Nidec Corp. Shin-Kawasaki Technology Center in Kawasaki. Photographer: Takaaki Iwabu/Bloomberg Nidec Corp. secured a ¥600 billion ($3.9 billion) credit line from MUFG Bank Ltd. and SMBC, easing concerns about potential liquidity strains at the maker of precision motors amid an ongoing probe into accounting issues. The commitment line agreement comprises two bilateral contracts of ¥300 billion each, unsecured and unguaranteed, with a contract period valid for one year from Nov. 7. Nidec’s stock rose as mu ...

Gerresheimer, a maker of packaging for medicines and cosmetics, said an external investigation it commissioned has found evidence of probable accounting issues from last year https://t.co/oLSEUwE59L ...