Honda Motor Co Ltd will recall 2.49 million cars, small SUVs and minivans worldwide, including its popular Accord sedan, to repair a software problem that could damage the automatic transmission.
The crumbling of mega-merger talks between Japanese industrial behemoths Hitachi <6501.T> and Mitsubishi Heavy Industries <7011.T> threatens a rare opportunity for Japan to improve its global competitiveness by consolidating century-old companies.
Japanese stocks on Friday tumbled to their lowest since the post-quake rout in March as investors ran for exits after the worsening financial crisis in Europe compounded anxiety over a weak U.S. economy that has come close to stalling.
World stock markets fell for the eighth straight session on Friday to the lowest since late 2010, with more losses feared if policymakers do not come to the rescue soon to stabilize the euro zone's debt crisis and prevent the U.S. economy from sliding back into recession.
Vibrations from the devastating earthquake that hit Japan in March 2011, triggering a massive tsunami, had almost reached the outer space, a new study has revealed.
Tropical Storm Emily broke apart over the mountains of Haiti and Dominican Republic on Thursday but its remnants still packed rains threatening flash floods and mudslides in the neighboring Caribbean countries.
The Prime Minister cracks down on lax safety.
NASA is tracking the tropical storm Emily as it approaches Haiti and other nations.
According to reports, more than 600,000 homeless Haitians ? driven out of their residences by last year?s devastating earthquake -- are in makeshift camps ahead of Emily?s arrival.
General Motors Co.'s quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.
Japan intervened in currency markets on Thursday to curb the yen's gains that officials fear threatened to derail the economy's recovery from a slump triggered by a massive earthquake in March.
The California Earthquake Authority plans to take part in more catastrophe bond deals every four to six months after successfully closing its first one this week, the agency said on Tuesday.
U.S. automakers reported higher sales for the month of July, but the ongoing weak economic environment doesn't bode well for the sector.
As of 8 a.m. on Wednesday, Emily was located at about 145 miles southeast of Santo Domingo, the capital of the Dominican Republic with maximum sustained winds of 50 miles per hour, or 85 kilometers per hour. Emily is still on a westward movement at a speed of 14 miles per hour, according to the National Weather Service.
Manufacturing grew at its slowest pace in two years in July as new orders contracted, casting doubt on expectations the faltering recovery would quickly regain steam.
Japanese Finance Minister Yoshihiko Noda signalled on Tuesday that Tokyo is in close touch with European and U.S. counterparts on the yen's strength, but declined to say if it would sell the yen to rein in its surge in value.
Down month for chips doesn't indicate down year. History shows June has always been poor.
At the Suisyoen retirement home 30 km (19 miles) south of the tsunami-wrecked Fukushima Daiichi nuclear plant, elderly Japanese earthquake survivors are finding comfort in a plush, white robot.
Honda has raised its profit and sales forecast. The company is on a speedy path to recovery.
The tentative deal to avoid a crushing debt default is at best a mild relief for the U.S. economy that nearly stalled in the first half of the year and has yet to show signs of any realistic pickup.
Sony reported a $199 million loss in its first quarter because of the March earthquake and tsunami, softer TV sales, Playstation hacking, and a strong yen, and cut its profit forecast for the fiscal year by 25 percent.
A new poll result suggests that almost half of the America's population is dissatisfied by God's performance, if God exists.
