United States

Mazda to recall 52,000 cars in Japan over Takata air bags

Mazda Motor Corp (7261.T) said on Friday it would recall 52,000 cars in Japan to investigate potential defects in Takata Corp (7312.T) air bags.

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Canada Black Friday, Cyber Monday weekend spending up

Deals on clothing and cameras helped spur Canadian shoppers to spend more during the most recent Black Friday and Cyber Monday weekend than they did in 2013, according to a report by Canada's largest payments processor.

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Iran hackers may target U.S. energy, defense firms, FBI warns

The Federal Bureau of Investigation has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential agency document.

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As Japan burns more coal, climate policies under pressure

Once at the forefront of the fight against global warming, Japan is now facing calls from other big economies such as China to set fresh emissions targets as Tokyo increases its use of dirty coal energy to replace nuclear.

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Italy, Turkey to service F-35 jet, engine in Europe: Pentagon

The Pentagon on Thursday said Italy and Turkey would provide initial heavy maintenance of Lockheed Martin Corp's new F-35 fighter jet and its engine in Europe from 2018, paving the way for billions of dollars in work by companies there.

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Trillion dollar IT trade deal on a knife-edge at the WTO

A trillion dollar deal at the World Trade Organization to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said on Thursday.

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Pacific trade pact chances 'significantly' better than 50-50: Obama

Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.

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Fiat Chrysler says no plan to move Ferrari's tax base outside Italy

Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy.

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Kerry feels heat on Keystone oil pipeline at U.N. climate talks

U.S. Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline.

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Wal-Mart names new U.S. COO in latest management shuffle

Wal-Mart Stores Inc promoted Judith Mckenna, a 20-year company veteran, to the post of chief operating officer in the retailer's latest reshuffling of senior management under U.S. chief Greg Foran.

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OPEC cuts 2015 demand forecast for its oil to lowest in a decade

Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom.

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Congress reaches deal for $1.1 trillion U.S. spending bill

Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February.

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BP to spend $1 billion on hundreds of job cuts, restructuring

BP will cut hundreds of jobs across its global oil and gas business by the end of next year in a $1 billion restructuring program announced on Wednesday following steep falls in oil prices.

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U.S. employers are posting a lot more job openings

The number of job openings in the United States rose to a near 13-year high in October, a hopeful sign for the U.S. economy and labor market.

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Hyundai recalls 42,925 sedans in U.S. for possible brake light issue

Hyundai Motor Co is recalling 42,925 sedans in the United States due to potentially faulty brake lights, according to documents filed with U.S. safety regulators.

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