US / Canada

BMW Fined $3 Million by U.S. for Delaying Auto Defect Reports

Bayerische Motoren Werke AG, the world’s largest premium automaker, must pay a $3 million U.S. civil penalty for delays in reporting auto-safety defects and recalls of about 338,700 vehicles in

Sunday, February 12, 2012 (Business Week)

NewsWatch: Retail sales key to U.S. economic recovery

If the U.S. economy is to continue to chug along, consumers will have to take the lead.

Sunday, February 12, 2012 (MarketWatch)

Pepsi’s refocus leaves analysts guessing

Wall Street ponders whether US food and drinks group’s plan to shed 8,700 jobs and invest $500m-$600m marketing core products goes far enough

Sunday, February 12, 2012 (Financial Times )

China’s Xi Seeks Second Front for U.S. Ties in Return to Iowa

Chinese heir-apparent Xi Jinping’s trip to the U.S. this week will focus on building relations with local officials clamoring for investment and export markets, expanding a second front for bila

Sunday, February 12, 2012 (Business Week)

Obama Says Contraceptive Rule Balances Religious Rights

President Barack Obama sought to quell the uproar over a requirement that employers provide coverage for contraception by saying religious-affiliated charities and hospitals won’t have to pay fo

Sunday, February 12, 2012 (Business Week)

Greece debates bailout as police battle protestors

Greek lawmakers looked set to endorse the new and deeply unpopular austerity deal on Sunday to secure a multi-billion-euro bailout and avert “economic chaos”

Sunday, February 12, 2012 (Financial Post)

Arabs Seek Safety in Dollars as Uprisings’ Euphoria Fades

As he watched Egypt’s revolt turn into a financial crisis that devoured 50 percent of the nation’s foreign-currency holdings last year, Ahmed El-Rifai started charging some clients in U.S.

Sunday, February 12, 2012 (Business Week)

Israel Strike Ends After Government, Histadrut Reach Accord

The Israeli government and the country’s largest labor union reached an agreement ending a general strike that has shut banks, government offices and the stock exchange since Feb. 8.

Sunday, February 12, 2012 (Business Week)

Syrian Forces Press Assault as Violence Spills Into Lebanon

Syrian forces pressed their efforts to stamp out dissent against the rule of President Bashar al- Assad in the central city of Homs as violence spilled over into neighboring Lebanon.

Sunday, February 12, 2012 (Business Week)

France Telecom Said Near Agreement to Increase Mobinil Stake

France Telecom SA is in talks to purchase part of billionaire Naguib Sawiris’s stake in their Egyptian mobile-phone venture, according to a person familiar with the situation.

Sunday, February 12, 2012 (Business Week)

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