Japanese automakers Honda and Daihatsu are recalling over five million cars globally to replace potentially deadly airbag inflators made by Takata.
Japanese electronics maker Sharp agrees 200bn Japanese yen ($1.7bn) bailout from banks as it announces job cuts and further losses.
The White House praised Facebook’s new policy to require a $15-per-hour (£9.53) minimum wage for contractors who do a “substantial amount of work” for the firm.
Asian shares trade mixed on Thursday, following a lacklustre lead from Wall Street which fell on renewed concerns about US growth.
Efforts to introduce US trade deals with Europe and Asia have been dealt a blow after a vote in the Senate.
Japanese car giants Toyota and Nissan are recalling a total of 6.5 million cars around the world to replace potentially faulty airbag inflators made by Takata.
The economy of the eurozone grew by 0.4% in the first three months of the year, official figures show, as its slow recovery continues.
The travel firm Tui is dropping the Thomson and First Choice travel brands in a revamp of its business.
UK unemployment between January and March fell to 1.83 million, figures show, down 35,000 from the previous quarter and the lowest since 2008.
The Bank of England cuts its 2015 growth forecast from 2.9% to 2.5%, as governor Mark Carney unveils his quarterly inflation report.