A man looks at his mobile phone in a closed Toyota showroom in Tokyo on Wednesday. Agence France-Presse
Strong growth forecast for global auto sales in 2021 with Europe strongest, barring anything unexpected. South Korea’s Hyundai Motor Co and affiliate Kia Motors Corp on Monday forecast combined global vehicle sales will jump 11.5 per cent in 2021
General Motors (GM) slashed its earnings forecast for 2019, saying that a 40-day US labour strike by the United Auto Workers (UAW) union that brought virtually all of its North American
Japanese stocks ended higher in choppy trading on Wednesday after positive earnings from market bellwethers Toyota and Honda highlighted the improving outlook for the global economy. Toyota hiked profit forecast 54%, shrugged off global chip
Toyota Motor warned “unprecedented” hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world’s top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry. Also reporting
The relationship between the United Arab Emirates and Kuwait is an exceptional example of two countries eager to enhance cooperation across various fields, including the financial sector.
Navitus Parfums, the niche luxury perfumery brand imagined in the UAE and crafted by world-class master perfumers from France, officially launched in the UAE on Thursday.
ADQ, an Abu Dhabi-based investment and holding company, has unveiled plans to invest US$35 billion in Egypt. ADQ will acquire the development rights for Ras El-Hekma for $24 billion