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BMW recalls 33,026 cars in Russia: watchdog

MOSCOW (Reuters) – Russian standards agency Rosstandart said on Wednesday it had been informed about a voluntary recall by German carmaker BMW of 33,026 cars of the X3 F25 and X4 F26 models.

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BMW recalls 33,026 cars in Russia: watchdog

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Apple to set up R&D center in Shenzhen, bolster China ties

By Sijia Jiang HONG KONG (Reuters) – Apple Inc will set up a research and development center in China's manufacturing metropolis Shenzhen, the U.S. tech giant said on Wednesday, as the firm looks to spur growth in …

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Apple to set up R&D center in Shenzhen, bolster China ties

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Fed can be ‘gentle’ in hiking rates, Dudley says

The Federal Reserve can be “gentle” in removing monetary stimulus since U.S. inflation remains low and the economic expansion could last five or more years, one of the most influential Fed policymakers said on Wednesday. “We&#…

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Fed can be ‘gentle’ in hiking rates, Dudley says

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U.S., Canada to continue lumber trade talks as deadline passes

The top U.S. and Canadian trade negotiators said on Wednesday they would continue talks toward a new trade agreement on softwood lumber, despite the expiration of a “standstill” period prohibiting legal challenges over the long-standing dispute. U.S. producers complain that Canadian lumber is subsidized, and they have in the past launched trade challenges that resulted in the United …

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U.S., Canada to continue lumber trade talks as deadline passes