Business

Photo

Toyota recalls more cars for dangerous Takata air bags

TOKYO - Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, as a safety crisis around the Japanese auto parts maker looks far from being contained.

Recent Business News

Yellen's 'optimal' model calls for rate hike this year, in theory

WASHINGTON - Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen's own priorities points to a rate increase by the end of this year.

26 Nov 2014

Behind Google's Europe woes, American accents

BRUSSELS - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.

Tech, Media 26 Nov 2014

Nigeria's parliament says Shell should pay $4 billion for 2011 oil spill

ABUJA - Nigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment of damage to the environment.

New home sales rise in October, but September revised down

WASHINGTON, Nov 26 - Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.

26 Nov 2014

OPEC heading for no output cut despite oil price plunge

VIENNA - OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June. | Video

26 Nov 2014

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary