Fiat Chrysler recalls 1.9 million cars over seatbelt issue |
- Fiat Chrysler recalls 1.9 million cars over seatbelt issue
- Liga newcomers Leganes plot fresh Barca upset
- US stocks surge as rate-hike odds fall; Apple jumps again
- Oil prices drop on returning Libya, Nigeria supplies
- Cops arrest seven men on suspicion of robbing convenience stores in Wangsa Maju
- Hanjin says US-bound ship is being held ‘hostage’
| Fiat Chrysler recalls 1.9 million cars over seatbelt issue Posted: 15 Sep 2016 06:41 PM PDT
WASHINGTON, Sept 16 — Fiat Chrysler's US unit FCA US recalled 1.9 million cars yesterday for a problem that could prevent the airbags from deploying, a defect tied to at least three deaths, The 1.9 million cars comprised 1.4 million inside the United States, 143,000 in Canada, and the rest in other countries. Models involved include the Chrysler Sebring, Chrysler 200, Dodge Caliber and Avenger, and Jeep Patriot and Compass from varying model years between 2010 and 2014. The recall also includes models marketed in other countries as the Chrysler Cirrus and Lancia Flavia. FCA US said a fault in the occupant restraint-control module and a front impact sensor could cause the airbags to not deploy and seat-belt tensioners to malfunction in an accident. FCA said it was aware of three fatalities and five injuries related to the problem. Despite the recall, Wall Street-traded shares of Italy-based Fiat Chrysler Automobiles were up 2.0 per cent near the end of trade. — AFP  |
| Liga newcomers Leganes plot fresh Barca upset Posted: 15 Sep 2016 06:41 PM PDT
Leganes have made a fine start to their first season in the Spanish top-flight, winning at Celta Vigo on the opening weekend and holding Champions League finalists Atletico Madrid to a 0-0 draw at the Butarque. However, Leganes face an even tougher task in stopping a rampant "MSN" of Messi, Suarez and Neymar fresh from scoring six of Barca's seven goals in a Champions League rout of Celtic in midweek on their first start of the season together. Barca were in no mood for complacency on Tuesday after a shock 2-1 home defeat to another newly promoted side, Alaves, ended their perfect start to the La Liga season last weekend. Leganes defender Pablo Insua says the Alaves result gives the hosts hope. "We have to do everything right and have luck," Insua told Marca. "We saw how Alaves did it and it is clear it can be done, but the circumstances are not the same." Barca boss Luis Enrique started Messi and Suarez on the bench for Alaves's visit to the Camp Nou after their duties in South American World Cup qualifying. Enrique won't make the same mistake twice, but could rotate in defence and midfield ahead of Wednesday's blockbuster La Liga clash with Atletico. Messi scored a hattrick whilst Neymar bagged four assists and goal against Celtic as the "MSN" took their combined early season tally to 13. Neymar hopes to break the incredible 131-goal record they set last year. "To play with Messi is very easy," the Brazilian said yesterday. "We understand each other very well, as does Suarez. We always try to help each other to ensure everything works out well." Record-chasing Real Barca's defeat to Alaves means they are playing catch-up to Real Madrid after just three games. Madrid have made a perfect start to the campaign and can set a club record of 16 La Liga wins with victory at Espanyol on Sunday. The European champions needed a sensational late fightback to start their Champions League defence with a win on Wednesday as Cristiano Ronaldo and Alvaro Morata scored in the final minutes to turn around a 1-0 deficit against Sporting Lisbon. "My dream is to be a success here," said Morata, who rejoined the club in June after a two-year spell at Juventus. "A goal like that, at home, in the Champions League, was a dream since I was a kid." Morata is expected to replace Karim Benzema up front alongside Ronaldo and Gareth Bale, should the Welshman shake off a hip injury that forced him off early in midweek. James Rodriguez is also in contention for his first start of the season after impressing as a substitute and setting up Morata's winner. Atletico will look to build on the momentum of their first two wins of the season away at Celta Vigo and PSV Eindhoven in the past week when they return to the Vicente Calderon to face high-flying Sporting Gijon on Saturday. Sporting could go top with a surprise victory after taking seven points from their opening three games. Sevilla also have the chance to move to the top of the table for at least 24 hours when they travel to Eibar. Valencia will hope to snap their worst start to a season for 17 years by picking up their first point at Athletic Bilbao. Fixtures (all times GMT) — today: Real Betis v Granada (1945) Tomorrow: Leganes v Barcelona (1200), Atletico Madrid v Sporting Gijon (1515), Eibar v Sevilla (1730), Las Palmas v Malaga (1945) Sunday: Osasuna v Celta Vigo (1100), Athletic Bilbao v Valencia (1515) Villarreal v Real Sociedad (1730), Espanyol v Real Madrid (1945) Monday: Alaves v Deportivo la Coruna (1945) — AFP |
| US stocks surge as rate-hike odds fall; Apple jumps again Posted: 15 Sep 2016 06:36 PM PDT
Apple shares jumped for the fourth straight session in anticipation of strong sales of its new iPhone 7 models to hit the stores today. At the close, the Dow Jones Industrial Average was up 1.0 per cent at 18,212.48. The broad-based S&P 500 rose 1.0 per cent at 2,147.26, while the tech-rich Nasdaq Composite Index, anchored by Apple, gained 1.5 per cent to 5,249.69. Wall Street trade had been tentative in recent days with the possibility that the Fed could decide next Wednesday to tighten monetary policy by raising its benchmark interest rate. But it took a poor report Wednesday morning on retail sales in August, and another showing no added inflationary pressure last month in wholesale prices, as signs of weak economic growth and reason to believe the Fed would hold off. "You had very weak retail sales numbers, clearly the biggest numbers today. That encouraged investors that September is off the table, that's the main reason for the rally today," said Alan Skrainka of Cornerstone Wealth Management. Apple shares finished up 3.4 per cent at US$115.56 (RM477.92), taking its gain since last Friday's close to 12.1 per cent as reports point to the iPhone 7 being already sold out in pre-orders ahead of today's debut in stores. Also helping Apple is Samsung's overheating and fire problems with its Galaxy Note 7 phone, which was officially recalled by the US Consumer Product Safety Commission after the stock markets closed yesterday. Other strong gainers yesterday included Intel, up 2.6 per cent, and Microsoft, which added 1.7 per cent. Wells Fargo Bank fell again, by 0.8 per cent, amid reports that Federal prosecutors have begun a probe into the its bogus accounts scandal. The investigation, which is at an early stage, is looking at whether senior bankers directed lower-ranking employees to falsify documents in conjunction with two million accounts that were opened without customer knowledge, The Wall Street Journal reported. — AFP |
| Oil prices drop on returning Libya, Nigeria supplies Posted: 15 Sep 2016 06:33 PM PDT
Brent crude futures were trading at US$46.32 (RM191.56) per barrel at 01:07am, down 27 cents, or 0.6 per cent, from their last settlement. US West Texas Intermediate futures were down 24 cents, or 0.6 per cent, at US$43.67 a barrel. "The focus will turn to drilling activity in the US, with another rise expected to raise concerns about a recovery in US output," Australian bank ANZ said in a note. Baker Hughes US rig count data for the week to September 16 is due today. WTI prices that have held above US$40 a barrel since the start of August have supported the growth in the number of US rigs. US drillers added seven oil rigs in the week to September 9, bringing the total rig count to 414, the most since February. Returning supply from Libya and Nigeria will hamper a rebalancing of the global crude market, weighing on sentiment, traders said. Libya is resuming oil exports from some of its main ports which forces loyal to eastern commander Khalifa Haftar seized in recent days and has lifted related "force majeure" contractual clauses, the National Oil Corporation (NOC) said yesterday. ExxonMobil has a pipeline prepared to export Nigeria's Qua Iboe crude oil, with the first cargo expected to load as early as the end of September, trading sources said yesterday. — AFP |
| Cops arrest seven men on suspicion of robbing convenience stores in Wangsa Maju Posted: 15 Sep 2016 06:29 PM PDT
Wangsa Maju Police chief Supt Mohamad Roy Suhaimi Sarif said the leader, 19, was the first suspect to be arrested after robbing a 24-hour convenience store in Metro Pudu, here on Sunday. "After the interrogation, he (suspect) led police to arrest three members aged between 19 and 22, in Keramat and Wangsa Maju on Monday," he told a press conference, here today. The gang, which was active since July, was believed to have been involved in five robberies involving 24-hour convenience stores and a karaoke centre. All of the suspects were remanded until September 19. Mohamad Roy said three men, aged between 20 and 26 were arrested on Tuesday believe to have robbed a 24-hour convenience stores in Taman Melati. "They are believed to be active since May and are being remanded for three days beginning yesterday," he said. All seven suspects were arrested under Section 395/397 of the Penal Code. ― Bernama |
| Hanjin says US-bound ship is being held ‘hostage’ Posted: 15 Sep 2016 06:27 PM PDT
"There is no clear visibility yet on what will happen with this business," Hanjin lawyer Ilana Volkov said at a hearing, when asked by US Bankruptcy Judge John Sherwood whether Hanjin was liquidating. Hanjin, the world's seventh-largest container line, filed for bankruptcy last month, leaving more than 100 ships and their cargo at sea and threatening to snarl US freight traffic as the year-end shopping season approaches. Some ships chartered to Hanjin have been sold and more are up for sale. Last week, Hanjin said a Korean judge authorised US$10 million to pay tug operators, ports and cargo handlers to unload four of its US-bound vessels. Since then, the Hanjin Boston, Hanjin Greece and Hanjin Gdynia have begun to unload. But the fourth ship, the Hanjin Jungil, remains at sea off the coast of California, according to the Marine Exchange of Southern California. "We're negotiating with every service provider and they are saying 'I'm not going to let this ship berth'," said Volkov at the Newark, New Jersey hearing. "My client is being held hostage." She told the court that the Korean court had postponed hearing Hanjin's request to authorise another US$50 million that would allow at least four more Hanjin ships to unload US cargo. As of Wednesday, of Hanjin's 97 container ships, 36 were waiting outside of overseas ports, according to South Korea's finance ministry. Of the reminder, 37 had yet to unload and planned to return to Korea, and 24 had unloaded in Korea and elsewhere, the ministry said. In addition to the nine "base ports" already identified for Hanjin ships to unload, the ministry said efforts were being made for Bangkok, Jebel Ali, Kobe, Melbourne and Valencia to be available for unloading Hanjin ships. The company was seeking stay order this week that would allow its ships to unload safely in Germany, the Netherlands, Spain and Italy, the ministry said, with more to follow. The ministry said efforts were underway to enable unloading in New York and Singapore by this weekend. Hanjin still has at least 10 US-bound ships, although Volkov said some ships may not have picked up US-bound cargo. Cargo owners such as consumer products maker Dorel Industries Inc and the US unit of musical instrument maker Yamaha Corp complained they were the hostages. They said they were forced to make additional payments to get their cargo or were forced to retrieve it from the wrong location. "This could destroy American businesses," said Alan Brody, a lawyer for Yamaha Corp of America. Darren Azman, an attorney for Bermuda-based container owner Textainer Group Holdings Ltd, said Hanjin rejected leases on its 20,000 containers but failed to return the boxes to Asia as required. However, the judge balked at Azman's suggestion that Textainer could force cargo owners to pay to return Hanjin's containers to Asia to get their goods. "I will do whatever I can to stop you," said Sherwood. — Reuters |
| You are subscribed to email updates from Malay Mail Online | All. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
