PRESS DIGEST- British Business - June 27
June 27 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
DETROIT Oct 4 U.S. vehicle safety regulators have opened an investigation into complaints of brake problems in an estimated 282,000 recent model year Ford F-150 pickup trucks, the National Highway Traffic Safety Administration said on its website on Tuesday.
There have been 25 consumer complaints that include claims of "a sudden and complete loss of brakes," the agency said. The vehicles affected are the 2015 and 2016 model year F-150s that have 3.5-liter engines.
The F-150 is the best-selling vehicle in North America.
No injuries or accidents have been reported, the NHTSA said.
Ford spokeswoman Elizabeth Weigandt said the company is cooperating with federal safety officials.
The investigation was one of three opened last Wednesday for Ford vehicles. Separate investigations into 2011-2013 model year Edge SUVs and 2010 Fusion sedans were posted on the NHTSA website on Monday. (Reporting by Bernie Woodall; Editing by Paul Simao)
WASHINGTON, June 26 U.S. President Donald Trump urged Indian Prime Minister Narendra Modi to do more to relax Indian trade barriers on Monday during talks in which both leaders took great pains to stress the importance of a strong U.S.-Indian relationship.
WASHINGTON June 26 U.S. lawmakers said on Monday they wanted another $18.5 billion added to President Donald Trump's proposed defense budget of $603 billion to hire more troops and buy more aircraft and ships in fiscal 2018.