British Airways mixed-fleet cabin crew announce more strikes
LONDON British Airways "mixed fleet" cabin crew members are to strike for another seven consecutive days from March 3, trade union Unite said on Friday.
BEIJING Jaguar Land Rover's Chinese subsidiary will recall 337 cars because of substandard fixings in their brakes and steering boxes, China's national product quality watchdog said on Tuesday.
The General Administration of Quality Supervision, Inspection and Quarantine said in a statement on its website that Jaguar Land Rover's China unit is recalling 190 2012 Evoque and Freelander vehicles produced on June 11 this year.
The agency's statement said the recall was prompted by concerns that substandard fixings in the vehicles' rear brake calipers may lead to brakes failing and sudden tyre deflation.
The agency said another 147 2012 Evoque and 2013 Evoque vehicles made between October 20 and September 18 will also be recalled due to problems in their steering boxes, which contain "security risks".
Jaguar Land Rover, the British luxury marque owned by India's Tata Motors (TAMO.NS), has relied on strong demand over the past year from emerging markets such as China for its luxury SUVs and sleek sedans to offset sluggish growth in developed markets.
(Reporting by Sui-Lee Wee; editing by Patrick Graham)
NEW YORK Oil prices fell about 1 percent on Friday as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.
MILAN Italy's biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country's largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders.