Mazda to Recall Over 500,000 Vehicles Worldwide

Mazda is readying to recall over 500,000 vehicles across the world due to a problem with the power steering. Earlier this week, Mazda said it was recalling more than 300,000 vehicles in North America, including 215, 000 in the United States. Today, Mazda said it was widening the recall to markets including China, Europe and Australia, The Financial Times reported.

China Now World's Top Energy Consumer, Displacing U.S.

China is now the world%u2019s largest energy consumer, replacing the U.S., which had been the biggest consumer for over 100 years. According to data from the International Energy Agency, China used the equivalent of 2,252 million tons of oil last year, The Wall Street Journal reported. That figure, which is an oil equivalent for all forms of energy consumed, is 4% higher than the amount used by the U.S. in 2009.