The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
North Korea's top nuclear envoy arrived in Beijing on Tuesday as Pyongyang said it was willing to step up talks with China on resuming stalled disarmament-for-aid talks.
The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
French carmaker Renault is talking to its Indian partner, Mahindra & Mahindra, about restructuring their joint venture that makes the Logan sedan, and said a decision will be made in 30 to 45 days.
Toyota Motor Corp said it would recall nearly half a million new Prius and other hybrid cars for braking problems as it battled criticism of its response to the spiraling safety crisis.
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.
Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis.
Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained weak on euro zone fiscal concerns.
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.
Toyota Motor Corp will recall around 436,000 hybrid cars worldwide, including the 2010 Prius model, according to a document obtained by Reuters on Tuesday.
Asian share markets struggled to hold firmer ground on Tuesday but won some respite from recent losses, while the euro rose tentatively as investors took a break from selling it off over fiscal concerns in the euro zone.
Toyota Motor Corp said on Tuesday it would recall its flagship Prius hybrid in Japan for braking problems and that it had halted shipments of two other hybrid models to check for similar problems.
Toyota Motor Corp was preparing a global recall of its new Prius model on Monday, further damaging its reputation for quality and reliability on the heels of two other massive recalls.
Most often bridges make us wonder how technology made possible their construction. They are a means of getting from one point to another but although we walk or drive on them (almost) daily, we don't always stop to admire them.
Toyota Motor Corp is preparing a recall of its new Prius hybrid car in Japan as early as Tuesday, followed by similar steps in the United States, Europe and other markets, a source familiar with its plans said.
Electric cars must be backed by smart power networks if they are to help the world's climate problems, environmentalists warned on Monday as European ministers prepared to debate a strategy for the sector.
Sumitomo Mitsui Financial Group , Japan's third-biggest bank by assets, outshone it larger rivals and posted its biggest profit in seven quarters on Monday, helped by an improvement in its stock portfolio and a decline in bad loans.
Japanese bank lending logged its biggest annual fall in more than four years in January as companies faced with overcapacity and a murky economic outlook steered clear of borrowing for capital investment purposes.
The euro and growth-linked currencies fell on Monday as investors unwound risky trades amid growing worries about eurozone's debt problems, dismissing assurances from European finance ministers at the weekend.
Shares in Toyota Motor Corp edged higher after the head of the world's largest automaker made a public apology for safety problems and said it would bring in outside experts to review quality controls.
Toyota Motor Corp, which has recalled more than 8 million vehicles around the world for problems with unintended acceleration, has decided to recall its new Prius hybrid in Japan to fix a braking software glitch, a dealer said Sunday.
Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic, as European policymakers sought to convince jittery markets that they have things under control.
