UPDATE 1-Ford recalls 15,600 cars in South Africa over fire risk
JOHANNESBURG, June 23 Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a potential fire risk, it said on Friday.
DETROIT, April 28 General Motors Co on Friday reported a jump in quarterly net profit driven by strong sales of full-size trucks and crossovers in the United States and cost cutting.
The No. 1 U.S. automaker reported a first-quarter net profit of $2.6 billion or $1.70 per share, up 33 percent from $1.95 billion or $1.24 per share a year earlier. Analysts had on average expected earnings per share of $1.48. (Reporting By Nick Carey; Editing by Chizu Nomiyama)
* S.Korea's Moon says engagement must be backed by strong defense
LONDON, June 23 World stocks were poised to eke out slim gains for the week on Friday as a tentative recovery in oil prices spurred investors to hunt for bargains in the beaten-down energy sector and helped commodity-related currencies gain against the dollar.