BRIEF-Vexim announces another major step towards SpineJack commercialization in US
* Finalizes recruitment of patients for international clinical study, supporting the 510 (k) regulatory approval application to the FDA
Japanese machinery maker Toyota Industries Corp (6201.T) plans to invest about 300 billion yen ($3.18 billion) over the next three years as it looks to make itself more competitive, the Nikkei said.
The company will make the investments through fiscal 2015, its new President Akira Onishi told the Japanese daily.
Toyota Industries will expand its overseas output of car air-conditioner parts and other products, as well acquire businesses, the Nikkei reported. (link.reuters.com/tef88t)
The company acquired the U.S.-based lift truck parts maker Cascade Corp in October 2012 to boost its global customer base.
Toyota Industries' automobile division was spun off in 1937 to form Toyota Motor Corp (7203.T). ($1 = 94.2250 Japanese yen)
(Reporting By Maria Ajit Thomas in Bangalore; Editing by Sriraj Kalluvila)
LONDON, Feb 21 Russian state oil firm Rosneft has become the first major oil firm to pre-finance crude exports from Iraq's Kurdistan, joining trading houses in the race for crude from the semi-autonomous region.
* Solar technology group will sell a share of 50 percent of its project in Altenberg-Zinnwald to Bacanora Minerals Ltd