The new Toyota Corolla is displayed at an auto show in Geneva, Switzerland. File/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
Two top Japanese automakers said they planned to tighten their belts in the years ahead to free up cash to develop electric cars and ride-sharing services, underscoring the hard task ahead as traditional automakers face a rapidly changing industry. Toyota Motor Corporation, the country’s top automaker,
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.
Japan’s Toyota Motor Corporation and Panasonic Corporation said they plan to establish a joint venture (JV) to develop “connected” services to be used in homes and urban development. Operating officer of Toyota Masayoshi Shirayanagi and Managing Executive Officer of Panasonic Makoto Kitano were present during a press conference in Tokyo on Thursday
Pakistani and Chinese experts have agreed to develop a textile cooperation framework under China Pakistan Economic Cooperation (CPEC) by focusing on readymade garment exports and textile skill training.
Malaysia’s top sugar refiner said it would increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports.
The European Central Bank (ECB) has launched a broad review of its policy on Thursday that is likely to see new President Christine Lagarde redefine the ECB’s main goal and how to achieve it.
Tourism, which accounts for about a quarter of Greece’s gross domestic product (GDP), will grow in 2020 despite the blow dealt to the sector last year by the collapse of British travel giant Thomas Cook, Tourism Minister Harry Theocharis said.