Chinese companies face culture shock in countries that aren’t like China

PHNOM PENH, Cambodia — Faced with slower growth at home and rising labor costs, Chinese entrepreneurs are seeking foreign markets as never before.

Honda Recalls Nearly 5 Million Vehicles With Takata Airbags

TOKYO — Honda on Thursday recalled 4.9 million vehicles equipped with airbags made by the Japanese supplier Takata, a day after Toyota and Nissan announced similarly vast recalls.

E.U. Charges Google With Violating Antitrust Laws

BRUSSELS — The European Union’s antitrust chief on Wednesday formally accused Google of abusing its dominance in web searches to the detriment of competitors and began official proceedings into whether its Android smartphone software forces phone makers to favor the company’s own services and applications.

Hewlett-Packard recalls 6 million power cords over fire hazard

The recalled item, the LS-15 AC power cord, was distributed with Hewlett-Packard and Compaq notebook and mini notebook computers and with AC adapter-powered accessories such as docking stations, the commission said in a statement.

BNP, tax evasion: US still dictates its economic law

Although its diplomatic clout is compromised on several fronts, the United States still dictates its economic law around the globe and has even expanded its reach, at the risk of raising hackles.

Ford, Chrysler close 2013 with more gains in US sales

CHICAGO: Ford and Chrysler closed out 2013 by extending strong sales gains Friday as the booming US auto industry was expected to rack up its best performance in years.

Mazda CEO says aims to sell around 500,000 Mazda3 vehicles a year

TOKYO: Mazda Motor Corp aims to sell around 500,000 redesigned Mazda3 compact cars a year around the world, Chief Executive Officer Masamichi Kogai said on Wednesday, setting the highest target ever for its best-selling model.

General Motors won't tackle pension talks with UAW until 2015: Vice chairman

NEW YORK: General Motors Co will wait until its next round of labor talks in 2015 before negotiating with the United Auto Workers about the automaker's U.S. blue-collar pension obligation, GM's vice chairman said on Friday.

China lifts Facebook ban ... a bit - report

After years of being locked out of China, Facebook and several media companies have been given the green light in the country -- sort of.

China's Huawei to add 5,500 jobs in Europe in five years

BEIJING: Chinese telecommmunications equipment maker Huawei plans to create 5,500 jobs in Europe within five years as the company expands its services in the region, state-owned newspaper China Daily said on Saturday.

Panasonic pleads guilty in auto parts price-fixing case

Japanese electronics maker Panasonic has agreed to plead guilty to felony charges for its role in an auto parts price-fixing conspiracy involving at least 11 companies, the Justice Department announced Thursday.

Barclays to fight $453 million power fine in US court

NEW YORK: Barclays will contest a record $453 million fine imposed by a US energy regulator against the British bank and four of its power traders, setting up a likely federal court battle.

Mitsubishi to buy grain company Los Gobo Ceagro do Brasil: Nikkei

Japanese trading house Mitsubishi Corp plans to acquire Brazilian grain company Los Grobo Ceagro do Brasil in a deal worth about 50 billion yen ($495 million), the Nikkei said on Friday.

Chevrolet Corvette probed by US regulators for headlamp issue

DETROIT: US safety regulators said on Friday they have opened an investigation into possible problems with the headlights on General Motors Co's model year 2005 to 2007 Chevrolet Corvette sports cars.

Coca-Cola goes global with anti-obesity push; to make lower-calorie drinks

NEW YORK: Coca-Cola says it will work to make lower-calorie drinks and clear nutrition information more widely available around the world.

Wal-Mart may get customers to deliver packages to online buyers

SAN FRANCISCO: Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc.

Boeing's latest problem: Strike threat

The last thing Boeing needs right now is a strike but that may just happen after 11,000 technical workers voted to reject a new contract in a dispute that could shut its assembly lines.

PepsiCo replacing Gatorade ingredient after online petition

PepsiCo Inc is removing a controversial chemical from its Gatorade drinks following concerns from consumers and an online petition by a Mississippi teenager.

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.

Europe warns Microsoft on antitrust

LONDON (CNNMoney) -- European antitrust authorities moved a stepcloser Wednesday to issuing a hefty fine against Microsoft for failing to offer Windows users a choice of Internet browsers.