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Honda is to recall 960,000 of its Fit small car – known as the Jazz in some markets – as well as some CR-V and CR-Z models.
The head of the Swiss Bankers Association has said his country must solve a dispute with the United States over wealthy citizens using secret Swiss accounts to dodge taxes.
Spanish MPs have overwhelmingly backed moves to put a so-called ‘golden rule’ on budgetary stability into the constitution.
Europe’s sovereign debt crisis will cut bank’s profits for years and could even kill off some of the weakest ones.
A black Monday for the financial markets with share prices and the euro tumbling in value.
Asian stocks fell and the euro slipped to a three-week low against the dollar on Monday as fears of renewed recession in the United States and sustained worries about the euro zone debt crisis prompted investors to sell riskier assets.