Japan, enjoying its car exports for decades, now, is seeking a new path to boost its traditional auto industry through researching and developing green vehicles, or new energy cars, amid fierce competition in the global automobile market.
Rolls-Royce Holdings plc, a Britain-based engineering group, Tuesday announced that it is planning to eliminate 2,600 jobs over the next 18 months.
U.S. stocks largely went down on Tuesday as U.S. oil prices continued to slide, touching a three- year low.
Nissan Motor Co. announced Tuesday a 24.9 percent year-on-year rise in its group net profit for the fiscal first half and a 16 percent rise in its net profit in the July to September period, citing robust sales in the United States of its crossover SUV models compensating for lackluster sales here.
Governor of the Bank of Japan (BOJ) Haruhiko Kuroda said here Wednesday that the central bank will take every possible measure to achieve its 2 percent inflation goal, saying Friday’s surprising additional monetary easing was a move to reach the purpose.
The British construction purchasing managers’ index (PMI) dropped to 61.4 in October from 64.2 in September, but still registered 18 months of exceeding the 50-point mark signifying expansion, Markit Economics Limited said Tuesday.
The Luxembourg-based European Investment Bank (EIB) has agreed to provide 150 million British pounds (239.81 million U.S. dollars) for a new waste facility in north Britain, it was reported Monday.
HSBC Holding Plc Monday announced that its reported profit before tax declined by 9 percent year-on-year to 16.95 billion U.S. dollars in the first nine months of 2014.
U.S. President Barack Obama on Monday met with the Federal Reserve Chair Janet Yellen, discussing the implementation of the financial regulatory reforms and growth outlook in the U.S. and the world, the White House said in a statement.
Six companies have bid for tender for oil and gas exploration and exploitation in the Adriatic Sea, Croatian Economy Minister Ivan Vrdoljak said on Monday.