Toukyo - Japan's crisis-hit car parts maker Takata filed for bankruptcy protection Monday and said its chief executive would quit after a deadly airbag crisis that triggered the auto industry's biggest ever safety recall.

Sydney - Rio Tinto said on Monday that Swiss commodities giant Glencore has upped its offer for the firm's Australian coal assets, raising the stakes in a bidding war with China-backed Yancoal.

Rome - Italy will pay up to 17 billion euros ($19 billion) to break up two insolvent Venetian banks, which have posed a threat to country's banking system, the government announced Sunday.

Soweto - At the back of Mandisa Zwane's typical yellow plaster-clad Soweto house is a bustling hive of activity set to a soundtrack of gospel music and crying babies that emanates from nearby.

Rome - At the 11th hour, the Italian government has vowed to rescue two troubled Venetian banks with the aid of a retail bank, plus billions of taxpayer's cash.

Brussels - EU leaders on Friday poured cold water on a proposal by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in strategic European industries.

New York - Tesla said Thursday it was considering the possibility of manufacturing in China as it ramps up for expansion of its line of electric-powered cars.

Montr - Sears Canada filed for court protection from creditors Thursday as the onetime retail giant seeks to adapt to a changed landscape and tougher online competition.

IBM has received more patents than any other company for the past 24 years. First it was cloud computing, then artificial intelligence. Now, the software giant wants to stay on top for a 25th year with blockchain.

New York - Global stocks mostly tumbled on Wednesday, with the energy sector taking a beating as worries about excess supply and ineffectual OPEC policy hit oil prices.

Brooklyn - Corporations may give generously to charities to burnish their reputations, but only as long their profits aren’t at risk. But three startups are proving that philanthropy can be good business too.

San Francisco - Uber said Wednesday that its embattled chief executive Travis Kalanick had agreed to step down from his job, as the company tries to clean up a corporate culture that has sparked charges of harassment and discrimination.

New York - Uber chief executive Travis Kalanick has stepped down from his job after a shareholder revolt made it untenable for him to stay, the New York Times reported on Wednesday.

Dibai - Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to introduce value-added tax in 2018 to plug budget gaps.

Ford Motor Company will begin importing its Ford Focus compact car from China beginning in the middle of 2019, after scrapping plans to build the small car in Mexico.

New York - Chinese stocks will be included for the first time in a leading US-based index of emerging market shares after three previous rejections, New York-based MSCI announced Tuesday.

Coal workers unions at Coal India and Singareni Collieries have postponed a three-day strike that was to have started today after the government agreed there would be no merger of retirement funds. However, Coal India is still closing 37 mines by 2018.

Washington - The US Federal Reserve increased short-term interest rates by a quarter point on Wednesday to an upper limit of 1.25 percent. The increase will have a quite modest impact on consumer's borrowing costs.

Speaking to U.K. ambassador, Peter Millett, Libyan National Oil Corporation (NOC) chair Mustafa Sanalla claimed that Libya was on course to produce one million barrels per day by the end of July.