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Volkswagen to Recall over 680,000 Audis in China
Volkswagen to Recall over 680,000 Audis in China
Blockages in coolant pumps "in extreme circumstances could cause a fire in the engine compartment."
PSA Board Approves Opel Takeover
PSA Board Approves Opel Takeover
If finalized the takeover will create Europe's largest automobile manufacturer after Volkswagen.
The Volkswagen logo on a car grille.
Pollution from Rigged German VWs Could Kill 1,200 4
Air pollution “doesn’t care about political boundaries. A car in Germany can easily have significant impacts in neighboring countries, especially in densely populated areas such as the European continent.”
Hidden Figures? More Like Minifigures: Lego Honors Women of NASA
On the heels of the Academy Award-nominated film Hidden Figures, Lego accepts a project proposal to honor some other NASA luminaries.
WTO director-general Roberto Azevedo and Chinese president Xi Jinping.
In Face of Trump Rebuke, China Defends WTO 1
While Donald Trump says the U.S. is better off working on trade agreements with individual countries, China announces its solidarity with the World Trade Organization.
China to Cut 500,000 Steel, Coal Jobs this Year
China to Cut 500,000 Steel, Coal Jobs this Year
Cuts are due to excess capacity in the smokestack sectors amid an economy that only grew by 6.7% last year -- the slowest rate in a quarter of a century.
Chinese Tech Giant Eyes Global Market with Custom Chip
Chinese Tech Giant Eyes Global Market with Custom Chip
With the launch of its Surge S1 chipset, Xiaomi joins a rarified group of smartphone manufacturers with self-designed processors -- the only others are Apple, Samsung and Chinese telecom company Huawei.
Lawsuit in US Says Automakers Knew of Takata flaws
Lawsuit Says Automakers Knew of Takata Flaws
The lawsuit broadens responsibility for the scandal to auto manufacturers, who have largely been seen as victims in the exploding airbags scandal.
A worker at the ThyssenKrupp mill in Duisburg, Germany.
ThyssenKrupp Sells Slumping Brazilian Steel Mill
The sale will net the German industrial titan about 1.5 billion euros and, more noteworthy, end its Steel Americas program, at least for now.
A Samsung flag flies outside the company's corporate headquarters in Seoul.
Samsung Heir Arrested in Corruption Probe
In a fresh blow to the electronics giant’s corporate image, a district court cited new evidence in approving the arrest warrant against vice chairman Lee Jae-Yong.
Airbus Eurofighter jets.
Austria Sues Airbus Over Eurofighter Deal
A government probe concluded that the Airbus and Eurofighter consortium had “deliberately misled the Austrian Republic on the real price, delivery capabilities and its equipment” of the deal signed in 2003.
Samsung vice chairman Lee Jae-Yong.
South Korea Court Mulls Fresh Bid to Arrest Samsung Heir
Samsung vice chairman Lee Jae-Yong avoided being arrested during hearings last month, after the court ruled there was insufficient evidence, but prosecutors have made a second bid for his arrest, saying they have collected more evidence in recent weeks.
Boeing Machinists Vote Down Union in South Carolina 1
Nearly three-quarters of votes were cast against representation by the International Association of Machinists and Aerospace Workers.
Toyota Recalling Fuel-cell Mirai Vehicles
Toyota Recalling Fuel-cell Mirai Vehicles
The recall is for all the Mirai fuel-cell vehicles sold globally due to a software glitch that can shut off its hydrogen-powered system.
Surge in China Factory-gate Prices Fans Inflation Hopes
Surge in China Factory-gate Prices Fans Inflation Hopes
The surge, as well as a pick-up in consumer inflation, is the latest sign a slowdown in the Asian giant could be coming to an end, although the outlook is clouded by concerns that Donald Trump will press ahead with a protectionist agenda.
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