Toyota Motor Corp (7203.T) will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said on Friday.
Regions
Thyssen CEO says sale of submarine unit possible
ThyssenKrupp would consider a sale of the group's military submarine business under certain conditions, the German steel maker's chief executive told daily Sueddeutsche Zeitung.
Australia's Medibank IPO prices at A$2.15 a share, raising A$5.7 billion
Australia said on Sunday it would list state-owned health insurer Medibank Private Ltd (MPL.AX) with a market capitalization of A$5.679 billion ($4.9 billion), exceeding the top end of a range indicated in its IPO filing a month earlier.
Global M&A deals cross $3 trillion for first time since 2007
Mergers and acquisition deals announced so far this year have topped $3 trillion, the highest since 2007, helped by mega deals in the healthcare, energy and power sectors.
Amazon plans ad-supported video streaming service: NY post
Online retailer Amazon.com Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources.
Latest News
Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.
Brazil's JBS SA (JBSS3.SA), the world's largest beef exporter, said on Friday its $1.25 billion purchase of Australian processed foods producer Primo Smallgoods would increase its presence in Asia.
The Chinese government and banks will finance Chinese companies to build $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday.
U.S. President Barack Obama will attend India's Republic Day celebrations in January as chief guest, a sign of steadily expanding ties between two countries that share concerns about China's growing power in Asia.
China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.
A flurry of private Chinese investment into Hollywood should prompt Beijing to loosen its restrictions on U.S. film imports, the mayor of Los Angeles said in China on Friday as he urged officials to raise the country's annual cap on foreign films.
A 1914 watercolour by Adolf Hitler fetched 130,000 euros ($161,000) at auction in the German city of Nuremberg on Saturday, the auctioneers said.
China's Industrial and Commercial Bank (ICBC) signed a pact with the Los Angeles city government to promote cross-border yuan trade and set up an offshore renminbi center in California, the bank said on Saturday.
Telecom Italia (TLIT.MI) will examine a possible tie-up between its Brazilian unit Tim Participacoes (TIMP3.SA) and local group Oi (OIBR3.SA), it said as it announced the sale of mobile phone masts for more than 900 million euros ($1.1 billion).
