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Neuberger says Turkish stocks to keep discount, even after rally

ISTANBUL: Turkish stocks may have ascended to record highs this week, but they are unlikely to close a gaping discount to historical valuations because of a batch of local factors that temper investor enthusiasm, according to Neuberger Berman.

Daimler recalls 744,000 US Mercedes-Benz vehicles for faulty sunroofs

WASHINGTON: German automaker Daimler AG said it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard.