Result Page 371 for Archives

Toyota recalls 247,000 vehicles in U.S. over Takata air bag issue

Toyota Motor Corp (7203.T) recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because they are equipped with potentially defective front passenger air bag inflators from Japan's Takata Corp (7312.T) that can rupture and spray metal shrapnel, according to U.S. safety regulators.

Oct 20, 2014 10:59 AM EDT

Markets

Dollar edges higher on strong U.S. consumer sentiment data

The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves after a week of severe market volatility.

Apple's new iPads sport modest upgrades but short on 'wow'

Apple Inc's (AAPL.O) faster, slimmer iPads come with modest improvements, such as a fingerprint sensor, but some analysts say it offers few other features to wow consumers ahead of a holiday shopping season expected to be swamped by mobile devices.

World

Russia and Ukraine reach tentative gas deal in tough Milan talks

Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.

U.S. housing recovery rolls on as groundbreaking rises

U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy.

Oct 17, 2014 11:41 AM EDT

Exclusive: Indonesia's new president plans steep fuel price rises next month

Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.

Oct 17, 2014 11:34 AM EDT

GE profit tops views as cost cuts drive margins; shares up

General Electric Co (GE.N) reported a slightly higher-than-expected quarterly profit on Friday, with cost cuts that helped boost margins across its industrial businesses offsetting revenue that missed analysts' targets.

Oct 17, 2014 11:29 AM EDT

Wind blows away fossil power in the Nordics, the Baltics next

Wind power is blowing gas and coal-fired turbines out of business in the Nordic countries, and the effects will be felt across the Baltic region as the renewable glut erodes utility margins for thermal power stations.

Oct 17, 2014 11:22 AM EDT

Wall Street climbs at open on solid earnings

U.S. stocks were higher at the open on Friday, following a batch of solid earnings reports that eased concerns about the impact of weak global demand on U.S. growth and businesses.

Oct 17, 2014 11:15 AM EDT

Volkswagen to recall over 580,000 cars in China: government

Volkswagen AG told China's quality watchdog that it planned to recall more than 580,000 cars in the country, after the agency launched an investigation in August.

Oct 17, 2014 11:08 AM EDT

Beware: Some Medicare Advantage plans have plenty of disadvantages

Seniors have flocked to Medicare Advantage in recent years, attracted by savings on premiums and the convenience of one-stop shopping. But as the annual Medicare enrollment season began this week, a memorandum from federal officials to plan providers surfaced that serves as a big red warning flag.

Oct 16, 2014 12:22 PM EDT