IBT Staff Reporter

Toyota Motor Corp will voluntarily recall about 50,000 Sequoia sport utilities because the stability system could cause an unexpected problem with low-speed acceleration, the company said on Wednesday.

South Korea's Hyundai Motor Co and Kia Motors Corp are aiming to bump up sales in China by almost a quarter this year, heating up competition with global and local rivals.

The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, government data showed on Thursday, implying only a gradual labor market improvement.

The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, government data showed on Thursday, implying only a gradual labor market improvement.

Exxon Mobil Corp said on Thursday that first-quarter profit rose 38 percent on higher crude prices and output, but the results missed Wall Street expectations as recently enacted U.S. healthcare legislation took a toll on results at the largest U.S. oil company.

U.S. stock index futures pointed to a higher open on Thursday after the Federal Reserve said it was more upbeat about the economy and Greece looked closer to a bailout deal.

(Reuters) - UnitedHealth Group Inc said on Wednesday it would immediately stop terminating healthcare coverage for policyholders after they become ill, to comply with a new healthcare law months ahead of schedule.

Greece readied severe austerity measures on Thursday to secure multi-billion dollar aid, providing relief to financial markets but drawing threats of a mighty battle from Greek unions.

Colgate-Palmolive Co posted a sharp rise in sales, but profit fell as it took a hefty charge to account for hyper-inflation in Venezuela.

U.S. fund managers increased their already high exposure to equities in April and decreased bond allocations on signs the economic recovery is sustainable, a Reuters poll showed on Thursday.

If your dream job is to work in the video game industry then the future is looking brighter with industry players seeing a pick-up in the number of jobs becoming available although salaries remain flat.

ArcelorMittal , the world's largest steelmaker, forecast a sharp recovery in demand and prices in all main markets in the second quarter after its core earnings in the first three months missed expectations.

Britain's Prudential Plc has secured South Korean anti-trust approval for its planned $35.5 billion takeover of American International Group Inc's Asian life insurance business, a Korean Fair Trade Commission official said. told Reuters on Thursday.

German industrial conglomerate Siemens raised its profit outlook on the back of cost cuts and higher demand from factories that are cranking up production amidst an economic rebound.

ArcelorMittal , the world's largest steelmaker, forecast a sharp recovery in demand and prices in the second quarter after its core earnings in the first three months of the year missed expectations.

ECB Governing Council member Axel Weber said on Thursday the impact of any Greek debt default on other states would be incalculable and urged quick approval of an aid package to prevent market upheaval and contagion to other states.

Prudential Plc has secured South Korean anti-trust approval for its planned $35.5 billion takeover of American International Group Inc's Asian life insurance business, a Korean Fair Trade Commission official told Reuters on Thursday.

U.S. stock index futures rose on Thursday, looking to add to gains in the previous session after the Federal Reserve pledged to keep rates low for an extended period and Visa reported strong quarterly results.

My philosophy is simple: Stick to the facts. If in doubt, leave it out!

Stock index futures were higher on Thursday, looking to add to gains in the previous session after the Federal Reserve pledged to keep rates low for an extended period.

British insurer Standard Life beat forecasts with a 30 percent rise in first-quarter sales, helped by growth in corporate pensions and in its core retail products, as UK consumers shrugged off economic woes.

Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.

The US National Oceanic and Atmospheric Administration has today declared that the oil spill in the Gulf of Mexico is heavily leaking crude oil roughly 5000 feet below the surface. The agency maintained that the oil is leaking at the rate of 5000 barrels per day and not 1000 bpd as had been estimated earlier. Speaking to media, Rear Admiral Mary E Landry of the Coast Guard informed that the new estimate came from observations made in flights over the slick, studying the trajectory of the spill a...

Gold prices remained mixed in Asian trade Thursday after Greek debt worries was countered by hopes of speedy recovery in US economy. Gold for immediate delivery was seen trading at $1165.10 an ounce at 12.00 noon Singapore time after a notional close of $1,164.45 on Wednesday. However US gold futures for June delivery dropped in early trade and was at $1166 an ounce at the same time.

Most advanced artificial heart developed by a Brisbane doctor to aid patients who need urgent heart transplant

* Euro supported by hopes of larger aid package * Spain ratings downgrade shrugged aside * But traders still looking to sell euro rallies (Adds quote, detail, changes dateline, previous TOKYO) By Neal Armstrong

New changes in liquor laws at South Australia which will take effect next week is intended for responsible alcohol consumption

Stock futures pointed to a stronger start for Wall Street on Thursday, adding to gains in the previous session after a pledge by the Federal Reserve to keep rates low, with investors expected to focus on further corporate earnings.

World Health Organization warned the public that gonorrhea may soon become untreatable due to its resistance to antimicrobial antibiotics.