SINGAPORE Asian shares on Wednesday followed in the footsteps of Wall Street, which pulled back overnight on disappointing earnings, while the dollar strengthened and oil prices extended this week's losses.
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TOKYO Toyota Motor Corp on Wednesday said it was recalling about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. , including those used as replacement parts following a 2010 recall.
The Obama administration on Tuesday called on U.S. states to ban agreements prohibiting many workers from moving to their employers' rivals, saying it would lead to a more competitive labor market and faster wage growth.
Exclusive: Slim in talks with Spanish firms for bid on $3.5 billion Mexico airport terminal - sources
MEXICO CITY/MADRID Tycoon Carlos Slim's construction arm is in talks with his majority-owned construction firm FCC and rival Spanish builder Acciona to jointly bid on a coveted $3.5 billion (2.87 billion pounds) Mexico City airport terminal project, five people familiar with the matter said.
SINGAPORE Some start-ups are taking on one of air travel's last undisrupted bastions - the economy-class cabin. While first and business class travelers have long enjoyed comfort upgrades, there's been less attention to innovation at the rear of the plane. "We want to make travel memorable and comfortable for all of us, not just the top 1 percent," Alireza Yaghoubi, founder of Singapore-based AirGo, told a recent start-up conference to pitch his superlight economy-class seat. H
LONDON Britain has fined Vodafone a record 4.6 million pounds ($5.60 million) for "serious and sustained" customer failures, including not updating accounts when mobile phone users topped up their credit to make calls.