Business

U.S. confirms recall of 35 million-40 million Takata air bag inflators

(Reuters) The U.S. Transportation Department confirmed on Wednesday that automakers will recall another 35 million to 40 million U.S. air…

Adidas hooks struggling golf business into the rough

FRANKFURT , Germany (AFP) -- Adidas said on Wednesday it would sell off its golf equipment brands, as it published…

Seven banks to pay $324 million to settle suit alleging interest rate manipulation

WASHINGTON, United States (AFP) --- Seven big banks, including Bank of America, JP Morgan, Credit Suisse and Deutsche Bank, have…

Google to buy minivans for self-driving tests from Fiat Chrysler

MOUNTAIN VIEW, CALIFORNIA, United States (Reuters) -- Alphabet Inc's Google unit has agreed to buy 100 plug-in hybrid minivans from…

Mexico City businesses say smog alert cost $300 mn

by Jennifer GONZALEZ COVARRUBIAS MEXICO City (AFP) -- Mexico City businesses warned Tuesday that traffic restrictions have cost them more…

Apple gets Google X lab co-founder for health projects

SAN FRANCISCO , United States (AFP) -- Apple confirmed Tuesday that it has hired robotics star and Google X lab…

Panama Papers showed vulnerability of whole system: Panama president

WASHINGTON, United States (AFP) -- The scandal triggered by the Panama Papers leak of information on how and where the…

Philippine presidential favourite causing market jitters

  MANILA, Philippines (AFP) -- Philippine presidential favourite Rodrigo Duterte's vague economic plans and threats to kill thousands of criminals are…

Philips says to spin off lighting branch in ‘historic’ IPO

HAGUE , Netherlands (AFP) -- Electronics giant Philips announced Tuesday it was floating its lighting arm on the stock market…

Lufthansa flies into red in first quarter

FRANKFURT , Germany (AFP) -- German airline Lufthansa said Tuesday that one-off effects and price pressures pushed it into a…

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