Toyota apologises for massive vehicle recall

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Toyota Motor Corp President Akio Toyoda apologised for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.

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The opening of Saudi Arabia’s stock market was greeted by heavy news coverage from around the world. Experts say it may take years for the impact of the move to be fully felt.

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