Japanese authorities have ordered Olympus to pay about $63 million in back taxes and penalties, reports said on Wednesday, as the disgraced firm tries to recover from a loss cover-up scandal.

The lia

Japan's Sony will inject about $623 million into troubled Olympus as the camera and medical equipment maker rebuilds its finances after a massive cover-up scandal, reports said Friday.

The 50-billion

Scandal-hit Japanese camera and medical equipment maker Olympus said on Friday it will cut 2,700 jobs as part of a wider restructuring as it tries to recover from a loss cover-up scandal.

The firm's

Scandal-hit Japanese camera maker Olympus is in separate talks with Sony and Panasonic for a possible tie-up as it looks to rescue itself after a huge losses cover-up, a report said on Wednesday.

In

A top executive of Japan's scandal-ridden Olympus Corp was found hung to death outside his apartment in Gurgaon in a likely suicide, police said on Tuesday.

Tsutomu Omori, 49, head of the company's m

An Olympus Corp executive found dead in India in an apparent suicide is likely to have had no link to the Japanese endoscope maker's accounting scandal, a company spokeswoman said on Wednesday.

Tsuto

The former president of under-fire Olympus has been arrested in Tokyo, prosecutors said on Thursday, in one of the biggest ever financial scandals to rock corporate Japan.

Scandal-hit Olympus on Monday reported a net loss of 33.08 billion yen ($426 million) for the nine months to December amid a massive accounting cover-up that has tarnished the image of corporate Japan

Sony Corp is the leading contender among firms jostling for an equity stake in Olympus Corp, Japanese business weekly Diamond reported on its website, as the scandal-hit medical equipment maker moves

A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.