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...Group sales of vehicles was mostly flat at 2.4mn units for the quarter as a series of safety and data scandals at some of its closest subsidiaries hurt sales in Japan....
...Despite persistent inflation, economic uncertainties and weakened consumer demand for fashion and luxury goods, the company reported an exceptional third quarter in February, surpassing sales and profit...
...True, the weak yen has also helped boost the value of its overseas sales....
...China-made passenger vehicles that will go on sale this year will include Tencent’s technology. The trend for intelligent vehicles is relatively new....
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...US retail sales data for March, due out on Monday, will provide investors with another insight into the strength of the economy, after a sharp rethink on interest rate expectations this year....
...The good news is that Lex believes there’s more room for Philips shares to rise further....
...A reconciliation will be good news for all concerned....
...Rising sales of hybrid cars helped Toyota beat estimates in the third quarter as the world’s largest automaker raised full-year profit forecasts and provided further vindication of its bet on the technology...
...UK retail sales and spending fell in April as shoppers’ appetites were hit by “dismal” weather and the early timing of Easter, according to industry figures....
...Toyota chair Akio Toyoda has said he takes full responsibility for a spate of scandals at some of the group’s closest affiliates and will “take action” as the world’s largest carmaker by sales tries to regain...
...US same-store sales fell 3 per cent. The average revenue per visit rose 4 per cent, but there were 7 per cent less visits....
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...Costs of phone hacking claims are covered by US broadcaster Fox under the terms of the split of News Corp and 21st Century Fox....
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...New York-based RedBird acquired AC Milan from Elliott less than two years ago for €1.2bn....
...Microsoft last week outlined a similar boost in cloud sales and AI spending as it reported revenue and earnings ahead of estimates....
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