Reuters Morning Digest: April 20, 2016

Click to View in Browser Wednesday, April 20, 2016 Mitsubishi Motors says it manipulated fuel economy tests, shares tumble TOKYO (Reuters) - Mitsubishi Motors Corp said it falsified fuel economy test data to make emissions levels look more favorable, and its shares slumped more than 15 percent, wiping $1.2 billion from its market value on Wednesday. U.S. defense chief lays ground for Obama meeting with Gulf allies RIYADH (Reuters) - U.S. Defense Secretary Ash Carter and his Gulf Arab counterparts met in Riyadh on Wednesday to discuss ways to counter Iran and fight the Islamic State group, laying the ground for President Barack Obama's arrival in Saudi Arabia later in the day. VW resists move for trial instead of EPA settlement BERLIN (Reuters) - Volkswagen is resisting a demand from plaintiffs in the United States to go to trial rather than settle its diesel emissions case with the Environmental Protection Agency, according to a court filing. Yahoo results edge past estimates in good sign for sale of business San Francisco (Reuters) - Yahoo Inc's first-quarter results beat Wall Street estimates by a hair on Tuesday in what was taken as a good sign for the web pioneer's plan to auction its core business. Half Australia's Great Barrier Reef coral 'dead or dying': scientists SYDNEY (Reuters) - Australian scientists said on Wednesday that just seven percent of the Great Barrier Reef, which attracts around A$5 billion ($3.90 billion) in tourism every year, has been untouched by mass bleaching that is likely to destroy half the coral. Sky withdraw Henao over biological data concerns LONDON (Reuters) - Colombian rider Sergio Henao has been withdrawn from racing by Team Sky after concerns re-surfaced about his biological data, the British outfit said on Wednesday. Star Wars cast design their own BB-8s LONDON - The cast of "Star Wars: The Force Awakens" and a range of British celebrities have showcased a collection of droids inspired by BB-8 in a fundraising auction and exhibition in London. French baker fires his savior instead of giving him his business PARIS (Reuters) - A French baker who promised to give his business to the homeless man that saved his life has fired him instead. Related Video Kabul still shaken day after deadly attack Kabul still shaken day after deadly attack Great Debate Restoring green to a city's concrete hardscape Betrayal is at the heart of U.S. politics A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook