US cigarette company Philip Morris has been unsuccessful in its challenge of Australia’s plain packaging laws after an international arbitral tribunal dismissed the multinational’s claims that plain packaging was in breach of the Australia-Hong Kong bilateral investment treaty signed in 1993.
A new report has claimed that Takata Corporation allegedly ignored its US employees concerns about misleading testing reports on air bags which later became a safety risk due to their tendency to explode and potentially harm passengers.
Zodiac Aerospace presented its worst ever annual financial results for the 2014/2015 fiscal year, facing an operating income shortfall of 44.6% as a result of production delays at its aircraft seat division.
Toyota Motor Corporation has announced a plan to establish a new research and development company to help boost research into artificial intelligence, robotics and big data to address society’s future mobility challenges.
A US military blimp, which was part of a $2.8bn defense program [sic], wreaked havoc on the countryside and cut power to thousands after breaking free from its mooring at a US army base in Maryland last week.