Airbag dispute escalates

A dispute between United States safety regulators and airbag maker Takata Corp escalated Wednesday when the government threatened fines and legal action if the company fails to admit that driver's side airbag inflators are defective and agrees to a...

EU proposes US$380b investment plan

The European Union's executive has proposed a plan to boost investment in the bloc's flagging economy by 315 billion (US$380 billion) by attracting reluctant private investors with guarantees and seed money.

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