Ford Motor Co (F.N) on Tuesday said it is recalling about 65,000 Fusion sedans in North America because the key can be removed from the ignition even if the car is not in the "park" position 30 minutes after the ignition is off, the company said.
Sectors
Blackstone chases Buffett with 'core' private equity
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter
J&J seeks over $5 billion in damages from Boston Scientific at trial
Nearly a decade after losing a bidding war for device maker Guidant to Boston Scientific Corp, Johnson & Johnson finally has a chance for payback at a multibillion-dollar trial set to begin on Thursday.
KKR, CD&R prepare joint bid for PetSmart
Buyout firms KKR & Co LP (KKR.N) and Clayton, Dubilier & Rice LLC (CD&R) have teamed up to take PetSmart Inc (PETM.O) private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up.
OECD ups India growth outlook, urges structural reforms
India's economy will accelerate in 2015 but will fail to attain the heady growth rates of the past decade without sweeping structural reforms, the Organisation for Economic Cooperation and Development said on Wednesday.
Latest News
Volkswagen AG's (VOWG_p.DE) growth in China is expected to slow to around 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, the head of its Chinese operations said on Tuesday.
European planemaker Airbus aims to deliver the first A350 jetliner to launch customer Qatar Airways by mid-December, the airline said on Tuesday.
Finland's Nokia (NOK1V.HE) launched a new brand-licensed tablet computer on Tuesday which is designed to rival Apple's(AAPL.O) iPad Mini, just six months after the company sold its ailing phones and devices business to Microsoft (MSFT.O) for over $7 billion.
Low oil prices that threaten producers' profits may be a boon in one way, as they force service companies to keep prices low for the drill bits, cement and piping for oil extraction, even if two of the largest providers of such products merge.
For months, a powerful U.S. senator has been pushing for details of a murky deal under which a Russian manufacturer supplies the rocket engines used to launch America’s spy satellites into space.
The U.S. auto safety regulator on Tuesday called on Japanese supplier Takata and five automakers to expand nationwide a regional recall of potentially deadly air bags, increasing pressure on the industry to act more swiftly in the growing scandal.
Finland's Nokia (NOK1V.HE) announced a brand-licensed tablet computer which runs on Google's (GOOGL.O) Android platform, just six month after the company sold its ailing phones and devices business to Microsoft (MSFT.O) for over $7 billion.
Japan's Sony Corp (6758.T) said it is aiming to lift its movie and TV revenue by more than a third in the next three years as it cuts costs and invests in potential hit films, including a new Spider-Man movie.
Merger talks between Hasbro Inc and DreamWorks Animation SKG Inc formally ended on Monday morning, when the toy company's board voted to walk away, according to a person with knowledge of the board's actions.
