A Toyota hybrid car at an auto show in Jakarta, Indonesia. Reuters
Japanese automakers posted sharper sales falls in South Korea in August, industry data showed on Wednesday, hit by a consumer boycott of Japanese vehicles amid a worsening
Toyota Motor Corporation lowered its annual operating profit forecast while Honda Motor turned in a double-digit decline in quarterly earnings as a resurgent yen hurt two of Japan’s biggest automakers.
China’s Alibaba Group Holding Ltd on Tuesday said its voice-controlled assistant will feature in local vehicles from Audi AG, Renault SA and Honda Motor Co Ltd, as the tech giant
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corporation, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
President His Highness Sheikh Khalifa Bin Zayed Al Nahyan has issued a decree overhauling foreign ownership rules of commercial companies. The first of a kind in the GCC region, the 100% ownership of the business in the UAE
Dubai Islamic Bank, DIB, rang the market-opening bell on Tuesday to celebrate the listing of a $1 billion Sukuk on Nasdaq Dubai. The Sukuk achieved a strong 5.7 times subscription rate, attracting more than 150 high-quality investors
In order to foster bilateral cooperation and to provide advanced, innovative services and facilities development to the business community in the UAE, the Abu Dhabi Securities Exchange (ADX) on Tuesday signed