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Akio Toyoda

No longer the beast, Toyota strives for beauty

As Toyota Motor President Akio Toyoda passed the banged-up Aston Martin Zagato in his Lexus LFA on the Nuerburgring race track last month, he figured that was it for the British race car.

Inflation, debt crisis hurt euro zone retail sales

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Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.
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Eurozone

Eurozone Oct Private Sector Slump Flags Recession

Private sector activity in the euro zone shrank at its fastest pace in 28 months in October as the debt crisis sapped new business and soured sentiment in an economy looking like it is heading into a slump, survey data showed on Friday.
Jobless man seeks work

October jobless rate jumps on hefty layoffs

Canada's economy unexpectedly ditched in October almost all the jobs gained the month before as a sluggish economy led to layoffs in manufacturing and construction, according to Statistics Canada on Friday.
Job candidates receive information as they enter a Jobs Fair in Miami

U.S. Job Growth Could Hint at Some Improvement

U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.
Traders work on the floor of the New York Stock Exchange

Futures Rise on Uncertainty over Greek Referendum

Stock index futures edged higher in choppy trade on Thursday on talk the Greek government might collapse, thus avoiding a referendum on a bailout plan and easing concerns about an imminent bailout.
Traders work on the floor of the New York Stock Exchange

Futures Signal Higher Opening for U.S. Stocks

Stock index futures pointed to a slightly higher opening for equities on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.1 to 0.2 percent.
Incoming ECB President Draghi speaks at the "World Savings Day" meeting in Rome

Draghi Faces Maelstrom on Debut as ECB President

Mario Draghi faces a storm at his first policy meeting as European Central Bank president on Thursday but is unlikely to be pushed into a dramatic ramping up the bank's response to the escalating euro zone crisis.
An aerial view shows a flooded Honda car factory in Ayutthaya province, Thailand

Laptop Shortage Results from Thailand Flooding, Will Prices Rise?

Severe flooding in Thailand, which has taken the lives of almost 400 people and nearly obliterated its rice crop export, has resulted in a laptop shortage that will undoubtedly cause prices of electronics to rise, just in time for the holiday shopping season.
Chairman of the Federal Reserve Ben Bernanke

Fed to Hold Steady Despite Global Risks

The Federal Reserve looks set to take a breather from monetary stimulus measures on Wednesday, even if financial market turbulence heightens the chances of action later.
Gold bars

Gold Rises on Deepening Eurozone Crisis

Gold firmed on Wednesday, helped by safe-haven demand as the Eurozone troubles deepened and business surveys showed the severe impact the crisis had on manufacturing in the region.
Solar Panels

Clean Energy Future in Doubt Without Innovation

Despite the widely criticized government loans given out to clean energy firms like Solyndra, the U.S. still has a chance to take the lead in the green sector, Jesse Jenkins reported on Forbes.com.
Gold, silver bars

Gold Falls 0.8%, Silver Down 4.7%

Gold prices fell sharply Tuesday but regained much of the lost ground to close down 0.8 percent on reports that retail investors are increasing their exposure to gold-back exchange-traded products.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.African stocks fall for 2nd day led by miners

South African stocks ended sharply lower on Tuesday, extending the decline to two days as investors worldwide offloaded risky assets after Greece's shock move to hold a referendum on a rescue deal.
North American pollution causes wheat production in Europe

Cyber Attacks on Chemical and Defense Industries Traced Back to Man in China

Multiple Fortune 100 companies were the victims of a coordinated series of cyber attacks dubbed Nitro, says security firm Symantec Corp. At least 48 firms - all of which are involved in the chemical and defense industries - were subject to the attack, which has been traced back to a computer system owned by a man in his twenties working out of northern China.

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