SAFTY RECALL: A Cadillac SRX for sale at a dealership in Chicago. GM is recalling another nearly 720 000 Chevrolet, Cadillac, Buick and GMC vehicles, including the SRX, for various defects. (Scott Olson, AFP)
In other news
Asian markets have lifted as an index of Chinese manufacturing activity hit an 18-month high, boosting the country's economy as Ukraine crisis concerns eased.
The S&P 500 has closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks.
Oil prices have risen in Asia after the United States reported a large decline in its crude inventories, indicating strong demand in the world's biggest economy.
Asian stocks have inched higher, encouraged by corporate results and a record Wall Street close, while global unrest underpinned demand for high-rated bonds.
The IMF says it expects the US economy to grow even more slowly this year, below its June prediction of 2% growth.
Tesco has removed a photo on its corporate website of Alan Stewart, its newly appointed chief financial officer, after a complaint by rival Marks & Spencer.
The European Bank for Reconstruction and Development will freeze funding for new projects in Russia in response to sanctions imposed over the Ukraine crisis.
Burundi's cabinet will propose new duties on some alcoholic drinks, an airport departure tax and other measures to make up for a shortfall in forecast revenues.