U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama's efforts to strengthen U.S. economic ties with Asia.
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Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.
Summer travel on U.S. airlines is expected to reach an all-time high this year on the wings of a strong U.S. economy, Washington-based trade group Airlines for America said on Monday.
Honda Motor Co (7267.T) on Thursday recalled close to 5 million vehicles fitted with potentially faulty Takata Corp (7312.T) air bag inflators, as investigations showed the problem behind one of the biggest auto safety crises may be more widespread than thought.
A 12-nation Pacific trade agreement cleared a crucial test in the U.S. Senate on Thursday, giving a resounding thumbs-up to legislation that holds the key to President Barack Obama's diplomatic pivot to Asia.
Japan's three biggest carmakers said on Wednesday they would expand a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying they were taking back millions of vehicles worldwide for investigation.
Japan's Takata Corp (7312.T) said it expects to return to profit this financial year on higher Asian and U.S. sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding air bags.
Bombardier Inc outlined plans to list a minority stake in its rail unit on Thursday, as it reported a quarterly profit that topped market expectations. The initial public offering is expected to take place in the fourth quarter and the main listing is likely to be in Germany, where its rail business is headquartered.
Ford Motor Co (F.N) said on Wednesday it is recalling more than 591,000 vehicles in North America for four separate problems, including possible broken bolts that could make steering more difficult.
China's top two trainmakers have been in discussions with Bombardier Inc (BBDb.TO) about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct knowledge of the matter said.
Canada must make a meaningful offer to open its markets under a Pacific trade pact now that the United States is moving ahead with a key piece of trade legislation, New Zealand Trade Minister Tim Groser said on Friday.
Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on global rivals.
Cirque du Soleil is in advanced talks with two private equity consortia about selling a majority stake in what is the largest theatrical production company in the world, according to people familiar with the matter.
Japan and Taiwan have imposed trade restrictions on poultry and poultry products from Ontario, the Canadian Food Inspection Agency said on Tuesday, a day after bird flu was confirmed in the Canadian province.
Best Buy Co Inc (BBY.N) plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer's second-largest market, in a move that will hurt earnings this year, the company said on Saturday.
