajay Verma (INDIA - Tags: HEALTH BUSINESS)

Daiichi Sankyo says it was misled over Ranbaxy U.S. probes

Japanese drugmaker Daiichi Sankyo Co, which bought control of Ranbaxy Laboratories in 2008, said it believes unnamed former shareholders of the company hid information regarding U.S. regulatory probes into Ranbaxy.  Full Article 

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JX: No impact to refining ops after power unit fire

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TOKYO | Mon Aug 20, 2012 4:36am IST

TOKYO Aug 20 (Reuters) - Japan's top oil refiner JX Nippon Oil & Energy said one of the three gas-fired power generating units at its 145,000 barrels per day (bpd) Sendai refinery caught fire late on Sunday, but there has been no impact on refining operations.

The fire at the No.3 gas-turbine unit, with a capacity of about 34 megawatts, had been extinguished by early Monday and there were no injuries, a company official said.
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