23 May 2013 Last updated at 11:17 ET

Nissan recalls over 800,000 vehiclesnissan logo

Nissan says it plans to recall about 841,000 vehicles worldwide due to a faulty steering wheel.


Ford Model TFord to shut Australian production

Ford Motor says it will shut all its Australian manufacturing plants by October 2016, after more than 85 years making cars in the country.

Tata Steel swings to a loss

Tata Steel, one of the world's biggest steelmakers, blames weakness in Europe for a net loss in the fourth quarter and says "severely depressed" conditions are likely to persist.

Robert Peston, Business editor Article written by Robert Peston Robert Peston Business editor

Did the Bank of England cry wolf?

Has the Bank of England exaggerated the capital shortages in banks or have the banks run rings around it?

Read full article

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Market index Current value Trend Variation % variation
Dow Jones 15294.50 Down -12.67 -0.08%
Nasdaq 3459.42 Down -3.88 -0.11%
S&P 500 1650.51 Down -4.84 -0.29%
FTSE 100 6696.79 Down -143.48 -2.10%
Dax 8351.98 Down -178.91 -2.10%
BBC Global 30 7077.31 Down -17.17 -0.24%

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