Toyota announces Lexus EV plant in Shanghai
Tokyo (AFP) - Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus...
Saturday, February 22, 2025
Business
Honda shares jump on reports it wants Nissan as subsidiary
Tokyo (AFP) - Honda shares surged on Wednesday as Japanese media said the automaker had proposed making its struggling rival...
Ferrari races to another record-breaking year, e-model set for Oct. 9
Rome (AFP) - Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to...
Ferrari reports another record-breaking year
Rome (AFP) - Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to...
Tequila maker Diageo axes sales target on Trump tariffs
London (AFP) - Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with...
UBS profit beats forecast as Credit Suisse merger nears end
Zurich (AFP) - Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger...
Nintendo cuts net profit forecast as Switch sales slow
Tokyo (AFP) - Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software...
Musk’s US government ‘takeover’ sounds alarm bells
Washington (AFP) - Elon Musk has begun swinging his wrecking ball at the US government, with concerns growing over the...
South Korea appeals court upholds Samsung chief’s fraud acquittal
Seoul (AFP) - Samsung Electronics chief Lee Jae-yong was cleared again Monday of a raft of charges linked to a...
Taliban govt-run corporation takes over luxury Kabul Serena hotel
Kabul (AFP) - Afghanistan's Taliban government took over management of Kabul's famed Serena hotel on Saturday, a hotel statement said,...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.