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Honda to recall 20mn more Takata airbags

  Tokyo / Bloomberg Honda Motor will recall an additional 20 million Takata-made airbags globally, a newspaper said on Sunday, in a widening scandal that has led to the biggest auto recall in US history. Tokyo-based auto parts giant Takata is struggling to deal with a defect that can send metal and plastic shrapnel from the inflator canister hurtling toward ...

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China trade shrinks in April in troubling sign for economy

  Tokyo / Bloomberg China’s trade shrank in April in a sign government stimulus is failing to jolt the world’s second-largest economy out of a prolonged slowdown. Exports contracted by 1.8 percent from a year earlier to $172.7 billion, falling back into negative territory after March’s temporary burst of 11.5 percent growth, customs data showed on Sunday. Imports plunged 10.9 ...

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Disney lifts veil in sneak preview of $5.5bn Shanghai Park

  Beijing / Bloomberg Walt Disney Co. employees and guests received a sneak preview of Shanghai Disneyland, as the world’s largest entertainment company gets set for next month’s official opening of its first theme park in mainland China. A trial run for the $5.5 billion Shanghai Disney kicked off recently. Guests are limited to the resort’s employees, partners and stakeholders, ...

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