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General Motors Corp., the world's biggest automaker, is recalling nearly 200,000 vehicles because of various safety defects, federal regulators said Thursday.
New safety features that General Motors Corp is offering in its vehicles could help it scale back on its high consumer incentives, a top GM official said.
The governor of Australia's central bank gave a strong hint Friday that the bank will soon raise interest rates for the first time since December 2003 even though the nation's housing boom has been largely subsiding.
Rats gnawing through fiber-optic cable contributed to a catastrophic crash of telecommunications systems across New Zealand's North Island this week, Telecom Corp. said.