(PTI): Giant carmaker Toyota is to recall 3.8 million vehicles in the United States over a problem in their removable floor mats.
The company said the cars face the risk of a loose floor mat that could cause accelerators to get stuck and lead to a crash. The US government has received dozens of reports of [...]
Giant carmaker Toyota to recall 3.8 million faulty vehicles in US
Published in September 30th, 2009
Posted by The Business Time in Business
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Iran will soon inform IAEA of timetable for inspection of its recently-announced nuclear facility
Published in September 30th, 2009
Posted by The Business Time in Business
(PTI): Iran says it will soon inform the International Atomic Energy Agency of a timetable for inspection of its recently-announced nuclear facility.
Head of Iran’s Atomic Energy Organization Ali Akbar Salehi broke the news in an exclusive interview with Press TV late on Monday.
Iran has informed the International Atomic Energy Agency (IAEA) that the new plant [...]
“Hope for an early exit & faster recovery from the recession”: IMF
Published in September 30th, 2009
Posted by The Business Time in Business
(PTI): The International Monetary Fund (IMF) says there is more hope for an early exit from the recession and a faster recovery in major economies.
IMF deputy director, Murilo Portugal, said on Monday that the Fund is to increase its forecast for next year’s global growth to account for a quicker recovery
Japan’s deflation on record low
Published in September 29th, 2009
Posted by The Business Time in Business
(PTI): Japan’s core consumer price index has fallen for the fourth straight month in August, the fastest pace since records began in the early 1970s.
According to official figures released by Japan’s Statistics Bureau, core prices, which have been on the fall since March, dropped 2.4 percent in August from a year ago, compared
UK media accused Obama of ’snubbing’ the British Premier
Published in September 29th, 2009
Posted by The Business Time in World
(PTI): British Prime Minister Gordon Brown’s office has rejected reports of US President Barack Obama’s slighting of the premier by ignoring his calls for a meeting.
In a statement published on Wednesday, Brown’s office rejected reports in which UK media accused Obama of ’snubbing’ the British premier after Brown’s requests to convene an official meeting with [...]
Senior British General resigns over strategy of the war in Afghanistan
Published in September 29th, 2009
Posted by The Business Time in World
(PTI): The resignation of a senior British general extremely critical of the handling of the war in Afghanistan has caused a media frenzy.
Major-General Andrew Mackay, 52, resigned his commission on Thursday “for personal reasons,” according to the Ministry of Defense, but it is understood that the commander was unhappy
