Asian shares fall for third day on global growth concerns

HONG KONG - Asian shares fell for a third straight day on Wednesday as weak manufacturing reports from China, the United States and Europe fueled worries about slowing global growth, while the dollar took back some ground lost in the previous session to the safe-haven Japanese yen.

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Japan lawmakers urge bourse, regulators to be tough on Toshiba

TOKYO - Toshiba Corp's second postponement of its annual results due to newfound accounting errors should be met with a tough response from regulators, Japanese lawmakers urged on Wednesday.

Kmart pays $1.4 million to settle U.S. charges over Medicare inducements

WASHINGTON/NEW YORK - Kmart Corp has paid $1.4 million to settle U.S. allegations that it violated the federal False Claims Act by inducing Medicare beneficiaries to fill prescriptions at its pharmacies, the Department of Justice said on Tuesday.

01 Sep 2015

Pilots' union threatens renewed strikes at Lufthansa

FRANKFURT - Pilots union Vereinigung Cockpit (VC) threatened renewed strike action at Lufthansa, saying the German flag carrier had rejected its offer of concessions in a long-running dispute that has cost the airline hundreds of millions of euros.

4:08am EDT

Hit by cheap oil, Canada's economy falls into recession

OTTAWA - The Canadian economy shrank again in the second quarter, putting the country in recession for the first time since the financial crisis, with a plunge in oil prices spurring companies to chop business investment.

01 Sep 2015

Google redesigns iconic logo for the fifth time

- Google Inc unveiled a redesign of its iconic logo on Tuesday, the fifth such modification since the search engine giant started in 1998, the company said in a blog post.

01 Sep 2015


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