Toyota Motor plans to produce about 10.3 million vehicles globally in 2024, renewing its record annual production for the second consecutive year, the Nikkei reported on Monday.
Sweden's Volvo said on Monday it had signed an option agreement to sell its Arquus defence unit to John Cockerill Defense, and would book a fourth-quarter operating loss from the deal of some 900 million Swedish crowns ($87.44 million).
Hitachi India expects to contribute $20 billion in revenue to its Japanese parent by 2030, its managing director said in an interview on the sidelines of the World Economic Forum annual meeting.
Brazilian airline Gol is considering filing for Chapter 11 bankruptcy in the United States within the next month, newspaper Folha de S.Paulo reported on Sunday, citing sources familiar with the matter.
The Tokyo Stock Exchange's (TSE) move to release a list of firms that have disclosed plans to increase their capital efficiency is its latest attempt to improve long-languishing Japanese valuations and attract overseas investors.
Brazilian planemaker Embraer expects its agricultural aircraft Ipanema to hit record deliveries this year after a positive 2023 driven by the strength of the country's farm sector, it told Reuters on Monday.
The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the disruptive impact of artificial intelligence, a survey of top economists released on Monday found.
Nearly half of the companies on the Tokyo Stock Exchange's (TSE) prime section have responded to a call to disclose plans to improve capital efficiency, the bourse said on Monday, as it released for the first time a list of those who had complied.
Five years after Deutsche Bank and Commerzbank aborted an attempt to merge, an uncertain outlook for bank profitability and Germany's need to plug a hole in its budget have rekindled speculation about a potential deal.
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