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...Toyota is exploring two investments in the UK, including a new model at its Derbyshire car plant and the mass manufacturing of hydrogen fuel cells, after the government pushed back a ban on the sale of new...
...Ireland has, however, enjoyed a corporation tax bonanza with revenues more than doubling between 2020 and 2023 to hit €23.8bn last year....
...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....
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
...Corporate earnings: Japan’s Mitsubishi, Nintendo and Toyota Motor and China’s Semiconductor Manufacturing International Corporation report results....
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...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...There were other changes too, including alterations to the way foreign income is recognised. The company also receives a US R&D tax credit....
...Vine, a portfolio manager at M&G, a Toyota shareholder....
...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....
...Chinese anti-corruption authorities are investigating a senior executive at one of the country’s top military equipment suppliers, China Electronics Technology Group Corporation, in a new sign of turmoil...
...According to people briefed on the case, officials probed the bureau’s accounting practices and whether it complied with a 26 per cent cap on foreign ownership of media companies imposed by the government...
...Toyota is pouring a further $8bn into its battery manufacturing plant in North Carolina, in the largest such investment by a foreign carmaker since the US passed the Inflation Reduction Act in 2022....
...These places, where foreign direct investment exceeds 150 per cent of gross domestic product, include Singapore, Switzerland, the Netherlands, Luxembourg and Ireland....
...deal with General Motors....
...One we missed: IBM and the Holocaust: The Strategic Alliance Between Nazi Germany and America’s Most Powerful Corporation, by Edwin Black....
...Over the weekend New Zealand’s foreign minister Winston Peters begins a visit to India. The 96th Academy Awards will be held on Sunday at the Dolby Theatre in Los Angeles....
...In contrast, Toyota’s stock price has rallied more than 44 per cent in the same period....
...And the Tories also raised the corporation tax rate from 19 per cent to 25 per cent, though it is still lower than some peer nations....
...Hino, a subsidiary of Toyota Motor, achieved the gain by selling land adjacent to its headquarters in Tokyo for approximately ¥50bn ($334mn) to property developer Mitsui Fudosan....
...Toyota Motor, the world’s largest automobile group, plans to start selling EVs equipped with solid-state batteries by 2027 or 2028....
...“It should be Ford and the UAW vs Toyota and Honda, Tesla and all the Chinese companies that want to enter our home market.” Fain said: “It’s not the UAW and Ford against foreign automakers....
...Ann Lathrop, chief strategy officer for the Indiana Economic Development Corporation, says she and Governor Eric Holcomb recently visited Japan to meet executives at Subaru, Toyota and Honda, which all have...
...Under a series of interlocking rules, if profit by a multinational is taxed below a 15 per cent rate in one country, other countries will be able to charge a top-up levy....
...Hyundai, which makes cars in China as part of a joint venture with state-backed BAIC Motor, declined to comment on its China business....
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