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  • DETROIT, Nov 19- Takata plans to shift production of BMW air bag inflators from Mexico to Germany, the automaker said on Wednesday in a filing with U.S. safety regulators who have been probing questions about the quality of manufacturing at the plant. Automakers that use the Takata inflators, including Toyota Motor Corp, warned that it was not feasible to switch to...

  • Cadillac boss envisions $250,000 flagship car - in 2029 Wednesday, 19 Nov 2014 | 6:25 PM ET

    LOS ANGELES, Nov 19- Cadillac's new boss believes General Motors' premium brand could eventually sell ultra-luxury cars that retail for a quarter-million dollars by 2029.. "It is too early today for a $250,000 Cadillac," said Johann de Nysschen, in an interview on Wednesday at the annual auto show here. Cadillac's current flagship car, the XTS sedan, tops out at...

  • Deregulation at heart of Japan's robotics revolution Wednesday, 19 Nov 2014 | 6:22 PM ET

    Japan, with the world's largest robot population, is awakening to a crisis as its lead in robotics comes under threat from better-coordinated efforts abroad.

  • China's rush to green vehicles fuels bubble concerns Wednesday, 19 Nov 2014 | 6:20 PM ET

    China's electric vehicle sales surged five-fold in the first 10 months of 2014, raising concerns over potential over-investment from from local governments.

  • Signs of a floor in China's property market Wednesday, 19 Nov 2014 | 6:20 PM ET

    Even as China's home prices suffered their biggest annual fall in nearly four years in October, there are signs the worst might have passed.

  • Caesars, creditors consider turning unit into REIT Wednesday, 19 Nov 2014 | 6:14 PM ET
    Caesars Palace

    Caesars Entertainment proposed a restructure plan that would the debt of its largest unit into a real estate investment trust.

  • Reid Bigland, who also heads U.S. sales for the Chrysler Group, said FCA's commitment of $6.5 billion to revamp Alfa Romeo makes the company's lofty sales goal announced earlier this year "achievable." The first shipment to the United States from Italy of 54 of the Alfa Romeo 4 C, a niche sports car, was sent last week, Bigland said. In May, FCA announced that Alfa sales...

  • LOS ANGELES, Nov 19- NBC said on Wednesday it has canceled an upcoming project with veteran comedian Bill Cosby, his second show to be pulled after accusations that he sexually assaulted women resurfaced in recent weeks. The move by NBC comes a day after online streaming company Netflix Inc said it was postponing Cosby's stand-up comedy special " Bill Cosby 77,"...

  • Nov 19- A Houston- based wealth management firm must pay more than $3.8 million to a group of 19 ExxonMobil retirees who said the company mismanaged their investments and misled them about its trading strategy, according to a securities arbitration ruling. The ruling by a panel of three Financial Industry Regulatory Authority arbitrators found USCA Capital...

  • Nov 19- Pharmaceutical investment firm Royalty Pharma said it would buy royalties on Vertex Pharmaceuticals Inc's cystic fibrosis treatments from Cystic Fibrosis Foundation for $3.3 billion in cash. Vertex's cystic fibrosis drug, Kalydeco, was approved by the U.S. Food and Drug Administration in January 2012. Vertex co-developed the drug with an affiliate...

  • NEW YORK, Nov 19- Goldman Sachs Group Inc's metals storage unit paid Deutsche Bank, Glencore and British hedge fund Red Kite millions of dollars in incentives that helped extend wait times in the firm's Detroit storage hub, a Senate report showed on Wednesday. The 400- page report by the Senate's Permanent Subcommittee On Investigations exposes details of...

  • VANCOUVER, Nov 19- TransCanada Corp is in talks to get into the crude-by-rail business and will probably do so even if its long-delayed Keystone XL pipeline gets its U.S. permits next year, its chief executive said on Wednesday. Girling added that with Canadian and U.S. oil production rapidly expanding, TransCanada expects rail will be a larger part of the...

  • NEW YORK, Nov 19- Goldman Sachs will wind down its small uranium trading business after failing to find a buyer and may sell its Colombian coal mine subsidiary, two of its most controversial commodity divisions, according to a new Senate report released on Wednesday. It included a lengthy summary of Goldman's activities in the niche uranium market, which began...

  • SYDNEY, Nov 20- The yen slid on Thursday, striking seven-year lows against the dollar and a six-year trough versus the euro as speculators poured into carry trades funded by a tide of super-cheap liquidity from the Bank of Japan. The dollar romped as far as 118.09 yen, up over a full yen in 24 hours and almost 10 yen since the BOJ sprang its surprise stimulus steps on...

  • LIMA, Nov 19- Peru is willing to reduce taxes on companies that create jobs to help revive the slowing economy, President Ollanta Humala said on Wednesday. Peru's economic growth has fallen to five-year lows as its mineral exports tumbled on lower global prices and weaker production. Last Friday, finance minister Alonso Segura was forced to trim his 2014 growth...

  • Nov 19- Archer Daniels Midland Co sued seed company Syngenta AG on Wednesday over sales of a genetically modified corn variety not approved for import by China, joining more than 100 farmers and exporters in pursuing damages from the Swiss-based company. The lawsuit alleges that Syngenta commercialized the MIR162 corn variety, also known as Agrisure Viptera,...

  • Nov 19- Yahoo Inc said on Wednesday it struck a deal to be the default search engine on the Firefox web browser on desktop PCs and mobile devices in the United States, replacing market leader Google Inc.. The deal between Yahoo and Firefox maker Mozilla Corp will start in December and is set to last five years, Yahoo said. It was not immediately clear how the agreement...

  • WASHINGTON, Nov 19- President Barack Obama on Tuesday nominated transportation expert Mark Rosekind to lead the top U.S. auto safety regulator, which has come under criticism this year for a perceived slow response to major scandals. Rosekind, if confirmed by the Senate, would come to the National Highway Traffic Safety Administration after spending the past...

  • UPDATE 1-Keurig profit forecast misses estimates Wednesday, 19 Nov 2014 | 5:18 PM ET

    Nov 19- Keurig Green Mountain Inc forecast first-quarter profit below analysts' estimates as the company battles increasing competition from coffee pod makers and rising coffee prices. Keurig Green Mountain has tried to expand beyond its core business of single-serve coffee packets, as it grapples with competition from smaller rivals such as TreeHouse...

  • Google to launch its app store in China - The Information Wednesday, 19 Nov 2014 | 5:15 PM ET

    Nov 19- Google Inc plans to launch Google Play app store in China, The Information news website said, citing several people familiar with the matter. Some of Google's web services remain blocked in China and the features will not be available in the foreseeable future, the report said. Google is reportedly looking to launch in collaboration with a partner.