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(713 results)- Honda to Recall 440,000 Cars Globally Over Airbags
- TOKYO (Reuters) - Honda Motor Co said on Wednesday it would recall 437,763 vehicles globally for defective airbags.The automaker said that this includes 4,042 cars in Japan and that there had been no accidents related to the airbags reported outside the United States.Reporting by Taiga Uranaka
- News items 2010-02-09
- Wall St Rises on Reports of Help For Greece
- By Caroline ValetkevitchNEW YORK (Reuters) - The Dow posted its largest one-day percentage gain in three months on Tuesday, boosted by reports of an aid plan for heavily indebted Greece.A senior German ruling coalition source said euro zone governments have decided in principle to help Greece, comments that calmed investors...
- News items 2010-02-09
- Inside Toyota's Epic Breakdown
- By Nathan Layne, Taiga Uranaka and Kevin KrolickiTOYOTA CITY, Japan/DETROIT (Reuters) - Toyota Motor Corp, the world's most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on taxpayer-funded life support.But...
- News items 2010-02-09
- Toyota Recalls New Prius in Latest Safety Fix
- By John Crawley and Soyoung KimWASHINGTON/DETROIT (Reuters) - The spiraling crisis at Toyota Motor Corp deepened on Tuesday as the automaker said it would recall thousands of Camry sedans as well as nearly half a million new Prius and other hybrid cars to fix steering and braking problems.U.S. regulators also...
- News items 2010-02-09
- Toyota to Recall More 2010 Camrys in U.S.
- DETROIT (Reuters) - Toyota Motor Corp will recall 7,314 model-year 2010 Camry sedans in the United States due to the risk that a potential defect in steering may make it harder for drivers to stop the vehicle.In a document sent to U.S. dealers on Tuesday and obtained by...
- News items 2010-02-09
- MetLife May Pay AIG in Stock, Cash For Unit: Source
- By Paritosh BansalNEW YORK (Reuters) - MetLife Inc MET plans to pay American International Group Inc AIG in stock and cash for American Life Insurance Co Alico, as the two sides negotiate what could be a roughly $15 billion deal, a source familiar with the matter said on Tuesday.MetLife, the...
- News items 2010-02-09
- Obama Courts Republican Support on Jobs, Deficit
- By Jeff MasonWASHINGTON (Reuters) - President Barack Obama sought common ground with Republicans on Tuesday on his top policy priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.Obama, a Democrat, met with congressional leaders from both parties at the...
- News items 2010-02-09
- European Governments Agree to Help Greece: Source
- By Matthias SobolewskiBERLIN (Reuters) - European governments have agreed in principle to help heavily indebted Greece, a senior German coalition source said on Tuesday, in what would be the first rescue of a euro zone member in the currency's 11-year history."The decision on help for Greece has been taken in...
- News items 2010-02-09
- U.S. Job Openings Rise, Hirings Steady in December
- WASHINGTON (Reuters) - U.S. job openings rose in December and the number of unemployed workers fell, according to a government report on Tuesday that supported views the labor market was on the brink of recovery.Job openings edged up to 2.5 million from 2.4 million in November, the Labor Department said...
- News items 2010-02-09
- Coca-Cola Volume Improves, Led By Emerging Markets
- By Brad DorfmanCHICAGO (Reuters) - Coca-Cola Co KO reported a quarterly profit in line with analysts' estimates as strong volume in China, India and Brazil offset a decline in North America.Lower costs also helped lift profit at the world's largest soft-drink maker, which gained market share in both the carbonated...
- News items 2010-02-09
- Pulte Posts Smaller Quarterly Loss
- NEW YORK (Reuters) - Pulte Homes Inc PHM, the biggest U.S. homebuilder, reported a smaller fourth-quarter net loss on Tuesday, helped by tax benefits.The net loss narrowed to $116.9 million, or 31 cents per share, from $338.2 million, or $1.33 per share, a year earlier.Based in Bloomfield Hills, Michigan, Pulte...
- News items 2010-02-09
- Oil Rises Above $72 on Weaker Dollar, Buying
- By Emma FargeLONDON (Reuters) - Oil rose above $72 a barrel on Tuesday due to a weaker U.S. dollar and robust buying interest as investors looked for bargains following last week's price slide to near two-month lows.The U.S. dollar fell from a recent 8-1/2 month high against the euro, on...
- News items 2010-02-09
- China's CIC Gives Breakdown of U.S. Equity Stakes
- BEIJING (Reuters) - China Investment Corp CIC, the country's $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks.A filing with the U.S. Securities and Exchange Commission detailed equity holdings in U.S. listed companies and funds worth $9.63 billion at the end...
- News items 2010-02-09
- Swatch Sees Sales Pick-up, Aims For Record Year
- By Katie ReidZURICH (Reuters) - Swatch Group, the world's largest watchmaker by sales, said it is aiming for its best year ever in 2010 after seeing a strong pick-up in sales in January and February, easing worries that a flagging economic recovery might hit demand."We see high double-digit sales growth...
- News items 2010-02-09
- Nissan Returns to Q3 Profit, Lifts Forecast
- By Yumiko NishitaniYOKOHAMA, Japan (Reuters) - Nissan Motor Co , Japan's third-largest automaker, returned to quarterly profit on Tuesday and lifted its outlook for the second time, as brisk global sales signal the worst may be over for the auto industry.Nissan joins Toyota Motor Corp and Honda Motor Co...
- News items 2010-02-09
- Toyota Pledges More Responsiveness to U.S. Regulators
- WASHINGTON (Reuters) - Toyota Motor Corp President Akio Toyoda wrote in an article published on Tuesday that he has promised the top U.S. transportation official the troubled automaker will be more vigilant in the future about responding to safety regulators."I have spoken with U.S. Transportation Secretary Ray LaHood and...
- News items 2010-02-09
- UBS Back to Profit in Q4, Outflows Accelerate
- By Lisa JuccaZURICH (Reuters) - Swiss bank UBS UBSNUBS posted its first quarterly net profit since Oswald Gruebel took the helm a year ago but clients withdrew far more money than forecast, signaling he may need more time to steady the ship.UBS, left damaged by the credit crisis and a...
- News items 2010-02-09
- JAL to Stay With American, End Delta Talks: Source
- By Nathan LayneTOKYO (Reuters) - Japan Airlines Corp will keep its partnership with American Airlines AMR in the Oneworld alliance due to concerns that forging ties with rival suitor Delta Air Lines DAL would make it difficult to achieve a quick turnaround, a source with knowledge of the matter...
- News items 2010-02-09
- Electronic Arts Outlook Disappoints, Shares Decline
- By Gabriel MadwaySAN FRANCISCO (Reuters) - Electronic Arts Inc ERTS warned that fiscal 2011 earnings would miss Wall Street expectations as it grapples with a lack of blockbuster new games after a succession of missed targets and restructurings.Shares of the U.S. video game publisher fell 8 percent after its current-quarter...
- News items 2010-02-08
- Fed's Bullard: May See Asset Sales Late 2010
- By Mark Felsenthal and Pedro da CostaWASHINGTON (Reuters) - The Federal Reserve could sell some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday.The Fed's purchases last year of longer-term Treasuries and other debt,...
- News items 2010-02-08
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