Business

BMW develops street lights with electric car-charging sockets

(Reuters) - BMW has developed street lights equipped with sockets to charge electric cars, it said on Friday, and will…

Twitter to open office in Hong Kong early next year – WSJ

(Reuters) - Twitter Inc plans to open an office in Hong Kong early next year to serve greater China and tap advertising revenue from…

JPMorgan to cut 3,000 more jobs in retail bank unit

(Reuters) - JPMorgan Chase & Co (JPM.N) said it would cut more than 3,000 jobs than previously expected in its retailbanking unit. The…

Facing U.S. safety probe, Honda expands air bag recall

BY PAUL LIENERT (Reuters) - Honda Motor Co, facing a U.S. safety probe, strengthened its recall of U.S. cars to…

Inflation slows anew to 4.3 percent in Oct 2014; price increase for food slows down

MANILA, Philippines (Eagle News Service) -- For second consecutive month, price increases for food slowed down pulling down the inflation…

Honda ordered to give Takata air bag papers to U.S. agency

(Reuters) - U.S. safety regulators ordered Japanese automaker Honda Motor Co Ltd (7267.T) on Wednesday to provide documents and answer…

Tesla third-quarter loss doubles to $75 million

(Reuters) - Electric car maker Tesla Motors Inc (TSLA.O) said its third-quarter loss nearly doubled from a year ago to $75 million,…

Hyundai, Kia in record settlement with U.S. for overstating mileage

(Reuters) - Korean carmakers Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) will pay $350 million in penalties…

Malacañang welcomes $300-M loan grant from World Bank

MANILA, Philippines -- Malacanang welcomed the new 300 million US dollar loan grant from the World Bank, saying the new…

Samsung seeks smartphone revamp to arrest profit slide

(Reuters) - Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the…

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