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Toyota recall involving 6.4 million cars

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A Toyota recall involving 6.4 million cars has been announced by the world’s largest automobile maker. Nearly half of them (3.4 million) need a...
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US business travel forecast to surge

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The US business travel forecast by the Global Business Travel Association (GBTA) sees a continued surge in 2014, despite abnormally harsh winter weather conditions...

Global growth forecast 2014 improves, IMF

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The IMF’s global growth forecast for 2014 improved to 3.6%, compared to 3% for 2013. The IMF (International Monetary Fund) predicts that global GDP...
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Japanese Australian trade deal agreed

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A Japanese Australian trade deal has been agreed which includes lowering tariffs on the importation of key products, the governments of the two nations...

Actos six billion dollar damages order

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Takeda Pharmaceutical has been ordered to pay $6 billion in punitive damages by a Louisiana jury over claims it had deliberately concealed cancer risks...

GSK Iraq investigation of improper conduct

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A GSK Iraq investigation is underway, the British pharmaceutical giant announced Monday, less than a year after a probe into improper conduct in China....

New mortgage rules undermine availability of credit

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A survey by the American Bankers Association (ABA) revealed that the new mortgage rules (Dodd-Frank regulations) restrict the availability of credit, with 80% of...

Champions League Nissan sponsorship deal

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A Champions League Nissan partnership deal has been agreed between the Japan's second biggest carmaker and UEFA (Union of European Football Associations). The Champions...

Chinese economic forecast trimmed down

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The World Bank’s Chinese economic forecast for 2014 has been reduced from 7.7% to 7.6%. The World Bank describes China’s first quarter of 2014...

The busiest airports 2013, Atlanta maintains top spot

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The busiest airports league table among 1,105 worldwide for 2013 remains unchanged for the top six ranked positions, with Atlanta holding first place (-1.1%)...