December 27, 2019

Turkey unveils first fully homemade car in $3.7 billion bet on electric

Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a […]
December 27, 2019

China fines Toyota 87.6 million yuan over Lexus price-fixing

China’s market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu […]
December 27, 2019

Wall St. hits another opening record as investors cheer China data

Wall Street opened at another record high, as optimism over U.S.-China trade relations and an improving global economy brightened investor sentiment going into the new year. […]
December 27, 2019

Volkswagen ahead of schedule in electric cars production

Volkswagen said on Friday that it would reach a key target in the production of electric autos earlier than previously anticipated. Powered by WPeMatico
December 27, 2019

Oil steadies near three-month highs on U.S. and Chinese economic data

Oil prices steadied on Friday, hovering just under three-month highs as upbeat economic data from China and the United States and optimism over a trade deal […]
December 27, 2019

Uniqlo founder Yanai resigns as SoftBank board member after 18 years

Japan’s SoftBank Group Corp said Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing , will resign as independent board member at the end of […]
December 27, 2019

Nissan picks Sakamoto as board candidate after Seki’s resignation

Nissan Motor Co has selected executive officer Hideyuki Sakamoto as a candidate for the board of directors, the company said on Friday, following the surprise resignation […]
December 27, 2019

U.S. energy shareholders seek to leave behind a lost decade

The 2010s was a lost decade for shares of U.S. energy companies overall. Powered by WPeMatico
December 27, 2019

Asian shares hit 18-month top in festive cheer; oil, gold hold gains

Asian shares scaled an 18-month high on Friday while oil prices stayed buoyant in a holiday-shortened week, as investor optimism improved on hopes a U.S.-China trade […]
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