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Toyota's safety recall goes globalTokyo (AFP) Jan 28, 2010 Toyota's coveted safety record took a major new hit Thursday as a massive recall caused by an accelerator problem grew in the United States and spread to Europe and China for the first time. Toyota raced past US giant General Motors in 2008 to become the world's top-selling automaker, but it has been bedevilled by a series of safety issues that have raised questions about whether its quality control has suffered. Toyota shares tumbled 3.91 percent to 3,560 yen Thursday, after a drop of 4.26 perc ... read more |
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Microbe produces biofuel from biomass
Berkeley, Calif. (UPI) Jan 28, 2009 U.S. scientists say they have developed a microbe that can produce an advanced biofuel directly from biomass. Scientists led by Jay Keasling from the U.S. Department of Energy's Joint BioEnergy Institute said using synthetic biology they engineered a strain of Escherichia coli bacteria to produce biodiesel fuel and other chemicals derived from fatty acids. "The fact that our micr ... more China publishing gets 7 billion dollar credit line: report
Beijing (AFP) Jan 28, 2010A Chinese government regulator will get a credit line of 50 billion yuan (seven billion dollars) from one of the nation's top banks to help boost the publishing industry, state media reported Thursday. The General Administration of Press and Publication, which regulates news, print and Internet publications, signed the agreement with the Agricultural Bank of China on Thursday, the official X ... more Aramco chief seeks to ease oil production worries
Davos, Switzerland (AFP) Jan 28, 2010The head of Saudi oil giant Aramco on Thursday sought to ease international concerns over dwindling stocks of oil but failed to convince all his customers. Khalid al Falih, Aramco's chairman and chief executive, hit out at "misleading" rhetoric that the world was weaning itself off fossil fuels, saying this did not give producers confidence to keep investing in production. "We feel that ... more |
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Toyota to recall 75,000 vehicles in China: safety watchdogBeijing (AFP) Jan 28, 2010 China's product safety watchdog said Thursday Toyota would recall over 75,000 automobiles in the Asian nation, extending a programme that has already affected millions of vehicles in the United States. The recall in China involves the RAV4 sport utility vehicle, the General Administration of Quality Supervision, Inspection and Quarantine said in a statement on its website. The 75,552 cars, all made between March 2009 and January this year, are being recalled over accelerator pedal problems. In s ... read more |
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