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Samsung Note 7 buyers in South Korea file class-action suit

  Bloomberg The number of Samsung Galaxy Note 7 owners demanding compensation for being inconvenienced by the smartphone’s troubles is starting to rise. In what may be the first Note 7 related class-action lawsuit filed in South Korea, 527 smartphone buyers are demanding Samsung Electronics Co. pay each plaintiff about 500,000 won (about $440) for time and effort lost when ...

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Japan exports drop for 12th month in dismal tear for trade

  Bloomberg Japanese exports fell for a 12th consecutive month in September, rounding out a rough year for manufacturers struggling with a stronger yen and soft global demand. Yet the numbers were better than expected, and export volumes rose last month by the most in nearly two years, prompting some upbeat assessments by economists. “Today’s report confirmed that exports are ...

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India’s Tata Sons replaces Cyrus Mistry as chairman

  AFP India’s Tata Sons dumped Cyrus Mistry as its chairman in a surprise announcement Monday, almost four years after his appointment as the first chief of the conglomerate from outside the Tata family. The decision comes as the steel arm of the sprawling $100 billion conglomerate struggles to offload its loss-making British assets while its carmaking business continues to ...

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