Wed, 25 Jan 17 07:30:16 GMT

Trump talks to U.S. automakers, pushes for new American plants

U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers on Tuesday to build more cars in the country, pressing his pledge to bring jobs to America and discourage the car industry from investing in Mexico. Trump, who has threatened to impose 35 percent tariffs on imported vehicles, opened a White House meeting with General Motors Co CEO Mary Barra, Ford Motor Co's Mark Fields and Fiat Chrysler Automobiles NV's Sergio Marchionne by saying he wanted to see more auto plants in the United States.

Wed, 25 Jan 17 07:30:15 GMT

U.S. agency calls for safer lithium-ion batteries after Samsung fires

"Consumers should never have to worry that a battery-powered device might put them, their family or their property at risk,” Consumer Product Safety Commission Chairman Elliot Kaye said in a statement. The agency reached agreement with Samsung to recall 2.5 million Note 7 phones in early September. While most recalls have a "dangerously low" consumer response rate, 97 percent of Samsung's Note 7 phones have been returned, Kaye said.

Wed, 25 Jan 17 07:30:14 GMT

Asian stocks creep to three-month highs, dollar drifts

Asian stocks edged up to three-month highs on Wednesday but the dollar eased as growing uncertainty over U.S. President Donald Trump's policies prompted some investors to take profits on the greenback's overnight bounce. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent to its highest levels since late October. Japan's Nikkei advanced 1.3 percent, buoyed by data showing the country's exports rose for the first time in 15 months in December, a positive sign for the economy even as U.S. protectionism looms over the outlook.