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January 18, 2013

Ireland recalls 10 mln burgers on horsemeat fears

DUBLIN (AP) — An Irish meat processor recalled 10 million burgers Wednesday from supermarkets across Ireland and Britain amid fears that many could contain horsemeat, a discovery that poses no danger to public health but threatens to undermine the beef business central to Ireland's rural economy.

January 17, 2013

Nike investigates Indonesian suppliers over wage abuse

JAKARTA: US sporting goods giant Nike said Tuesday it was investigating claims by labour activists that its manufacturers in Indonesia were trying to evade paying its workers the minimum wage.

January 15, 2013

Apple shares hit by iPhone 5 order fears

Shares in technology giant Apple have fallen by more than 3% in early trading after reports suggested orders for its iPhone 5 had been lower than expected.

January 14, 2013

Ford takes next step of Lincoln overhaul with lux crossover

DETROIT: Ford Motor Co will unveil this week a luxury crossover designed to help the company gain a foothold in a fast-growing and profitable segment of the US luxury automotive market.

January 13, 2013

Honda to cut 800 jobs in Swindon

Honda is planning to cut 800 jobs at its Swindon plant, blaming weak demand across Europe. The Japanese carmaker, which began manufacturing there in 1992, has been hard hit by the eurozone crisis.

January 12, 2013

US lawmakers: Wal-Mart CEO knew of Mexico bribe claim

WASHINGTON/CHICAGO: US lawmakers increased public pressure on Wal-Mart Stores Inc on Thursday by releasing company emails they said contradicted prior statements about when senior executives knew of bribery allegations tied to its Mexican affiliate.

January 11, 2013

France calls for report on tax-dodging by multinationals

PARIS (Reuters) - The French government has asked for a report that will outline ways to stop multinational companies dodging taxes, a practice that indirectly stifles local companies, culture minister Aurelie Filippetti said.