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...The fact that Toyota holds investment stakes in Subaru, Mazda, Suzuki and Isuzu suggests that, if successful, it may carry those others with it....
...Corporate results: Japan’s Nidec Corporation, which manufactures the electric motors used in hard-disk drives, China Tourism Group and Ping An Insurance Group announce quarterly results....
...They include vehicles manufactured for Toyota, Mazda and Subaru. Toyota has been betting on south-east Asia, which it hopes will propel growth....
...The union wrested big pay rises and other benefits from Ford, General Motors and Stellantis earlier this month after a six-week strike against the companies....
...Corporate results: Japanese companies reporting second-quarter earnings include Daikin, Mazda Motor, Mitsubishi UFJ Financial Group, Nintendo, Nippon Telegraph and Telephone, Sony and Suzuki Motor....
...Daihatsu said it was not aware of any accidents caused by the safety issues, which also affected models supplied to Mazda and Subaru....
...One of the main points of the current structure, and why companies like Mazda, Suzuki and Subaru joined the Toyota family, was to provide protection as the pressure of investment in electric vehicles mounted...
...Corporate earnings: Japan’s Mitsubishi, Nintendo and Toyota Motor and China’s Semiconductor Manufacturing International Corporation report results....
...He mentioned Toyota Motor’s smart Woven City project, which aims to serve as a testing ground for innovative concepts, as an example of the new ideas automakers are pursuing....
...Japan’s Topix fell 0.8 per cent in early trading ahead of earnings releases from Toyota Motor and Mitsubishi Corporation, which were both down 0.8 per cent. South Korea’s Kospi shed 0.6 per cent....
...The chief executive of rival Mazda warned on Friday that the Chinese market was entering a phase where “only the strongest will survive”....
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
...While many of its large holdings are decades old, it has recently built small stakes in smaller rivals Suzuki, Mazda and Subaru as they have sought capital ties with the country’s biggest automaker to survive...
...Power, China Shenhua Energy, CSR Corporation, Great Wall Motor, Postal Savings Bank of China, SAIC Motor, Tsingtao Brewery and Yanzhou Coal Mining....
...Results: General Motors, Philip Morris International, PepsiCo, Spotify and Visa are among the companies reporting....
...Berkshire also exited its investments in payments business StoneCo, insurers Globe Life and Markel Corporation, and homebuilder DR Horton....
...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
...General Motors, the world’s largest automobile maker, was losing billions....
...One we missed: IBM and the Holocaust: The Strategic Alliance Between Nazi Germany and America’s Most Powerful Corporation, by Edwin Black....
...Motor Corp Q2, Metro Bank Q3, Nintendo H1, NTT H1, Persimmon trading update, RS Group H1, Securitas Q3, Singapore Airlines Q2, Uber Q3, UBS Q3, Unisys Q3, Yamaha Motor Company Q3 Wednesday Bank of England...
...The next four crude cargoes will be supplied by the state-owned oil company the Nigerian National Petroleum Corporation (NNPC) in “two to three weeks” and ExxonMobil will supply the last of the initial six...
...It can be so deflating when areas get overtaken by corporations and can turn into something akin to a shopping mall.”...
...The deal, announced this week, highlights the sometimes extreme ways in which value can be trapped inside Japanese corporations, which traditionally have not marked the value of assets to their market value...
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