Belfast Telegraph

Olympus settles CEO row

Olympus says it has reached a settlement with Briton Michael Woodford, who had been suing in the UK over his dismissal as chief executive of the Japanese camera maker.

Mr Woodford was fired in October after he blew the whistle on dubious accounting at Olympus. The Tokyo-based company has acknowledged it hid 117.7bn yen (£950m) in investment losses. Terms were not disclosed.