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Daimler buys into Agusta as motorbike and car tech converge
Daimler AG (DAIGn.DE) will buy 25 percent of Italian motorcycle maker MV Agusta IPO-MVAG.MI - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.
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VW recalls 1.1 million cars in North America, China over suspension issue
German automaker Volkswagen AG (VOWG_p.DE) said it is recalling more than 1.1 million cars in North America and China to correct a potential problem with rear suspension parts.
Wall Street climbs at open on solid earnings
U.S. stocks were higher at the open on Friday, following a batch of solid earnings reports that eased concerns about the impact of weak global demand on U.S. growth and businesses.
Lockheed says makes breakthrough on fusion energy project
Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.
Toyota recalls 1.67 million Toyota, Lexus cars
Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.
By Maki Shiraki; Writing by Chang-Ran Kim; Editing by Chris Gallagher and Kenneth Maxwell
Facing new oil glut, Saudis avoid past mistakes to halt price slide
Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world's top oil exporter Saudi Arabia is determined not to make the same mistake again.
Fiat Chrysler crowns merger with Wall Street debut
Fiat Chrysler Automobiles (FCA) made its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.