Tokyo / Bloomberg Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air-bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its safety crisis, a person with knowledge of the restructuring process. Lazard Ltd., Takata’s financial adviser, will meet manufacturers as well as financial ...

  Beirut/ AFP Syria’s opposition chief negotiator in UN-brokered peace talks has announced his resignation in what analysts said amounted to a warning the Geneva-based process was on its “last legs”. Mohammed Alloush, a member of the Saudi-backed rebel group Jaish al-Islam (Army of Islam), said on Twitter late Sunday he was resigning over the talks’ failure to produce any ...

  Sydney / AFP An Australian man has been killed in Syria fighting IS extremists, the country’s third national thought to have died alongside Kurdish forces, reports said on Monday. Former Australian soldier Jamie Bright, in his 40s, was named on social media as having been “martyred” in recent days. The Kurdish People’s Protection Unit said on its Facebook page ...