Daily business briefing: Honda, Mazda and Nissan issue airbag recall

June 23, 2014 

Honda, Mazda and Nissan are recalling millions of vehicles worldwide because of defective airbags that could possibly explode. No accidents have been reported related to the recall. Read more at http://www.bnd.com/business. ...

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Global stock markets continue to react to turmoil in Iraq. In Europe, the composite purchasing managers' index dropped to 52.8 points from 53.5 in May. Find out more at http://www.bnd.com.business. ...

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Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries. The deal is valued at about $5.3 billion. Learn more at http://www.bnd.com/business. ...

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Factory activity in China expanded in June for the first time this year. Analysts believe this is a sign that the Chinese economy is stabilizing. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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