Toyota Motor Corp recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because they are equipped with potentially defective front passenger air bag inflators from Japan's Takata Corp that can rupture and spray metal shrapnel, according to U.S. safety regulators.
Saudi contractor Mohammad Al-Mojil Group's (MMG) board had approved a recovery plan that use most of its existing capital base to pay off debts and new cash raised through a share issue, it said on Sunday.
An Australian court on Monday rejected billionaire politician Clive Palmer's attempt to stop a case brought against him by China's CITIC Ltd, and cleared the way for a trial in November.
Banks who submit quotes for compiling Libor interest rates will have to follow a manual of instructions to avoid a repeat of the rigging seen in the past, the benchmark's new administrator said on Monday.
