Japan’s number two carmaker Nissan said Thursday it would recall some 841,000 compact cars worldwide due to a steering wheel problem. The recall will cover the Micra, known as the March in some markets, and Cube models produced in Japan and Britain between 2002 and 2006, a company spokeswoman said. Nissan sold the cars — [...]
TOKYO (AFP) – Panicky investors dumped shares on the Tokyo market Thursday, sending the main index plunging more than seven percent on weak Chinese data after months of sharp climbs. The Nikkei 225 index closed at the day’s low of 14,483.98, down 1,143.28 points, or 7.32 percent. It was the biggest daily fall since March [...]
South Korea’s Samsung Electronics said Thursday its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping 10 million units globally less than a month after its debut. A company statement said the S4 had already passed the 10-million sales mark following its April 26 launch. It’s predecessor, the S3, took 50 [...]
Oil extended its losses in Asian trade on Thursday on weak Chinese manufacturing data and a stronger dollar, analysts said. New York’s main contract, West Texas Intermediate light sweet crude for delivery in July, dropped 63 cents to $93.65 a barrel in the afternoon and Brent North Sea crude for July delivery shed 60 cents [...]
Twitter said Wednesday it was stepping up security measures for the popular messaging service following a series of high-profile breaches by hackers hitting media organizations and others. Twitter said it would implement a new login verification system, “a form of two-factor authentication” which is “a second check to make sure it’s really you” when a [...]
Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law aimed at simplifying the process of freezing and unblocking such funds, the government said Wednesday. The law under construction would regulate “the administrative confiscation and restitution of dictator assets,” the government said in a statement. Bern [...]
A Federal High Court in Lagos has ordered Air Nigeria owned by Jimoh Ibrahim to pay N5 million to Mr Hakeem Ogunniran as damages for cancelling his flight from Nigeria to South Africa. Justice Okon Abang gave the order while delivering judgment in a suit filed by the plaintiff against the airline over loss of [...]
