General Motors is recalling 1.3 million compact cars in North America to address a power steering problem that has been linked to 14 crashes and one injury.

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Laptop makers have continued to focus on staple issues such as computing power, lighter weight and longer battery life and energy-efficiency. But cosmetic design elements typically found in consumer devices have also become critical now.

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While the US and Europe are expected to slog through a meagre 3% and 1.5% GDP growth this year, respectively, emerging Asia's GDP is set to surge 8% on an average in 2010 and 6%  in 2011. Not surprisingly, the rebound will be led by China—slated to grow 10% in 2010—followed closely by India (8.5%), Taiwan (7%) and Vietnam (7.5%).

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