General Motors Co said on Friday it was recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch problems and loose parts and would stop sales of two new truck models with potential air bag defects.
Regions
Japan PM still 'neutral' on tax hike but recovery weak: economy minister
Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.
Searching for new supercar, Bugatti shielded from VW cost curbs
Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.
Italy's GTECH calls extraordinary meeting to approve IGT buyout
Italian gaming group GTECH said on Saturday it will hold an extraordinary shareholders' meeting on Nov. 4 to approve steps needed for the completion of its $4.7 billion buyout of U.S. slot machine maker International Game Technology.
Daimler cuts car market forecast as Europe wobbles
German luxury automaker Daimler (DAIGn.DE) has cut its growth forecast for the global car market, blaming cooler demand in emerging markets and a plunge in Russian sales which has put a fledgling European industry recovery in jeopardy.
Latest News
The U.S. Federal Communications Commission said on Friday it paused its "shot-clock" on the review of the proposed $45 billion merger between the two largest U.S. cable providers, Comcast Corp and Time Warner Cable Inc.
Liberty Interactive said on Friday its board had approved splitting into two tracking stocks, one for its cable shopping business QVC Group and the other for its digital commerce, Liberty Digital Commerce.
Microsoft Corp (MSFT.O) is demanding $6.9 million interest from Samsung Electronics (005930.KS) in a dispute over smartphone patent royalties, according to a lawsuit unsealed by a New York federal court on Friday.
Yahoo Inc plans to invest a part of the proceeds from the Alibaba Group Holding Ltd stake sale in mobile app Snapchat, which lets users send messages that disappear after a few seconds, the Wall Street Journal said.
Charles Schwab Corp. (SCHW.N) is weeks away from introducing an automated investing service aimed at winning business from novice investors it does not currently serve, company officials told Reuters.
Investors hope the Bond King can remake himself as a team player. Bill Gross last week abruptly left Newport Beach, California-based Pimco, the firm he built into a bond giant, to join Janus Capital Group (JNS.N), a small Denver firm that touts on its website how its friendly, team-oriented culture creates "strong collaborators."
The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.
Rome's opera house has sacked nearly 200 members of its permanent orchestra and chorus as Italy's worst economic crisis for decades chokes state spending on the arts.
Japan's August core machinery orders due next week are expected to rise modestly for a third straight month, a Reuters poll found - doing little to ease fears that the government's growth-promotion policies aren't working fast enough.
