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Korean, Japan Autos Rise Asian shares were mixed Tuesday as concerns lingered about the U.S. automobile and financial sectors. Korean and Japanese car stocks rose and the Nikkei gained 0.9%. Wall Street JournalBig Brother: coming to a car near you . Privacy row brewing over surveillance on the road . Box could reduce accidents, pollution and congestionThe government is backing a project to install a 'communication box' in new cars to track the whereabouts of drivers anywhere in Europe, the Guardian can reveal.Under the proposals, vehicles will emit a constant 'heartbeat' revealing their location, speed and direction of travel. The EU officials behind the plan believe it will significantly reduce road accidents, congestion and carbon emissions. A consortium of manufacturers has indicated that the router device could be installed in all new cars as early as 2013. However, privacy campaigners warned last night that a European-wide car tracking system would create a system of almost total road surveillance. Details of the Cooperative Vehicle-Infrastructure Systems (CVIS) project, a £36m EU initiative backed by car manufacturers and the telecoms industry, will be unveiled this year. But the Guardian has been given unpublished d GuardianCOBRA Basics: Temporary Health Insurance Is Now More Affordable In this era of large-scale layoffs, most people know all too well what COBRA stands for: expensive health insurance. Topix.netFDIC Says Former Parent Left WaMu Short Of Capital The Federal Deposit Insurance Corp. Monday said it would seek top-priority treatment for a damage claim against the former parent of Washington Mutual Bank, or WaMu, for allegedly failing to pump en... Big News NetworkFidelity National Title agrees to $345K in penalties Fidelity National Title Insurance Co. will pay $345,000 in penalties and $20,000 in attorney fees and costs to the California Department of Insurance in a settlement over allegations of illegal rebating activities from 2000 to 2002. Biz JournalFinancials and cars hit European bourses European shares fell on Monday after Washington rejected restructuring plans for US carmakers and Spain was forced to bail out a bank FTThe White House rejected automakers` restructuring efforts as inadequate Auto industry woes returned to the forefront today, as the Obama administration gave a resounding thumbs-down to the business plans submitted by bailed-out car companies General Motors (GM) and Chrysler...(Read More) Schaeffersresearch.comNikkei Gains; Korean Autos Rise Asian shares were mixed Tuesday as concerns lingered over the U.S. automobile and financial sectors, while Korean car stocks recovered. The Nikkei rose 1.6%. Wall Street JournalFerrari face facts - their car is just too slowTelegraph World stocks take turn for worse Stock markets fall worldwide amid worries over the depth of the financial crisis and persistent problems in the US car industry. BBC1 2 3 4 5 |
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