12 May, 2015 by The TZ Newswire Staff Comments Off on US shale has ‘blinked’ in battle against OPEC: IEA
US shale has ‘blinked’ in battle against OPEC: IEA
U.S. oil producers appear to have lost their battle with OPEC over market share, the International Energy Agency warned Wednesday.
12 May, 2015 by The TZ Newswire Staff Comments Off on Japan’s three top carmakers to expand Takata air bag recalls by millions
Japan’s three top carmakers to expand Takata air bag recalls by millions
Japan’s three biggest carmakers said on Wednesday they would expand a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying they were taking back millions of vehicles worldwide for investigation. Toyota Motor Corp and Nissan Motor Co said they were recalling some 6.5 million vehicles globally, while Honda Motor Co Ltd said it would follow suit, without giving further details.
12 May, 2015 by The TZ Newswire Staff Comments Off on Honda says preparing fresh Takata-related recalls
Honda says preparing fresh Takata-related recalls
Honda Motor Co Ltd said on Wednesday it was preparing to file additional recalls related to Takata Corp’s air bags after similar action by Toyota Motor Corp and Nissan Motor Co Ltd. Honda spokeswoman Yuka Abe said the automaker was preparing to file Takata-related recalls but did not specify details on what vehicle models or regions they would affect. Toyota said on Wednesday it would recall just under 5 million Corolla, Vitz and other models worldwide to replace potentially faulty airbag inflators made by Tokyo-based Takata.
12 May, 2015 by The TZ Newswire Staff Comments Off on France’s economy overtakes Germany and UK
France’s economy overtakes Germany and UK
France’s economy, long the laggard of Europe’s big economies, outpaced Germany and the U.K. in the first quarter, data published on Wednesday showed.
12 May, 2015 by The TZ Newswire Staff Comments Off on Something newsy is coming to your Facebook app
Something newsy is coming to your Facebook app
Facebook will host content from publishers on its mobile app, allowing users to read articles without having to visit another website.
12 May, 2015 by The TZ Newswire Staff Comments Off on Maersk Q1 beats, lifts 2015 forecast slightly
Maersk Q1 beats, lifts 2015 forecast slightly
Danish oil and shipping group Moller-Maersk reported first-quarter net earnings above forecasts on Wednesday.
12 May, 2015 by The TZ Newswire Staff Comments Off on Matthew Lynn’s London Eye: Buying opportunity: U.K. markets do better under Tories
Matthew Lynn’s London Eye: Buying opportunity: U.K. markets do better under Tories
U.K. markets traditionally do better under Conservative rule, Matthew Lynn writes.