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Fiji Time: 4:52 PM on Wednesday 20 August

/ Front page / Business

World Briefs

Bbc.Co.Uk
Tuesday, January 22, 2013

China's rebound

CHINA's economy, the world's second largest, is showing signs of a rebound that could help it emerge from its worst economic period in 13 years.

According to the latest government figures, growth picked up to 7.9 per cent in the final three months of 2012, from 7.4 per cent in the previous quarter.

This was driven by state investment in infrastructure projects and efforts to get consumers and companies to spend.

Economic stability is seen as vital for China as its new leaders take over

Toyota settlement

TOYOTA has settled a wrongful death lawsuit following a fatal crash in Utah in 2010 involving sudden, unintended acceleration, the company has said.

The case was brought by the family of Paul Van Alfen and Charlene Jones Lloyd, who were killed when their Toyota Camry crashed into a wall. Toyota did not disclose the size of the settlement.

Last month Toyota agreed to pay an estimated $US1.1bn ($F1.94b) to settle hundreds of lawsuits from other US car-owners.

Boeing suspension

BOEING has suspended deliveries of its new 787 Dreamliner aircraft until a battery problem is resolved.

The US aerospace giant said it would continue to build the plane, but not deliver any until US safety officials gave their backing.

The US Federal Aviation Administration and Boeing are investigating the problem. All 50 of Boeing's 787s have been suspended from flying since an All Nippon Airways flight on Wednesday made an emergency landing due to a fault.

Females hard-hit

WOMEN and girls have been hit the hardest by the global recession, according to child rights and development organisation.

"The world is failing girls and women," a report by Plan International and the Overseas Development Institute said.

A shrinking economy sent girls' infant mortality soaring, and more females were abused or starved, they said.This could erode gains made in recent years towards reaching the Millennium Development Goals, they added.


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