U.S. government safety regulators on Thursday told Chrysler Group LLC Chief Executive Sergio Marchionne that the company "have to get their act in gear" to speed up repairs of recalled Jeep SUVs that face a heightened fire risk.
Taylor Swift's "1989" topped the U.S. Billboard 200 album chart for the third consecutive week on Wednesday. The most pop-oriented turn from the onetime country singer sold 312,000 copies last week, according to figures compiled by NielsenSoundscan. "1989" is the second album of the year, behind the soundtrack to Disney's animated film "Frozen," to spend at least three weeks atop the chart.
France has confirmed the selection of 12 Airbus A330 refueling tankers for the French Air Force, Airbus Group said on Thursday.
Singapore said on Friday it plans to regulate fast-growing third-party taxi booking services like Uber and GrabTaxi for the first time, capping fees and requiring them to dispatch only licensed cabs and drivers.
China Railway Construction Corp (601186.SS) (1186.HK) has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African nation's coast, Chinese state news agency Xinhua said on Thursday.
In a front overlap crash safety tests of four minivans sold in the United States, only the latest model of the Toyota Motor Corp Sienna scored well, the Insurance Institute for Highway Safety said on Thursday.
Japanese Prime Minister Shinzo Abe said on Friday if the country returns to a period of excessive yen strength it would lead to a further hollowing out of manufacturing and job losses.
Telecom Italia (TLIT.MI) will examine a possible tie-up between its Brazilian unit Tim Participacoes (TIMP3.SA) and local group Oi (OIBR3.SA), it said as it announced the sale of mobile phone masts for more than 900 million euros ($1.1 billion).
Boeing Co (BA.N) on Friday welcomed a decision by Japan to buy V-22 Osprey tilt-rotor aircraft that it builds together with Bell Helicopter, a unit of Textron Inc (TXT.N).
European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth.
Chinese Premier Li Keqiang has called for "new growth engines" to counter slowing growth in the world's second largest economy, Xinhua reported late on Friday.
Bank of America has hired two U.S. government officials to join its financial crimes team, according to three people familiar with the matter, as banks are under increasing pressure to police their transactions for suspicious activity.
The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc (BKW.N) of Canada's iconic coffee-and-donut Tim Hortons Inc (THI.TO), Industry Minister James Moore said on Friday.
American Airlines Group Inc (AAL.O) subsidiary Envoy Air plans to transfer at least 50 Embraer 145 (EMBR3.SA) aircraft to other regional carriers beginning in early 2015 in a move that will lead to job cuts, according to an internal letter reviewed by Reuters.
Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday night came five months after the U.S. Supreme Court said Aereo violated broadcasters' copyrights by capturing live and recorded programs on miniature antennas and transmitting them to subscribers who paid $8 to $12 a month.
World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a surprise interest rate cut and the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.
The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's (GOOGL.O) search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search market.
Jean-Claude Juncker will unveil a much anticipated 300-billion-euro ($370 billion) investment plan on Wednesday that is meant to trigger economic growth in the European Union.
U.S. stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.
The Pentagon said on Friday it had awarded Lockheed Martin Corp (LMT.N) a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch.
Recently released Chinese data suggest a grim economic outlook for the country. Foreign direct investment has been consistently declining; consumer price index showed some stability this month but remained below 2 percent, flash manufacturing PMI also declined in November and gross domestic product fell to its slowest pace since the global financial crisis, registering 7.3 percent year-on-year expansion in the third quarter.
While the fall in the oil prices is generally regarded as positive for many businesses, it has a major influence on inflation expectations, interest rates and bond prices at the global level.
- Telecom Italia seals $1 billion masts deal, to examine tie up with Oi
- Boeing welcomes Japan decision to buy V-22s
- Canada sees Burger King/Tim Hortons decision before Christmas
- Video streaming service Aereo files for bankruptcy
- Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
- Brazil meat company JBS to buy Australia's Primo for $1.25 billion
- Chinese team arrives in Liberia to staff Ebola clinic
- Putin says Russia won't demand early repayment of $3 billion lent to Ukraine
- From Monet to Picasso, L.A. museum gets major gift from mogul
- Ebola crisis highlights China's philanthropic shortfall
- Dallas Zoo sells rights to name baby giraffe for $50,000
- U.S. student debt burden falling more on top earners, easing bubble fears
- PBOC cuts benchmark interest rates
- Falling oil prices influencing global monetary policies
- Singapore to regulate taxi-booking apps Uber, GrabTaxi
- U.S. housing regulator to unveil mortgage fees framework in 2015
- BOE minutes released from MPC meeting: bank rate vote split at 7-2 again
- Monetary policy divergence to drive forex markets in 2015
- ECB Draghi: Relationship of financial fragmentation and monetary policy & the Eurosystem’s collateral framework
- Weekly Economic Recap: US Growth performance in line with projections; UK Growth and inflation forecasts lowered; Japan GDP data takes centre stage
- Economics Monitor
- Entrepreneur, 13, gets Intel funding for low-cost Braille printer
- PepsiCo President Zein Abdalla to retire
- Bank of Japan Governor Haruhiko Kuroda's speech in Tokyo Ensures Achievement of the Price Stability Target of 2 percent through QQE
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- Little-known Taiwanese chip designer spawns low-priced smartphone boom
- Boeing welcomes Japan decision to buy V-22s
- U.S. regulator to Chrysler's Marchionne: get act in gear on Jeep recall
- NSA chief warns Chinese cyber attacks could shut U.S. infrastructure
- American Airlines unit to transfer 50 regional aircraft, cut jobs
- Deal to spur better 911 call locating for U.S. cellphone users
- European Parliament may propose Google break-up in draft resolution
- Draghi throws ECB door open to money printing as global prospects dim