UPDATE 1-GM settles hundreds of ignition switch lawsuits
NEW YORK, June 23 General Motors Co has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in its vehicles, a Friday court filing shows.
(Removes incorrect milestone in lead paragraph about VNG likely to be first overseas listing by a Vietnam firm)
HANOI May 30 Vietnamese online gaming and messaging firm VNG Corp said on Tuesday it has signed a preliminary agreement with U.S. bourse operator Nasdaq Inc to explore an IPO.
The agreement, which could see Nasdaq help VNG prepare for the listing, was signed on the sidelines of Vietnam Prime Minister Nguyen Xuan Phuc's visit to the United States, the first by a Southeast Asian leader since Donald Trump became U.S. president.
Founded in 2004, VNG provides online games, music streaming and messaging applications. Its statement did not disclose details about the IPO plans. The company was not immediately available for comment.
Communist-ruled Vietnam, a country of 93 million, has been supporting its start-up and technology firms as it reforms its economy to eventually rely less on cheap labour and low-tech industries.
Other Vietnamese companies are also eyeing overseas listings. Budget carrier VietJet, which has a market value of $1.7 billion, said in January it has revived plans for an overseas listing. (Reporting by My Pham; Editing by Mai Nguyen and Muralikumar Anantharaman)
SAO PAULO, June 23 Brazil's agriculture minister prepared to travel to the United States on Friday to fight a ban on imports of fresh Brazilian beef, which hit shares of local meatpackers and revived concerns about the image of the world's largest beef exporter.
* U.S. FDA approves Bevyxxa® (Betrixaban) first and only anticoagulant for hospital and extended duration prevention of Venous Thromboembolism (VTE) in acutely ill medical patients