Business

JPMorgan to cut 3,000 more jobs in retail bank unit

(Reuters) - JPMorgan Chase & Co (JPM.N) said it would cut more than 3,000 jobs than previously expected in its retailbanking unit. The…

Facing U.S. safety probe, Honda expands air bag recall

BY PAUL LIENERT (Reuters) - Honda Motor Co, facing a U.S. safety probe, strengthened its recall of U.S. cars to…

Inflation slows anew to 4.3 percent in Oct 2014; price increase for food slows down

MANILA, Philippines (Eagle News Service) -- For second consecutive month, price increases for food slowed down pulling down the inflation…

Honda ordered to give Takata air bag papers to U.S. agency

(Reuters) - U.S. safety regulators ordered Japanese automaker Honda Motor Co Ltd (7267.T) on Wednesday to provide documents and answer…

Tesla third-quarter loss doubles to $75 million

(Reuters) - Electric car maker Tesla Motors Inc (TSLA.O) said its third-quarter loss nearly doubled from a year ago to $75 million,…

Hyundai, Kia in record settlement with U.S. for overstating mileage

(Reuters) - Korean carmakers Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) will pay $350 million in penalties…

Malacañang welcomes $300-M loan grant from World Bank

MANILA, Philippines -- Malacanang welcomed the new 300 million US dollar loan grant from the World Bank, saying the new…

Samsung seeks smartphone revamp to arrest profit slide

(Reuters) - Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the…

SoftBank’s humanoid robot lands job as Nescafe salesman

(Reuters) - Nestle SA will enlist a thousand humanoid robots to help sell its coffee makers at electronics stores across…

China launches World Bank rival in Asia

(Reuters) - Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the…

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