Honda says to expand U.S. regional air bag recall to include California
TOKYO (Reuters) – Honda Motor Co is expanding to the state of California a U.S. regional recall of vehicles over potentially explosive air bags made by Takata Corp, the automaker said on Friday, after a complaint that said a driver was injured in an ac…
GM switch complaints began 17 years ago, long before Cobalt
DETROIT (Reuters) – General Motors car owners have been complaining to dealers about defective ignition switches since 1997, years before the automaker launched the Chevrolet Cobalt and other small cars with faulty switches linked to at least 13 deaths…
Asian stocks hit three-year peak on upbeat U.S. data
TOKYO (Reuters) – Asian shares rose to a three-year peak on Friday, though the dollar inched away from overnight highs hit on U.S. jobs data which underscored the strength of the economic recovery.
China approves Lenovo, IBM $2.3 billion server deal
BEIJING (Reuters) – The Chinese Ministry of Commerce’s anti-monopoly bureau has approved Lenovo Group’s proposed $2.3 billion deal to buy IBM Corp’s low-end server business.
GM to recall 27,051 Spark cars in Korea due to transmission defect
SEOUL (Reuters) – General Motors Co will recall 27,051 Spark mini cars in South Korea due to a defective transmission mount, the latest in a string of global recalls by the U.S. automaker.
BMW’s $1 billion plant surfs Mexican investment wave
MEXICO CITY (Reuters) – Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country’s growing industrial base and tariff-free access to the U.S. market.
U.S. urges Argentina to find solution with holdout investors
WASHINGTON (Reuters) – The United States on Thursday urged Argentina to negotiate a solution with holdout investors after a string of U.S. court decisions that have pushed the country to the brink of default.
Asian stocks, dollar rise on upbeat U.S. jobs data
TOKYO (Reuters) – Asian shares and the dollar firmed on Friday, catching a lift from U.S. stocks’ surge to record highs after U.S. jobs data showed the lowest unemployment rate in six years and underscored the strength of the economic recovery.
U.S. job growth surges, unemployment rate near six-year low
WASHINGTON (Reuters) – U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was growing briskly heading into the second half of the year.
U.S. urges Argentina to find solution with holdout investors
WASHINGTON (Reuters) – The United States on Thursday urged Argentina to negotiate a solution with holdout investors after a string of U.S. court decisions that have pushed the country to the brink of default.
