PARIS (AFP) - French auto company PSA Peugeot Citroen on Wednesday forecast that Europe's car market will shrink by a further nine percent this year as the company reported massive losses in 2009.
TOKYO/DETROIT (Reuters) - Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags as rival Toyota Motor Corp faced further probes over its largest-ever safety crisis.
PERTH, Australia (AFP) - Australian billionaire Clive Palmer, chairman of the reources giant Resourcehouse, on Wednesday insisted a major coal deal would go ahead despite denials from the Chinese buyer that it had signed a binding agreement.
SYDNEY (AFP) - The world's biggest miner BHP Billiton fired a warning over the economic recovery on Wednesday despite smashing forecasts with half-year profits of 6.14 billion US dollars.
HONG KONG (Reuters) - Asian stocks rose on Wednesday on signs that the European Union may rescue debt-strapped Greece, coaxing nervous investors back to riskier assets, but uncertainty over the plan weighed on the euro.