October 17, 2017

Mercedes recalls 400,000 UK cars on airbag fault

LONDON, Oct 17: Mercedes-Benz is recalling 400,000 UK cars owing to a fault that may deploy an airbag by error, the company said on Monday (Oct […]
October 17, 2017

Airbus to take majority stake in Bombardier C-Series jet program

MONTREAL/PARIS, Oct 17: Airbus SE agreed on Monday (Oct 16) to buy a majority stake in Bombardier Inc’s C-Series jetliner program, grabbing control of a struggling […]
October 16, 2017

Time running out for NAFTA talks, set to be extended: Sources

ARLINGTON, Oct 16: Negotiators at talks to modernize NAFTA are running out of time and look set to extend the remaining rounds in a bid to […]
October 16, 2017

British PM in Brussels Monday to meet EU chief Juncker: Source

LONDON, Oct 16: British Prime Minister Theresa May will travel to Brussels on Monday to meet with European Commission President Jean-Claude Juncker, ahead of a decisive […]
October 15, 2017

Ivanka Trump touts launch of World Bank businesswomen’s fund

WASHINGTON, Oct 15: Ivanka Trump, President Donald Trump’s daughter and a White House adviser, on Saturday (Oct 14) touted the creation of a new World Bank […]
October 15, 2017

Germany’s Schaeuble assails protectionism at IMF summit

WASHINGTON, Oct 15: German Finance Minister Wolfgang Schaeuble assailed the rise in protectionism and anti-free-trade sentiment Saturday in a statement that appeared aimed at the administration […]
October 14, 2017

IMF, Spain warn on economic growth as Catalan crisis persists

MADRID, Oct 14: The International Monetary Fund and the Spanish government warned on Friday (Oct 13) the country’s economic growth could be dealt a blow if […]
October 14, 2017

Japan’s Kobe Steel scandal spreads, 500 firms affected

TOKYO, Oct 14: Japan’s Kobe Steel admitted on Friday (Oct 13) that a snowballing falsified data scandal had affected around 500 customers, more than twice as […]
October 14, 2017

What’s at stake for business in Iran’s nuclear deal

PARIS, Oct 14: If the Iran nuclear deal fails then all the countries involved have a lot to lose – and not just for political and […]
October 13, 2017

Ringgit opens moderately higher against USD

KUALA LUMPUR, Oct 13: The ringgit rebounded slightly from yesterday’s close to open moderately higher against the US dollar today as investors remained concerned ahead of the […]
October 13, 2017

Global economy chiefs told to reform while going is good

WASHINGTON, Oct 13: Finance chiefs from around the world were warned on Thursday (Oct 12) to get their houses in order while the global economy is […]
October 13, 2017

Tesla to recall 11,000 Model X SUVs due to seat issue

REUTERS, Oct 13: Electric carmaker Tesla Inc is recalling 11,000 Model X sport utility vehicles worldwide due to a faulty locking mechanism in their rear seats […]
October 13, 2017

Overcoming roadblocks, bitcoin takes flight again

PARIS, Oct 13: Bitcoin may be in for a sustained record run as it overcomes key obstacles, experts said on Thursday (Oct 12) after the cryptocurrency […]
October 12, 2017

Ringgit opens higher against USD

KUALA LUMPUR, Oct 12: The ringgit opened higher against the US dollar today as concern over the re-emerged possibility of US interest rate increase shifted investors’ […]
October 12, 2017

Toyota plans to halve Japan car models by 2025: source

TOKYO, Oct 12: Toyota Motor Corp is planning to halve the number of cars it sells in Japan to about 30 by 2025 as it consolidates […]
October 12, 2017

Singapore to house one of Alibaba’s new global research labs

SINGAPORE, Oct 12: Chinese Internet behemoth Alibaba will open a research lab here in Singapore, as part of its new global research programme called the Alibaba […]
October 12, 2017

Oculus unveils standalone virtual reality headset

SAN JOSE, Oct 12: Facebook chief Mark Zuckerberg on Wednesday (Oct 11) unveiled a new Oculus virtual reality headset untethered from computers as part of a […]
October 12, 2017

Asia stocks near decade-high on global equity surge, dollar sags

TOKYO, Oct 12: Asian stocks were near a decade high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the […]