KDDI aims to restore service Sunday after 40 million users affected

By Yuka Obayashi TOKYO -Japanese mobile carrier KDDI (OTC:KDDIF) Corp said it aimed to restore services Sunday evening after nationwide network troubles affected up to nearly 40 million users,...

Trump's media group receives subpoenas related to Digital World probe-filing

- Blank-check firm Digital World Acquisition Corp said on Friday former U.S. President Donald Trump's social media firm was served with two separate subpoenas over its merger plans. The...

Google to delete location history of visits to abortion clinics

- Alphabet (NASDAQ:GOOGL) Inc's Google said on Friday it would delete location history for people who go to sensitive places such as abortion clinics and domestic violence shelters. By Abhijith...

Don't Believe the Chanos Hype, Says Wells Fargo

By Sam Boughedda After famed short-seller Jim Chanos said that he is raising more than $200 million to short REITs that own legacy data centers, Wells Fargo analyst Eric Luebchow told investors...

Boeing disappointed after China's top three airlines buy 300 Airbus planes

- Boeing (NYSE:BA) Co said on Friday "it is disappointing that geopolitical differences continue to constrain U.S. aircraft exports" while responding to China's three biggest state-owned airlines...

Micron Defended at UBS, Reiterated Top Pick After a 'Key Clearing Event'

By Senad Karaahmetovic Micron Technology shares are down over 3.5% in pre-open Friday after the company reported results Thursday. The chipmaker offered downbeat guidance that sent shares lower...

Airport worker strikes ground some flights in Paris

By Caroline Pailliez PARIS - Airport workers went on strike at Paris' main international airport Roissy-Charles de Gaulle on Friday, forcing the cancellation of about 10% of flights and bringing...

Kohl's Plunges 15% After Reportedly Terminating Sale Talks with Franchise Group

By Senad Karaahmetovic Shares of Kohl's Corp are down almost 15% in premarket trading Friday after the company reportedly abandoned sale talks with Franchise Group (NASDAQ:FRG), according to...

JPMorgan 'Not as Worried as the Street' on Apple Heading into Earnings

By Senad Karaahmetovic JPMorgan analyst Samik Chatterjee has reflected positively on Apple as companies prepare to report on their performance in the second quarter of the year. Chatterjee took...

GM in driver's seat as Toyota stumbles on chip shortages

By Abhijith Ganapavaram - General Motors Co (NYSE:GM) is poised to outsell Japan's Toyota Motor (NYSE:TM) Corp in the second quarter, even as sales at major automakers in the United States are...

Toyota unveils its first mass market hybrid car for India, emerging markets

By Aditi Shah NEW DELHI - Toyota Motor (NYSE:TM) Corp on Friday unveiled its first mass market hybrid car for India, a sport utility vehicle (SUV), charting a new course for the Japanese...

Toyota misses May global production target, third month of shortfall

TOKYO - Toyota Motor (NYSE:TM) Corp on Wednesday said it missed its already downgraded global production target for May, falling short for the third month running, as China's COVID-19 lockdowns...

Analysis-U.S. mass shooting insurance rates jump as incidents rise

By Noor Zainab Hussain and Carolyn Cohn - The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year following a string of deadly...

Exclusive-Japan pushes to remove zero-emission vehicle target from G7 statement, draft shows

By Makiko Yamazaki and Kate Abnett TOKYO/BRUSSELS - Japan is pushing to remove a target for zero-emission vehicles from a G7 communique expected this week, according to a proposed draft seen by...

Explainer-Can crypto holders recoup losses in court?

By Jody Godoy - A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. court. Here is how cryptocurrency litigation has...

Toyota, Suzuki to build hybrid vehicle for India, global markets

By Aditi Shah NEW DELHI - Toyota Motor (NYSE:TM) Corp and Suzuki Motor Corp said on Friday they will begin production in August of their first hybrid vehicle in India, as part of a partnership...

European Stock Futures Higher; U.K. Retail Sales Slump

By Peter Nurse Investing.com - European stock markets are expected to open higher Friday, boosted by the previous session’s late rally on Wall Street, but sentiment remains fragile as economic...

Exclusive: Japan emphasised hybrids in policy document after lawmaker cited lobbying from Toyota head

By Makiko Yamazaki TOKYO - Japan changed a key policy document to show its support for hybrids was on par with battery-electric vehicles after a lawmaker cited the head of Toyota saying...

Asian Stocks Up as Investors Evaluate Economic Outlook

By Zhang Mengying Investing.com – Asia Pacific stocks were up on Friday morning as investors evaluated the economic outlook and interest rates hike expectations. The policy-sensitive US two-year...

Nasdaq listing most likely for Arm

TOKYO - SoftBank Group Corp's founder and Chief Executive Masayoshi Son on Friday reiterated that the Japanese conglomerate was most likely to list chip designer Arm on Nasdaq while stressing no...

Stocks up as commodity slide offers a salve for inflation fears

By Tom Westbrook SINGAPORE - Stocks and bonds were both headed for their first weekly gain in a month on Friday as investors wagered on central banks bringing inflation to heel, though growth...

Toyota, Subaru shares drop after EV recall announcements

- Shares of Toyota Motor (NYSE:TM) Corp and Subaru (OTC:FUJHY) Corp dropped on Friday after the two Japanese car makers announced recalls of their first mass-produced electric vehicles (EV) for...

Chance of Global Recession Seen as Coin Flip at Citi

By Louis Juricic The chance of a global recession is nearing 50%, according to economists at Citi. The bank joins a growing chorus of analysts and pundits warning about the dire effects tighter...

Toyota cuts stake in Uber by half, looks to maintain ties

- Japan's Toyota Motor (NYSE:TM) Corp has cut its stake in Uber Technologies (NYSE:UBER) Inc by about half after the ride-hailing giant divested the autonomous driving unit at the center of their...

Toyota recalls 2,700 electric vehicles

TOKYO - Toyota Motor (NYSE:TM) Corp on Thursday recalled 2,700 of its first mass-produced electric vehicles because of a danger that wheels could come loose. The world's largest automaker by...

Exclusive-United to cut 12% of daily Newark flights to boost performance

Breaking News By David Shepardson WASHINGTON - United Airlines will announce on Thursday it will temporarily cut about 50 daily departures from its Newark airport hub starting July 1 to address...

EV Shares Jump as China Considers Extending Tax Exemptions

Breaking News By Michael Elkins Singapore-traded shares of NIO Inc gained 5.5%, Li Auto (HK:2015) traded up as much as 9.4% in Hong Kong, Xpeng (HK:9868) added 9.7% and BYD Co (HK:1211) gained...

Chinese watchdog says risks in smaller banks generally under control

BEIJING - Risks in China's medium-sized and small banks are generally under control despite some individual banks having engaged in criminal activities, the vice chairman of the country's banking...

Ex-exec Hamp arrested in 2015 on drug offence returns to Toyota

TOKYO - Julie Hamp, a former Toyota Motor (NYSE:TM) Corp executive who was arrested and then released in Japan in 2015 over the suspected illegal importation of the painkiller oxycodone, has...

U.S. recession fears darken outlook for Japan, global factories

By Leika Kihara TOKYO - Japan's factory activity growth slowed to a four-month low in June as China's COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing...

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