November 19, 2018

The corporate scandals that rocked Japan

The corporate scandals that rocked Japan Image copyright Getty Images The scandal erupting at Nissan, following the arrest of its chairman Carlos Ghosn over allegations of financial misconduct, is far from the first crisis to hit Japan Inc. The allegations against Mr Ghosn - the boss of the Renault-Nissan-Mitsubishi strategic alliance - could have a seismic effect on the global car industry. But Japan has, in recent years, dealt with a number of high-profile corporate scandals. Here are some of the most notable: The Olympus affair In October 2011, Michael Woodford achieved something no other Westerner had done - he became the first non-Japanese person to be named as chief executive of Olympus Corporation, the camera and electronics giant. Two weeks later, he was fired. Mr Woodford, who had worked at Olympus for 30 years, had blown the whistle on a vast accounting fraud at the company. Image copyright Getty Images Image caption Michael Woodford blew the whistle on an accounting sca..
November 19, 2018

Nissan shares fall on Ghosn arrest

Nissan shares fall on Ghosn arrest Image copyright Getty Images Nissan shares were down more than 6% in early Tokyo trade, following the arrest of the firm's chairman Carlos Ghosn. Mr Ghosn, who also heads up the Japanese-French alliance Renault-Nissan-Mitsubishi, is being held over allegations of financial misconduct. Nissan's chief executive has claimed he under-reported his pay package, but gave no further details. Mr Ghosn is expected to be fired from the company after a board meeting on Thursday. Nissan is the world's sixth-largest carmaker and its site in Sunderland is the UK's biggest car plant. Nissan boss arrested over 'misconduct' Carlos Ghosn: The driven 'cost killer' Shares in Mitsubishi were down more than 7% in early Tokyo trade. Renault's shares lost more than than 8% in Europe.
November 19, 2018

Would you buy a handbag from Plada or Loius Vuitton?

Would you buy a handbag from Plada or Loius Vuitton? Image copyright ZIGOR ALDAMA Image caption You've heard of fake handbags being passed off as luxury brands, but an entire store? The internet's global reach has made stealing brands' intellectual property even easier, and businesses are losing billions as a result. So what should they be doing to protect themselves? When two new luxury fashion boutiques opened in the Chinese city of Renhuai this summer, it was hard to tell they were fake at first. The storefronts, which appeared to belong to the luxury brands Louis Vuitton and Prada, bore huge photos of models posing with legit-looking products while the shelves were packed with posh handbags and accessories. It was only the misspelled branding that gave the game away. One shop called itself "Loius Vuitton", the other "Plada". This is the world of intellectual property (IP) theft, which costs European companies alone about €60bn (£52bn) in lost sales each year, accor..
November 19, 2018

100 Women: The woman who decides if men can take a second wife

100 Women: The woman who decides if men can take a second wife Image copyright Joshua Paul for the BBC Islamic law, also known as Sharia, is often associated by critics with harsh punishments and hardline attitudes. But one of Malaysia's first female Sharia high court judges says her role gives her an opportunity to protect women in the Muslim-majority nation. Judge Nenney Shushaidah presides over five trials a day and can hear up to 80 cases a week. The use of Sharia is growing in Malaysia. Under a dual-track legal system, thousands of Muslims use it to settle moral and family matters. Non-Muslims are required to follow secular laws that deal with the same matters. Malaysia practises a moderate form of Islam but conservative attitudes have been on the rise. Rights activists were outraged by the recent caning of two Malaysian women convicted of attempting to have lesbian sex, and say Sharia is often misused. Judge Shushaidah passes judgment on everything from financial cases to ..
November 19, 2018

Melbourne ‘terror plot’: Three held over ‘chilling’ gun plan, police say

Melbourne 'terror plot': Three held over 'chilling' gun plan, police say Image copyright Getty Images Image caption Police said the men had planned to target a crowded area in Melbourne Australian police say they have arrested three men who were plotting to commit a terror attack in Melbourne. The group had been attempting to source a semi-automatic rifle to kill as many people as possible in a crowded place, authorities said. The suspects - aged 21, 26 and 30 - were allegedly inspired by the Islamic State group. There was no ongoing threat to the public, said Chief Commissioner Graham Ashton. Mr Ashton said the men had not settled on a location for the alleged attack, but their planning had "escalated" in recent days. "There was a view towards a crowded place, a place where maximum people would be attending, to be able to kill, we allege, as maximum an amount of people as possible," he told reporters on Tuesday. Earlier this month, a knife-wielding attacker killed..
November 19, 2018

Maldives-China deal ‘one-sided’, says ex-president Nasheed

Maldives-China deal 'one-sided', says ex-president Nasheed Image copyright EPA Image caption Ibrahim Mohamed Solih became the Maldives' new president on Saturday The new Maldives government is considering pulling out of a free trade agreement with China, a top leader from the islands' governing alliance says. "The free trade agreement is very one-sided... the numbers don't match," ex-president Mohamed Nasheed told the BBC. The Maldives' parliament would not approve the law required for the trade deal to come into force, he added. The comments come days after Mr Nasheed's ally Ibrahim Mohamed Solih became the Maldives' new president. Mr Nasheed - a senior advisor to President Solih - was barred from contesting the September elections. Surprise victory for Maldives opposition Read more about the Maldives here There has been no immediate response from China to the latest comments, but a week ago the Chinese embassy in the capital Male rejected a s..
November 19, 2018

Wombat poop: Scientists reveal mystery behind cube-shaped droppings

Wombat poop: Scientists reveal mystery behind cube-shaped droppings Image copyright EPA Image caption The Australian native produces up to 100 cube-shaped poops a night Scientists say they have uncovered how and why wombats produce cube-shaped poo - the only known species to do so. The Australian marsupial can pass up to 100 deposits of poop a night and they use the piles to mark territory. The shape helps it stop rolling away. Despite having round anuses like other mammals, wombats do not produce round pellets, tubular coils or messy piles. Researchers revealed on Sunday the varied elasticity of the intestines help to sculpt the poop into cubes. "The first thing that drove me to this is that I have never seen anything this weird in biology. That was a mystery," Georgia Institute of Technology's Patricia Yang said. Why a faecal transplant could save your life Secrets of toughest creatures revealed 'Giant wombats made annual migration' After studying the digestive tracts..
November 19, 2018

China tycoon Yu Minhong caught up in sexism row

China tycoon Yu Minhong caught up in sexism row Image copyright REUTERS/Jason Lee Image caption Yu Minhong, chairman and president of New Oriental The education billionaire Yu Minhong has courted controversy with comments he made about Chinese women on Sunday. The founder of the New Oriental Group claimed during an education forum that Chinese women were partly responsible for declining moral standards in the country. "Chinese women pick men based on their ability to make money and they don't care if they are good people," Mr Yu told the conference. "Chinese women's depravity has led to the nation's depravity." You may also be interested in: Victoria's Secret in transgender apology Burned to death because of a rumour on WhatsApp The ultimate 'pushy parent' goes viral A video of him making these remarks was widely shared on the Chinese social media platform Sina Weibo, where he attracted criticism. The video has been watched more than 1.1 million times an..
November 19, 2018

Preity Zinta: India outrage over Bollywood actress’s #MeToo comment

Preity Zinta: India outrage over Bollywood actress's #MeToo comment Image copyright Getty Images Image caption Preity Zinta has starred as the leading lady in several hit Bollywood films Bollywood actress Preity Zinta has been criticised on social media for making comments perceived to be trivialising the #MeToo movement. She has in turn blamed "bad editing" of her interview for the controversy. The movement, which began in Hollywood a year ago, has seen thousands sharing their stories of sexual harassment. In recent months, #MeToo has been gaining momentum in India with women calling out comedians, journalists, authors, actors and filmmakers. Although Zinta is no longer very active in Bollywood, a few years ago she was at the top of the industry and starred as the leading lady in films with superstars Shahrukh Khan, Salman Khan, Aamir Khan and Hritik Roshan - so there remains a lot of interest in what she says. Her controversial comments were made during a video interview she r..
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