News Headlines - 15 July 2016

▽Takata Settles Airbag Suit, Averting Testimony by Its Chief - The New York Times

The airbag maker Takata on Friday settled a closely watched lawsuit involving the injury and eventual death of a woman whose car crashed in 2014.
The settlement was announced moments before a critical hearing in which a judge in Jacksonville, Fla., could have ordered the company’s chief executive, Shigehisa Takada, to testify in the case.
Even the lawyer representing the family of the victim, Patricia Mincey, said the sudden turn of events was unexpected.

▽Japanese, US former officials to advise AIIB - Chinadaily.com.cn

The Asian Infrastructure Investment Bank has appointed two former senior officials from Japan and the United States to its international advisory panel, a source from the bank told China Daily on Thursday.
The US and Japan have declined to join the Beijing-based bank.
Yukio Hatoyama, a former Japanese prime minister, and Paul W. Speltz, former US executive director and ambassador to the Asian Development Bank, will join the panel, said the source, who spoke on condition of anonymity.

▽Crisis-hit Greece to recruit man's best friend to sniff out tax dodgers | Reuters

Greece will be recruiting dogs to sniff out potential tax dodgers trying to take cash out of the crisis hit country, where mass bank withdrawals prompted capital controls last year.

▽Known for jokes and insults, Boris Johnson takes helm of British diplomacy | Reuters

July 13 Boris Johnson, Britain's most colourful politician with a long record of gaffes and scandals, was appointed as foreign secretary on Wednesday in a surprise move by new Prime Minister Theresa May that could shake up world diplomacy.

▽Larry the cat escapes Downing Street eviction - BBC News

Larry the cat is to keep his job - and home - in Downing Street after it was confirmed he would be spared eviction when David Cameron leaves on Wednesday.