Japan's Takata apologises to victims of faulty air bags
TOKYO, June 27 Japanese auto parts maker Takata Corp apologised on Tuesday to victims of its faulty air bags linked to at least 16 deaths and 180 injuries around the world.
Dec 7 Office supplies retailer Staples Inc said it would sell a controlling interest in its European business to an affiliate of private equity firm Cerberus Capital Management LP.
Staples' European unit consists of retail, contract, and online businesses in 16 countries, generating aggregate annual sales of about 1.7 billion euros ($1.82 billion).
Staples will retain a 15 percent stake in the business, the company said on Wednesday.
Financial terms of the deal were not disclosed.
The deal comes two months after smaller rival Office Depot Inc said it would sell its European operations to investment company Aurelius Group. ($1 = 0.9328 euros) (Reporting by Arunima Banerjee in Bengaluru; Editing by Anil D'Silva)
YOKOHAMA, June 27 Nissan Motor Co on Tuesday said it paid CEO Carlos Ghosn 1.098 billion yen ($9.81 million) in the year ended March, up 2.5 percent from the previous year.